Cannabis Companies are Taking a Hit in CourtApril 10, 2023 – Article
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.
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.