May 2019 Meeting at Duke's
Topic: CBD and Cosmetics: Separating Fact from Fiction
This talk will review the regulatory landscape since last year’s landmark passage of the Agriculture Improvement Act of 2018 (aka, the “2018 Farm Bill”), which legalizes the growing and transportation of industrial hemp. There are many misperceptions about what the Farm Bill does and doesn’t do; what is now legal and what remains illegal. To help clarify the confusion, and separate fact from fiction, the talk will address the following questions, among others:
- ·What does the 2018 Farm Bill actually do?
- ·What is the new regulatory framework created by the Farm Bill?
- ·What is CBD and how does it differ from hemp?
- ·Is it legal totransportcosmetic products containing CBD across state lines?
- ·Is it legal to sellcosmetic products containing CBD in the U.S.? In all states?
- ·What claimscan you make about CBD cosmetics products?
- ·What testsshould companies perform before marketing CBD cosmetic products?
- ·What the status of the myriad ofinsuranceand bankingissues raised by sale of hemp and CBD products?
- ·What does thefuture(likely) hold?
Topic: The Business Side of CBD - Contracts, Liabilities and More
The development and sale of CBD cosmetic products is exciting, but also fraught with risk, issues and uncertainty, most of which have not been alleviated by the Agriculture Improvement Act of 2018. This talk will navigate through the main contractual issues and risks faced at each stage in the lifecycle of a CBD cosmetic product (from cultivating, to manufacturing, to testing and ultimately selling). The speaker will help demystify important legal concepts sometimes overlooked and offer solutions to help mitigate risk, limit liability and increase protection. This discussion will cover many important topics, including:
- How to implement consistent contract policies and procedures in your organization.
- How to identify and address sourcing issues with suppliers.
- The importance of testing CBD cosmetic product before and after development.
- How to mitigate risks related to CBD cosmetic products.
- How to maximize your indemnification protections.
- The key contractual tools you can use to limit liability.
Paul Malie is an experienced corporate attorney and trusted advisor to companies.
Paul serves as outside general counsel to many middle-market companies. He has significant experience structuring and negotiating commercial transactions involving both domestic and international elements. He has a robust transactional practice representing companies, private equity firms, and lenders in acquisitions, divestitures, lending, and finance transactions. Paul is also experienced in structuring and negotiating complex joint ventures.
With a passion for providing value, Paul draws on his finance and business background to create practical and effective solutions tailored to clients’ needs.
Paul works with clients in a variety of industries, including manufacturing, cosmetics, banking, healthcare, information technologies, professional services, distribution and logistics.
|Event Date||May 28, 2019 5:00 pm|
|Event End Date||May 28, 2019 8:30 pm|