David H. Savidge Law Blog

Federal law continues to prohibit marijuana possession and
use – period, end of subject.  This
is true despite Attorney General Holder’s confusing and essentially useless
memorandum allegedly lowering the priority of investigating and enforcing
marijuana offenses in the fifteen states that currently have legalized medical
marijuana.  This has several
... Read More

While you are not legally required to have an operating
agreement in Colorado, it is generally recommended, particularly when there is more than
one owner.

A limited liability company (LLC) is formed by filing
Articles of Organization with the Colorado (or other state’s) Secretary of
State. Once formed, all rights of the LLC and its owners, referred to as
“members,” will be... Read More