Alexa Steinberg
When you apply for a marijuana business license in California, one of the many documents you must sign is a sworn statement that your business will enter into a labor peace agreement, or LPA.
Almost every licensed cannabis entrepreneur will eventually have to sign an LPA, which is a preliminary contract between your business and a labor union.
Dan Stone
However, many in the industry sign an LPA without even reading it or understanding what it means for their business – let alone speaking with a lawyer about it.
This is a mistake.
When you sign an LPA, your business will have to live with its terms for years to come.
Even though an LPA is often required by law, it is not a standard form.
ADVERTISEMENT
Some of its terms are negotiable and absolutely should be negotiated like any other contract.
What is an
Read full article on Marijuana Business Daily
