Cannabis Law, Partnerships & Why You Need an Attorney First — Gleam Law's Neil Juneja

Neil Juneja was in the room when cannabis was first legalized in Washington State.As founder and managing partner of Gleam Law, Neil represented the first cannabis licensees in Washington, was featured in Newsweek and Time Magazine, and has spent nearly 20 years navigating one of the most complicated regulatory environments in American business history. He's also handled partnership disputes between brothers, fathers and sons, and people who thought a handshake was good enough — in cannabis and far beyond it.In this conversation with Donna Harris, Neil breaks down where the cannabis industry actually stands right now — the THCA loophole closure, the 280E tax burden that taxes cannabis businesses on gross profit instead of net profit, why Oregon once produced 12 times more cannabis than their state could consume, and what happens when a market goes from 70% margins to thin agricultural commodity pricing faster than anyone expected.Then the conversation turns to something every small business owner needs to hear, cannabis or not: why you need an attorney before you have a problem, why governing documents are the foundation of your house, and why ChatGPT is a word salad machine that doesn't actually answer the legal question.Neil's line says it all: would you rather have a guardrail at the top of the stairs or an ambulance waiting at the bottom?Neil JunejaFounder and Managing Partner, Gleam Lawgleamlaw.comDonna Harris, MBA, MAccCEO, Bookkeeping Made Simple LLCmysimplebookkeeping.com | 801-692-0032