Commercial Contracts
Recognized Commercial Contract Expertise
Hemp and cannabis cultivators and other operators that have traditionally relied on unwritten deals with their suppliers and others along the supply chain have learned the hard way that these undocumented transactions offer little to no legal protection and no way to allocate and shift risk. With growth and experience, cannabis and hemp industry operators have become more interested in predictability, and have begun standardizing the documentation of all third-party agreements in binding, written contracts. The Law Office of Shay Aaron Gilmore has been recognized as a Super Lawyer in Business Law, and as one of the Top 100 Lawyers across all practice areas, by Super Lawyers® Magazine, in part as a result of the superior results Shay has achieved on behalf of cannabis and hemp clients in their commercial contract transactional matters.
What Are the Risks of Not Having the Proper Commercial Contracts in Place?
From Shay’s interview for the Master’s series on ReelLawyers.com
The risks to your cannabis or hemp business of not having legally enforceable commercial contracts in place are numerous. They include compliance and regulatory risks, loss of competitive advantage, and the potential for litigation and legal disputes.
There are several strategies you can use to mitigate these risks, such as developing comprehensive contracts and including key clauses that ensure the compliant operation of your commercial cannabis or hemp business.
When commercial relationships are going well, written contracts may seem unimportant, but when things take a turn for the worse, a written contract not only sets expectations for each party, but also protects the parties with representations and warranties, indemnification clauses, and risk-shifting provisions to provide clarity, and enable businesses to conduct operations seamlessly. Shay has experience drafting the full range of agreements that a hemp or cannabis business may need, including but not limited to:
- Commercial contracts across the cannabis supply chain
- Confidentiality agreements
- Processing equipment sales agreements and leases
- Management agreements
- Flower supply agreements
- Distribution agreements
What Types of Commercial Contracts Do Cannabis Businesses Need?
From Shay’s interview for the Master’s series on ReelLawyers.com
As a commercial cannabis business, you will absolutely need a variety of commercial contracts. These include operating agreements if you’re organized as a limited liability company, as well as vendor and supplier agreements, distribution agreements, retail and dispensary contracts, and non-disclosure agreements.
Each of these contracts will help you, as an operator, establish successful and professional relationships with your business partners.
Focused on Cannabis and Hemp Agreements
Whether you are taking a fresh look at the level of protection your current business documentation provides, or just getting started as a commercial cannabis or hemp operator, The Law Office of Shay Aaron Gilmore is ready with legal solutions for your cannabis and hemp business needs. From review and negotiation of contracts handed to you, to preparing bespoke contracts from scratch, Shay helps clients anticipate and overcome pitfalls in commercial cannabis business transactions, strengthening relationships among cannabis and hemp industry operators. The Law Office of Shay Aaron Gilmore routinely prepares commercial agreements for cannabis and hemp industry clients, including:
- Transport-only agreements
- Purchase agreements
- Manufacturing agreements
- License agreements
- Joint venture agreements
- Consulting and professional services contracts
Shay understands the commercial contract arrangements across the cannabis and hemp supply chains, and knows how the Uniform Commercial Code (UCC) and other contractual rules apply to these agreements. Cannabis and hemp clients rely on The Law Office of Shay Aaron Gilmore to maximize their advantage and make deals more profitable because Shay knows these deals inside and out. Shay’s commercial contract work for cannabis and hemp companies includes skilled preparation and vigorous enforcement of:
- Agency agreements
- Alliance and collaboration agreements
- Consulting arrangements
- Customer service agreements
- Sales representation contracts
- Supply contracts
- Warranties
The Law Office of Shay Aaron Gilmore proactively identifies and mitigates legal and commercial risks to safeguard your interests and cultivate successful relationships with your business partners and customers. Contact us today to find out how we can help with the commercial transactional needs of your cannabis or hemp business.
