Monthly Archives: June 2022

Cannabis Franchises Continue U.S. Expansion Despite Lingering Federal Uncertainty

Jun 30, 2022 - Blog by |

While political division in Congress continues to serve as a roadblock to the passage of federal legislation legalizing cannabis in the United States, cannabis franchises are continuing to push forward with expansion. Currently, the Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) is pending before the Senate, but similar bills have failed in the past. The growth of the legal cannabis industry in the United States through franchising could help spur legislative action, but at this point, significant uncertainty remains—this is true even in New York where recreational use has been legalized at the state level. Here are some more insights from New York City franchise lawyer Jeffrey M. Goldstein.

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“Hot” Franchise Concepts Headline 2022 IFE

Jun 21, 2022 - Blog by |

The 2022 International Franchise Expo (IFE) recently took place in New York City. In an article recapping the event, the Franchise Times notes that several “hot” concepts debuted at the show. While “hot” concepts make for good headlines, are they sound investments for prospective franchisees? National franchisee lawyer Jeffrey M. Goldstein shares his thoughts.

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Is It Safe to Buy a Franchise if the Franchisor is in Litigation?

Jun 16, 2022 - Blog by |

In a recent article on the Franchise Direct blog entitled, “Litigation and Complaints Shouldn’t Always Stop You from Buying a Franchise,” the author makes the case for digging deeper if you have concerns about a franchisor’s public reputation or private litigation. While this is sound advice, it is important not to discount the risks of getting into a business relationship with a franchisor that is dealing with lawsuits, as national franchise attorney Jeffrey M. Goldstein explains below.

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7 Signs You Should Walk Away from a Franchise Opportunity

Jun 14, 2022 - Blog by |

Choosing a franchise is a long and time-intensive process. Once you invest your time and resources in evaluating a particular brand, it can be difficult to walk away. But, sometimes you should walk away, as the time and resources you have invested to date are nothing compared to what you stand to lose in the future. Here are seven signs you should walk away from a franchise opportunity from national franchise lawyer Jeffrey M. Goldstein.

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