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Cannabis Companies are Taking a Hit in Court

April 10, 2023Article
Los Angeles Business Journal

Cannabis Co-Chair and Litigation Partner Priya Sopori published the article, "Cannabis Companies are Taking a Hit in Court" to Los Angeles Business Journal Trusted Advisor column.

Excerpt:

Those who entered into California’s cannabis industry expecting to reap surging profits may find the current business landscape ripe for only one thing: litigation. Some are fighting off unhappy investors and business partners no longer “high” on their agreements; others have come to realize (sometimes belatedly) that they need to comply with California’s strict labor and employment laws; and others must chase down counterfeiters or defend their products against class action suits brought by consumers. No matter the case, litigation eats into the profits of a cannabis company and creates a headache that no business needs, especially during an already challenging time.

Read the full article here.

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