Cannabis Contract Clauses: Waiver of Illegality Defense | Practical Law

Cannabis Contract Clauses: Waiver of Illegality Defense | Practical Law

Standard Clause that parties in a cannabis-related transaction can include in the underlying agreement to acknowledge the federal illegality of cannabis and waive federal illegality as a valid defense to a breach of contract claim. This Standard Clause has integrated notes with important explanations and drafting tips.

Cannabis Contract Clauses: Waiver of Illegality Defense

Practical Law Standard Clauses w-023-0256 (Approx. 9 pages)

Cannabis Contract Clauses: Waiver of Illegality Defense

by Practical Law Commercial Transactions
MaintainedUSA (National/Federal)
Standard Clause that parties in a cannabis-related transaction can include in the underlying agreement to acknowledge the federal illegality of cannabis and waive federal illegality as a valid defense to a breach of contract claim. This Standard Clause has integrated notes with important explanations and drafting tips.