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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.
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Obtain understanding of legalized marijuana industry including both plant-touching and non plant touching aspects.
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Learn common law and statutory causes of actions that can be asserted against Marijuana Related Business including RICO and Drug Dealer Liability Act claims.
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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".
2019 National Law Journal “Finance, Banking, & Capital Markets Trailblazer” award winner Steve Schain represents entities, governments, and individuals in litigation, regulation, compliance, loan drafting, licensing applications, and entity formation. A nationally recognized financial services, consumer finance litigation, banking law, and cannabis law expert, Steve is a The Legal Intelligencer, New Jersey Law Journal, and Cannabis Business Executive columnist and serves as a court-appointed judge pro tempore and arbitrator.
Steve is also an Adjunct Faculty Member, and teaches “Cannabis Law” at Stockton University, one of only five universities offering a minor in Cannabis Studies. Steve serves on and makes regular presentations to National Cannabis Industry Association, International Cannabis Bar Association, Pennsylvania Credit Union Association, Bank Secrecy Act Compliance Group, and Marijuana Business Daily. Steve also serves on both Commonwealth of Pennsylvania, Washington State, Utah, 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 a law clerk to a U.S. District Court judge for the Eastern District of Pennsylvania.
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About Our Presenter
The HLG family of attorneys are industry pioneers responsible for developing legal strategies and advancing litigation in critical areas that have contributed to the growth of this nascent industry. This is a global industry and HLG embodies international professionalism. Their team of experts are fluent in numerous languages, including Portuguese, Spanish, Polish, Dutch, and German.
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