Disclaimer

Draft for attorney review. This page has not been reviewed by counsel and is not yet in effect. Bracketed items must be completed before launch.

We provide consulting, not legal advice

Joint Venture Advisors is a cannabis management and consulting company. We are not a law firm, and we do not provide legal advice. Nothing on this website, in our materials or in our communications is legal advice or creates an attorney-client relationship. You should consult a licensed attorney about your specific situation, including ownership structures, agreements, regulatory filings and compliance obligations. Where our work touches legal questions, we coordinate with your attorney.

No tax, accounting or investment advice

Nothing on this website is tax, accounting, financial or investment advice. Federal tax rules, including Section 280E of the Internal Revenue Code, affect cannabis businesses in significant ways. Consult a qualified accountant or tax adviser before making decisions. Information about valuations, returns or costs is general and is not an offer or solicitation to buy or sell any security or business interest.

No guarantee of license outcomes

Cannabis licenses, location approvals, local permits, inspections and changes of ownership are decided by state regulators and local governments, and many licenses are awarded by lottery. We do not and cannot guarantee that any application will be approved, that any license will be awarded, that any approval will be granted within any timeline or that any inspection will be passed. Descriptions of our experience, including licenses won and stores opened, describe past results. Past results do not guarantee future outcomes.

No guarantee of business results

Sales, margins, profits and other business results depend on many factors outside our control, including market conditions, competition, regulation, taxes and how a business is run. Any targets, benchmarks, examples or projections on this website or in our materials are illustrations, not promises.

Cannabis remains illegal under federal law

Cannabis remains a controlled substance under United States federal law, and adult-use cannabis activity is illegal under federal law even where it is legal under state law. Federal law and enforcement priorities can change. Participating in the cannabis industry carries legal, financial, banking, tax, immigration and other risks. Our services are intended only for businesses operating, or seeking to operate, in compliance with applicable state and local law, and nothing on this website encourages anyone to violate any law.

State and local rules vary and change often

Cannabis laws and regulations differ from state to state and town to town and change frequently. Our state guides and articles show a "last updated" date and list their sources, but they may not reflect the most recent changes. Always confirm current rules with the regulator and your attorney before acting.

Third-party information

Our content relies in part on information from regulators, news organizations, law firms and other third parties. We link to those sources so you can check them. We do not guarantee the accuracy of third-party information and are not responsible for third-party websites.

Contact

Questions about this disclaimer: info@jointventureadvisors.com.