San Francisco Cannabis Business Formation

Attorneys Providing Energetic Legal Planning for a Dynamic Industry

The cannabis industry is vital and fast-changing, and retaining our skilled San Francisco cannabis lawyers to assist in your business plans is an excellent way to join it. We are eager to help start-up companies to develop their ideas and products and allow them to transition from dream to reality. Establishing a business is rarely simple, but with the support of Stewart & Musell, LLP, you can found a company which has the potential for long-term growth, stability, and security.

• At Stewart & Musell, LLP, we can assist you with all aspects of forming your medical marijuana business, including:
• Entity selection & registration.
• Filing and registering your business.
• Negotiating financing contributions.
• Drafting corporate governance documents.
• Drafting contracts for commercial use, employment, and more.
• Mergers and acquisitions.
• Protecting intellectual property.

If you are ready to turn your dream into a reality, contact us today. We are ready to help your business grow!

The Process of Business Formation

Building a business from scratch is no easy task. There are many important legal decisions to make which will have far-reaching implications for what your options and responsibilities will be as the business owner, as well as for partners, shareholders, and more.

• Though every situation is different, most businesses can expect to experience the following:
• Entity selection: in which together we determine which option, be it a corporation, cooperative, partnership, or LLC. Each option carries with it different advantages and disadvantages.
• Filing: in which we help you file and register your business. In the case of cannabis businesses, we also assist start-ups in acquiring the necessary permits and licenses to buy, sell, or grow in their municipalities.
• Incorporating documents and procedures: fairly standard in most any business, this entails drafting the initial documentation. This may include bylaws, operating agreements, employment agreements, and more.

Requirements for Forming a Cannabis Business

When forming a cannabis business, you must have a state and local license. The licensing and documentation required depends on the location of the business and what type of business transactions you will be conducting. For example, the requirements for marijuana dispensaries are different from a business that will be growing and marketing it to retail businesses.

There are three licensing authorities in California:

1. The Bureau of Cannabis Control
2. Manufactured Cannabis Safety Branch
3. CalCannabis Cultivation Licensing

When starting up your business, expect to create:

• An executive summary
• A marijuana business plan
• A Marketing plan
• A Financial plan
• A marijuana business model
• A Real Estate Plan

Types of Marijuana Businesses

The three licensing authorities for businesses coincide with the three main types of marijuana business types. The three main types are:

1. Cultivation
2. Infused Cannabis Products
3. Retail Sales

Other types include delivery services, cannabis devices, online businesses, etc.

We Can Help

At Stewart & Musell, LLP, we are dedicated to providing the highest quality counsel we can to every client, enabling them to build rock-solid foundations for companies that can last and grow. Our San Francisco cannabis lawyers have decades of experience in the legal field and have the skill you need to help you join this exciting and ever-changing industry.

Call us today at (415) 843-2882 to learn more about the services we offer and how you can get started today.