Take an incident like when Oregon's Liquor Control Commission recalled Blue Magoo Marijuana strain after 2017 samples were found to contain state-limit-exceeding pesticide residue levels.
Now imagine personal injury lawyers hijacking social media, and leveraging like-minded legislators, regulators and media sources, as they toss a ten-thousand-claim grenade at Blue Magoo's growers and processors and any dispensary selling the strain.
Each year defective, faulty or misused products cause serious injuries, property damage and business interruption. Due to Marijuana's 100% federal illegality, even more is at risk for those "touching the plant" before sale to the consumer ; i.e., anyone planting, cultivating, harvesting, processing/extracting, testing, packaging, disposing, transporting, and dispensing Cannabis.
With Fortune Magazine placing a $31.4 billion valuation on the global Cannabis market, it's just a question of when massive lawsuits will be filed and even the most standard claim could crash an insufficiently prepared Marijuana Related Businesses.
Obtain understanding of legalized marijuana industry including both plant-touching and non plant touching aspects.
Learn common law and statutory causes of actions that can be asserted against Marijuana Related Business including RICO and Drug Dealer Liability Act claims.
Obtain business practices that Marijuana Related Businesses can deploy to protect against litigation including product warranties, launching safety programs, maintaining essential records, and "performing claims triage".
Steve practices marijuana law through national cannabis law firm Hoban Law Group. With 12 offices and 30 lawyers, Hoban Law Group is only practice 100% devoted to cannabis and hemp law. Admitted to practice in Pennsylvania and New Jersey, Steve represents entities, governments and individuals in choosing a structure, preparing and submitting license application, regulation, compliance and litigation, and drafting legislation. A nationally recognized consumer finance litigation, banking law and cannabis law expert, Steve is a The Legal Intelligencer and Cannabis Business Executive columnist, frequent Pennsylvania Bar Institute and National Bar Institute author and lecturer and serves as a court appointed judge pro tempore and arbitrator. Steve serves on, and makes regular presentations to, Pennsylvania Credit Union Association, Bank Secrecy Act Compliance Group, Cannabis Professional Advancement Series, and Greenhouse Venture, LLC. Steve also serves on both Commonwealth of Pennsylvania and Philadelphia County administrative committees charged with drafting and revising state and local cannabis related regulations. Steve earned his B.A. degree from Pennsylvania State University and his J.D. degree from the University of Pittsburgh School of Law, where he served as an editor of the Law Review and graduated with honors. Before entering private practice, Steve served as law clerk to a U.S. District Court judge for the Eastern District of Pennsylvania.