Before you put your name on flower, vapes, gummies, or a dispensary deal, get the legal and business checklist artists should review first.
Your name is the most valuable asset in a cannabis brand deal. Read the checklist before someone else’s contract decides who owns it.
One page. Six sections. The questions to ask before your name goes on anything.
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Download the Checklist Got a deal on the table? Email Terron directly →Every month another artist announces a strain, a vape line, or a dispensary partnership. The cannabis brand deal pitch is always the same: lend your name, post a few times, collect a royalty. Easy.
Here’s what the pitch leaves out. Your name, image, and likeness are the single most valuable asset in that deal — and the paperwork usually moves them into somebody else’s company. Sign the wrong version and you can end up with your name on packaging you don’t control, royalties calculated on “net profits” that never materialize, and licensing disclosures you didn’t know applied to you.
None of that is a reason to skip the opportunity. It’s a reason to walk into the cannabis brand deal with a strategy — the same way your music and entertainment counsel treats a record deal. Know who owns the brand, who controls the money, who holds the license, and how you get out if the partner doesn’t perform. That’s exactly what the checklist covers.
The best time to bring a lawyer into a cannabis brand deal is before the term sheet — while everything is still negotiable. The second-best time is right now.
Email Terron before you sign a cannabis deal or grab the checklist firstWorth reading before you sign
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