Patents grant the intellectual property rights of inventions to their inventors. Patents protect inventors from having other entities use and produce their inventions without their consent. Patents are extremely common,...
The so-called corporate veil is the legal designation of a limited liability company (LLC). The LLC designation is what offers business owners protection from legal responsibility for the company. When...
Cannabis remains federally illegal in the United States. This means it is illegal for banks to handle medical and recreational cannabis revenue. As with other aspects of the cannabis business,...
Federal Prohibition Continues Despite cannabis being legal in 18 states, the federal government still maintains cannabis prohibition through the Controlled Substances Act. Cannabis prohibition creates numerous challenges for cannabis businesses...
Bernie Madoff recently died. Madoff was known for operating the largest Ponzi scheme in history. So what is a Ponzi scheme and how can businesses protect themselves? What is a...
In recent years, many states across the country have liberalized their cannabis laws. It is important to note that while individual states have changed their laws, cannabis remains federally illegal....
The COVID-19 Pandemic has drastically changed how we think about home life and work life. As the world emerges on the other side of the pandemic, business owners will be...
Cryptocurrency was first invented in 2009 as an alternative to traditional forms of money and has only gained popularity since then. What is Cryptocurrency? Cryptocurrency (or crypto, for short) can...