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Cannabis Contracts 101 – Grower Agreements | Cannabis Industry Lawyer
Cannabis Contracts 101 – Grower Agreements
Welcome to the Cannabis Contracts 101 series. In this video, we’ll be discussing Grower Agreements. We cover the master grower agreement; cultivation services agreements, and Lease & Management Agreement.
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What are cannabis grower agreements?
Grower agreements are used in many states to regulate the sale and purchase of cannabis plants or cuts. A grower agreement sets out the legal obligations between a grower and buyer, including specifications on product quality, delivery times, and payment terms. It also serves to protect the interests of both parties involved in the transaction.
When considering a Grower Agreement, it is important to understand the various types of plants or cuts that are available. Different strains have different levels of THC, CBD and other chemical compounds which can affect product quality and pricing. Additionally, buyers and growers should agree on the method of delivery for the cannabis plants or cuts.
Cannabis Contracts 101 – Grower Agreements | Cannabis Industry Lawyer
It is also important to consider the payment terms and conditions associated with a Grower Agreement. Payment terms typically include when funds are due, what form of payment is acceptable, and whether or not a buyer can return products for a refund. Buyers should understand
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