Colorado Psychedelics Disputes and Litigation

If your Colorado psychedelics business is involved in a dispute with another business, you don’t just need an attorney—you need an attorney with experience in the psychedelics industry.

The industry is still in its infancy, following the passing of the Natural Medicine Health Act in Colorado. Disputes are inevitable as the regulations evolve and psychedelics businesses of all types look for clarity with licensing and compliance. This can be challenging without the right assistance.

Disputes between competing businesses or contractual disputes between partners, suppliers and customers can also affect any business in any sector and at any stage of growth.

Settling these disputes in a way that limits their impact on a business requires a solid understanding of your legal rights.

The lawyers at Cannabis Law Solutions can help you protect your rights as a psychedelics business. We have extensive experience in litigation, mediation, arbitration and handling administrative disputes and are ready to vigorously defend your interests either in or out of the courtroom.

Experienced psychedelics litigation lawyers

The growing psychedelics industry in Colorado is beset with many challenges as the state and local laws are formulated.

There are no signs that the federal laws are about to change so any local laws are made with the knowledge that psychedelics remain illegal as controlled substances at the federal level.

Whether you’re a researcher, entrepreneur, investor, clinician or manufacturer, a knowledgeable and experienced legal partner is essential as you establish and build your business. And if you are the subject of a government investigation, licensing issue or become involved in a business dispute, you need seasoned legal advice before deciding what to do next.

Legal disputes can be costly and by working toward a favorable outcome, you can limit the potential consequences

The psychedelics industry is relatively new to Colorado but the experience of our disputes and litigation attorneys can help you navigate these troubled waters. We’ve represented both public and private companies and industry investors in litigation proceedings within similarly contentious industries like the cannabis industry.

Psychedelics litigation and dispute services

Cannabis Law Solutions offers a range of litigation, mediation and arbitration services for disputes within the psychedelics industry in Colorado. These include the following…

Founder and partnership disputes

Founders, partners and shareholders can face disagreements in any business but when the business sector is as new as psychedelics, misunderstandings and missteps are even more common.

With large investments often at stake for business owners entering the psychedelics sector, disputes can be very costly and quick resolutions are usually preferable for all parties. This may be impossible without the right legal guidance.

Litigation should be the last resort — if all else fails. A range of alternative dispute resolution methods are generally preferable. We can provide mediation and arbitration services for all types of legal disputes, such as:

• The removal of a partner
• Recovery of assets after a buyout
• Dissolution of a failed partnership
• Rescinding a partnership agreement

Traditional business disputes

Internal disputes or disagreements with customers, suppliers or competitors are common in business — and the growing psychedelics industry is no exception.

With laws and regulations still being formalized, disagreements are common. Our attorneys can assist with the following types of business disputes:

• IP and trade secret disputes
• Employment disputes
• Breach of trademark disputes
• Breach of contract disputes
• Unfair competition
• Breach of fiduciary duty
• Rescission of an agreement
• Fraud
• Real property and lease disputes
• Land use and entitlement disputes

Remember, for psychedelics businesses, traditional disputes may become more complicated because the industry is just getting established in Colorado and legal precedents are few.

Investor protection and recovery

As more investors eye opportunities within the psychedelics industry in Colorado and begin to flood into the sector, they will want to protect their investments and minimize risk.

Mismanagement or misconduct can easily cause a new psychedelics business to fail and investors want to protect against this. If it does occur, litigation may be necessary — though there are often better options before reaching that final stage.

Either way, investors want to recover losses from wrongdoing or mismanagement and we can help you do that through the litigation, mediation and arbitration processes.

Who can we provide legal assistance to?

We provide legal services for any type of business looking to become established or already established in the psychedelics sector in Colorado. Under the legislation, the following four types of business licenses are issued:

• Opening and operating healing centers where psychedelics are used to treat patients
• Cultivating natural psychedelics for use in healing centers
• Manufacturing products for use in healing centers
• Opening and operating testing facilities for psychedelic products

Legal assistance with psychedelics business disputes in Colorado

No new psychedelics business can afford a negative outcome or expensive delays from a business dispute, administrative penalty or licensing issue.

But finding the necessary legal expertise in the field of psychedelics is a challenge because many law firms are still coming to grips with the law changes.

The attorneys at Cannabis Law Solutions have been watching developments in Colorado and elsewhere closely and possess the necessary legal knowledge and insight required to help Colorado psychedelics businesses grow — without the threat of disputes derailing plans.

Whether your specialist field is research, development, commercialization or a medical practice involving psychedelics, you can get reliable legal advice and support by calling 866-329-0729 for a consultation with a knowledgeable psychedelics attorney.