Home > Insights > Blogs > Tracking Cannabis > Webinar will examine opportunities and challenges of cannabis in California

Webinar will examine opportunities and challenges of cannabis in California

Michael Rosenblum October 10, 2017

Are you wondering where the California cannabis industry is going? You’re not alone.

Companies and investors are encountering  tremendous opportunities and unique challenges on a daily basis as the industry grows into what is expected to be more than a $5 billion industry in the state next year.

I’ll be joining a panel of industry experts for a free one-hour webinar. “The Pot Thickens: Building a Successful Cannabis Business in California” will take place Wednesday, Oct. 11, at 11 a.m. Pacific Time.

It will cover latest industry trends and important considerations, such as obtaining permits and licenses, navigating the regulations, and structuring companies to maximize value to investors. 

Additional topics include:

  • Current banking issues, and how to navigate them;
  • How to move from cultivation into extracted products;
  • The dangers of pesticide contamination and what can be done about it; and
  • How lab test data can affect the industry.

Joining me on the panel will be Dr. Paul Lessard, President & Chief Scientist, Delta9Labs; Adam Spiker, Executive Director & Co-Founder, Southern California Coalition; and Chris Vane, Director of Business Development, RoseRyan, Inc., who will host the event.

Michael Rosenblum is a corporate associate in Thompson Coburn’s Los Angeles office and is a member of the firm’s cannabis industry group.

Thompson Coburn advises clients on state laws governing the business of cannabis to facilitate compliance with those state laws. Federal laws concerning cannabis currently conflict with state laws in states that have legalized cannabis or possession of cannabis. Although federal enforcement policy may at times defer to these states’ laws and not enforce conflicting federal laws, interested businesses and individuals should be aware that compliance with state law in no way assures compliance with federal law, and there is a risk that conflicting federal laws may be enforced in the future. In addition to this Cannabis-specific note, readers should review Thompson Coburn’s Conditions of Use / Disclaimers page containing other important information.