Verbal Offers Aren’t Worth the Paper They’re Written On

Verbal Offers Aren’t Worth the Paper They’re Written On

When it comes to cannabis businesses, verbal offers are not worth the paper they are written on. This is because cannabis businesses should always follow up verbal offers with a written email in order to avoid having deals ruined by people that will say anything. Additionally, integration clauses help to protect businesses, but following up is the best way to ensure that all details of a deal are captured and agreed upon.

Therefore, cannabis businesses should always take the time to follow up on verbal offers in order to protect their interests.

How can I safeguard my company?

There are a few things cannabis businesses can do to protect themselves. First, they should always follow up verbal offers with a written email.

This will help to ensure that all details of the deal are captured and agreed upon. Additionally, cannabis businesses should consider using integration clauses in their contracts. These clauses can help to protect businesses by specifying that all prior agreements between the parties are merged into the contract.

Finally, cannabis businesses should always consult with an experienced attorney before entering into any contractual agreement. This will help to ensure that the business is protected and that all legal requirements are met.

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Thomas Howard

a seasoned cannabis business attorney, entrepreneur, and advocate with over a decade of hands-on experience navigating complex cannabis regulations across the United States. As the founder of Cannabis Industry Lawyer and co-host of Cannabis Legalization News, Tom has helped clients win cannabis licenses in multiple states, advised startups from seed to sale, and litigated key industry cases involving constitutional challenges and regulatory disputes. He’s personally built and launched cannabis businesses, giving him a rare combination of legal expertise and real-world operational insight. Tom has studied thousands of pages of cannabis laws and rules, testified on legalization issues, and regularly appears in media to break down developments in plain English. His mission: to fight outdated prohibition, empower entrepreneurs, and provide trustworthy, actionable information to anyone building a future in the legal cannabis industry.
Picture of Thomas Howard

Thomas Howard

a seasoned cannabis business attorney, entrepreneur, and advocate with over a decade of hands-on experience navigating complex cannabis regulations across the United States. As the founder of Cannabis Industry Lawyer and co-host of Cannabis Legalization News, Tom has helped clients win cannabis licenses in multiple states, advised startups from seed to sale, and litigated key industry cases involving constitutional challenges and regulatory disputes. He’s personally built and launched cannabis businesses, giving him a rare combination of legal expertise and real-world operational insight. Tom has studied thousands of pages of cannabis laws and rules, testified on legalization issues, and regularly appears in media to break down developments in plain English. His mission: to fight outdated prohibition, empower entrepreneurs, and provide trustworthy, actionable information to anyone building a future in the legal cannabis industry.

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