
MARIJUANA BUSINESS LAW
With over 15 years of experience in the cannabis sector, the Law Office of Kimberly R. Simms brings a deep love and respect for this remarkable plant and its potential. Kimberly is dedicated to guiding businesses and entrepreneurs through the unique challenges of the cannabis landscape, ensuring they thrive in this dynamic environment.
Kimberly understands the diverse perspectives of legacy operators, emerging entrepreneurs, and investors alike. Her extensive legal and business background allows her to connect with clients at every stage of their journey, helping them navigate the complex regulatory framework and develop effective strategies for success.
Kimberly helps her clients harness California’s rich cannabis heritage to build a flourishing business that not only complies with the law but also embraces the spirit of innovation and community that cannabis represents in California.
Over 15 Years in Cannabis Law
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Advise on business structure (LLC, Corp, etc.)
· Strategic planning for growth and acquisitions
· Founder and shareholder agreements
· Intellectual Property Protection
· Financing and Capital Structure
· Help create a business plan for successful future
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Advise on board structure and bylaws
· Develop governance polices and procedures
· Ensure compliance with corporate law
· Assist and advise on Shareholder and board meetings
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Draft and negotiate commercial contracts
· Supply Chain Agreements
· Management Services Agreements
· Licensing Agreements
· Confidentiality and non-disclosure Agreements
· Consulting Agreements
· White Labeling Agreements
· Joint Venture Agreements
· Influencer and brand ambassador Agreements
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Ensure compliance with local laws
· Ensure compliance with state regulations
· Assist with responses to Notices to Comply
· Assist developing ongoing compliance programs to mitigate risks
· General regulatory and compliance counsel
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Assist in evaluating locations based on zoning and regulations
· Draft competitive local licensing applications
· Assist in obtaining and renewal of local and state licenses
· Assist with changes to licensure including ownership changes, change of location, update to premises diagram
· Assist with ongoing communications with licensing authorities
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Conduct due diligence for mergers, acquisitions and investments
· Evaluate regulatory, legal and financial risks
· Review compliance history and potential liabilities for investment
· Advise on proper deal structure
· Advise non cannabis businesses about entering the cannabis and hemp industry
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Draft and negotiate lease agreements
· Advise on real estate zoning and land use laws for business use
· Assist in securing and maintaining local licenses
· Draft and negotiate real estate purchase agreements
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Provide legal opinion letters on licensing, compliance and business structure
· Clarify the legality of specific cannabis operations or transactions
· Advise on risks associated with cannabis contracts and agreements
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Draft partnership dissolution agreements
· Handle the legal closure of businesses, ensuring state and local compliance
· Assist with the distribution of assets and settlement of debts
· Advise on the filing of required documents with regulatory authorities for business closure
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Provide ongoing legal advise and on business operations and compliance
· Assist with corporate governance – resolutions, board meetings and minutes
Review and negotiate contracts
· Advise on risk management strategies
· Initial collections and demand letters
· Assist with routine license issues
· Assist with regulatory compliance
· Project Management
