Culhane Law represents industrial hemp farmers, brokers, processors, investors, deal makers, fund managers and health-industry entrepreneurs. Their business law attorneys provide advice and assistance with corporate transactions, securities, and growth strategies in the industrial hemp and CBD industry.
When the Controlled Substances Act made marijuana possession and use illegal in the United States, it criminalized the country’s hemp industry. Recent developments on the federal and state levels have allowed for the return of industrial hemp growth and production for everything from paper, fiber and plastics to food and health products. These welcome changes have opened the door for investment opportunities into this re-emerging market, with less risk than in marijuana businesses.
Industrial hemp refers to cannabis plants that have low concentrations of delta-9 tetrahydrocannabinol (THC) (no more than 0.3%), the intoxicating chemical in marijuana . The health product and consumer packaged goods industries have found that hemp contains cannabidiol (CBD), which can be used for a variety of health properties. Because industrial hemp is not intoxicating, federal law allows it to be cultivated, manufactured, distributed, and sold, without the same restrictions placed on marijuana. However, there are still industry-specific regulations at the state and federal level that need to be followed. Contrary to popular belief, CBD products are not legal in all 50 states.
Culhane Law understands the legal intricacies of industrial hemp. Their business law attorneys advise investors, private equity funds, venture capital funds, family offices, portfolio managers, and entrepreneurs to understand the legal distinctions and gray areas of this emerging industry and address concerns over the application of federal and state laws to their investments.
Culhane Law is a team of experienced business and corporate attorneys focused on bringing their know-how to the emerging industries of cannabis, marijuana, and industrial hemp. Unlike most cannabis attorneys whose involvement with marijuana law started in the criminal courts, the Culhane Law attorneys have the technical expertise and business acumen to assist investors, deal makers, and entrepreneurs in structuring and funding their next business venture. The Culhane Law attorneys distinguish hemp-related business ventures from more controversial marijuana matters. They understand that industrial hemp farmers, brokers, processors, and CBD product manufacturers and sellers face different legal challenges, and require experienced and knowledgeable representation on those issues.
For investors, private equity funds, venture capital funds, family offices, and portfolio managers, industrial hemp and CBD products can provide an appealing balance of innovation, anticipated profitability, and legal security. Hemp products and CBD products fall into such a wide variety of commercial categories that early movers in the industry can help broaden their portfolios and expand their influence at attractive valuations.
Culhane Law represents individual investors and fund managers, helping them connect with savvy and sophisticated hemp entrepreneurs. By leveraging the Culhane Law existing network of experienced cannabis professionals, the firm’s attorneys can help investors decrease the risk of cannabis transactions. Culhane Law attorneys travel nationwide from their home offices in Minneapolis, Minnesota, and Los Angeles, California, to provide investors and entrepreneurs thoughtful advice and meaningful connections within the industrial hemp and CBD industries.
Industrial hemp is still a new and closely watched industry. Conservative lawmakers and regulators at the federal level want to be certain the industry is free from any controlled substance concerns. The government’s watchful eye makes it essential that entrepreneurs and investors use the correct corporate protections in structuring their investments, joint venture agreements, and securities.
Culhane Law’s background in complex corporate transactions ensures that its clients are protected in the deal. Culhane Law has the experience to handle complex mergers and acquisitions, as well as the knowledge to craft robust investment structures, strategic joint venture agreements, and other documentation to protect the investments and interests of all involved. Their attorneys can assist in drafting financing and other agreements that ensure legal compliance at every level of the corporate structure.
The Culhane Law attorneys work with private equity funds, venture capital funds, family offices, portfolio managers, and entrepreneurs to help them understand the legal and regulatory landscape of the industrial hemp industry. They provide up-to-date legal advice as clients consider their investment options and capital deployment strategies. Call (612) 483-5385 or contact Culhane Law online to schedule a meeting with an attorney.