Shevin Law Group is a full-service cannabis-business law and criminal law practice providing personalized service to individuals, cannabis entrepreneurs, and entities in the emerging cannabis industry in California. Founder Eric Shevin has spent his legal career (26 years) focused on advocating for cannabis regulations in addition to the legalization of hemp.
Q&A with Entrepreneur & Shevin Law Group
What do you think are the biggest misconceptions cannabis industry?
The single biggest misconception is that domestic-produced CBD is legal. It is not. Notwithstanding that, you can buy CBD on Amazon and at Walmart, CBD is a Schedule 1 controlled substance under the Federal Controlled Substance Act. Until CBD is rescheduled on the Federal level, all parties engaged in CBD commerce are operating in violation of Federal Law.
How is your business innovating?
Innovation is the backbone of any successful cannabis business law firm. In order to compete in the emerging cannabis industry, our clients must identify themselves in the market place through branding, social media influencing and unique go-to-market strategies. The contractual relationships involved in co-packing and white labeling need to be structured in a way to provide strategic advantages and protections from potential liability.
What was the biggest hurdle you had to overcome in your business?
Prior to legalization, the Shevin Law Group was primarily a criminal law firm where the hurdles involved defending the rights of the accused against the enforcement of unjust laws. Now, many of the same clients are transitioning to a regulated market which required the firm to expand into a business consulting and corporate practice. The majority of our work is now transactional which required a major shift in the make-up of the practice, whereby we've added some very smart and passionate attorneys dedicated to cannabis.
What is your favorite aspect of working in this industry?
By far the greatest aspect is working with the great people that make up the fabric of the industry and seeing people benefit from this great medicinal plant. While many cannabis entrepreneurs are driven by dreams of riches, the inherent risk of working in an industry that is still federally illegal "weeds" out folks who are not supportive of cannabis. The medical benefits we are seeing are at the infancy of what we will see now that research is more accessible globally. And the unique products that are being developed are really enjoyable to test.
What inspires you?
We are inspired by the attorneys in our firm and our clients who are so passionately driven by the cannabis plant. We're not superstitious but we never dared to dream of legalization. The upswing of the hemp movement is also inspiring as this generation of cannabis users is detached from the history of hemp, having been introduced to cannabis as medicine. The children of the future will not grow up with cannabis as a crime. That's inspiring.