In any business, a contract is only valid when all parties can agree to its terms and conditions. In case there are disagreements, and one party breaches the agreement, then a contract dispute arises. Cannabis contract disputes, just like other disputes, can be settled in and out of the courtroom.
This type of breach arises when one party does not deliver as promised. In such a situation, a contact is irreparable, and the affected party can choose to sue the party that did not honor their part of the bargain.
If the affected party wins, then the other part pays for damages. Parties can also decide to sort things out of the court with the help of a competent attorney. Other remedies for contract breach include specific performance, and cancellation and restitution.
Otherwise known as an immaterial breach, this type of violation does not break the core of the contract meaning that the deal is still valid. Even though the agreement does not change, the party that has not breached the contract can still sue for damages.
The cannabis industry is highly regulated, and because the law keeps on evolving, it is normal for business owners in the industry to find themselves in disputes. This is where cannabis contract litigators come in.
Attorneys with adequate experience in this field can help with mediation and arbitration when contract disputes arise. When you have an experienced attorney by your side, you can safeguard both your business licenses and other assets that may be at stake in case of a contract dispute.
Even when there are no disputes, there are many regulatory issues that business owners solve from time to time. An attorney helps to give guidance on what to do to comply with the law at all times.
I am Attorney Thomas Howard, and I work with a team of lawyers who are well versed in the cannabis industry. Our company is based in Peoria, Illinois, where we offer guidance and legal counsel, as well as help business people establish cannabis ventures in the state. If you need a lawyer in the Peoria area, get in touch with us, and we will be happy to help.
There are many reasons why you should work with our company. For one, we know how to fight smart and safeguard our clients’ businesses and assets. We fully understand the cannabis industry and know what steps to take when you need representation.
Even better, we have several years of experience. Our company has been in operation for a while, and we have successfully handled hundreds of cannabis contract disputes in the past. We have also dealt with cannabis property disputes, courtroom litigation, and private mediation.
We understand all cannabis requirements as stipulated set by law to help you safeguard your business. We also know what to do when partner disputes are putting the business you have struggled to build in jeopardy.
Whatever area you are anxious about, you are welcome to talk to us, and we will help you analyze your options while ensuring that you continue operating in compliance with the law.
Our cannabis business attorneys are also business owners. They can help you structure your business or help protect it from overly burdensome regulations.