Montana Marijuana Business Law 2022 - Section III: Business Financing & Product Packaging

Agenda / Content Covered

• Product Packaging, Testing, the FDA and the EPA
  11:15 — 12:15, Christopher Young
  • Overview of FDA and EPA Involvement
  • Labeling and Packaging Requirements
  • Food Safety Procedures
  • Product Testing and Product Disposal
  • Product Liability and Medical Concerns
• Financing Challenges for Marijuana-Related Businesses
  10:00 — 11:00, Jeffrey Heutmaker
  • The Latest FinCEN and DOJ Guidance
  • SAFE and STATES Act Developments
  • Lender Due Diligence Requirements
  • Debt and Equity Financing Solutions and Strategies
  • Preparing Entities for Financing
  • Montana Licensing Implications

Accreditation Details:

Jeffrey M Heutmaker has 31 years of experience working with entrepreneurs and early stage businesses in a variety of industries, including software development; biotechnology; medical and dental devices; manufacturing; power sports; agriculture; internet commerce and infrastructure; retail services; and energy, including projects in wind power, biodiesel and biomass processing. He assists early stage businesses with determining the appropriate entity structure, forming entities, and determining and documenting the relationships among founders. Mr. Heutmaker also assists companies in identifying and protecting their intellectual property assets, licensing those assets to others and joint development, and other strategic arrangements. He has substantial experience in financing and securities law compliance ranging from "friends and family" investment rounds, to angel investors, venture capital and public offerings. Mr. Heutmaker also represents both buyers and sellers in merger and acquisition transactions and has represented companies regarding international business and financing transactions in Canada, Mexico, Argentina, Europe, China, Japan, Taiwan and Russia. Prior to joining Gravis Law, PLLC, he was the founder of Heutmaker Law, PC, where he practiced for 16 years. Before that, Mr. Heutmaker practiced law in Seattle, Washington, where his practice focused on corporate finance and securities law, mergers and acquisitions, and licensing matters, beginning his career with the second largest full-service firm in Seattle and, prior to his move to Montana in 1999, with a boutique corporate finance firm. He graduated from Notre Dame Law School where he was a staff member and an editor of the Law Review and attended his second year of law school in London, England as part of the Concannon Programme of International Law. Mr. Heutmaker received his undergraduate degree with a double major in economics and English Literature from the University of Puget Sound.

Christopher C. Young is a Senior Attorney with Gravis Law PLLC. He practiced in the Philadelphia area for thirteen years, representing Fortune 100 clients in the insurance and financial services industries. Mr. Young returned to Montana in 2014, having had enough of big cities and their corresponding stressors. He identified the medical marijuana industry as an area with a substantial unmet need for legal services and began a regulatory compliance practice, among other areas of the law. Mr. Young established the Young Law Office in 2016, where his cannabis regulatory practice expanded every year. He joined Gravis Law in November 2021 in part to expand the services he could provide to his cannabis clients. Mr. Young now represents several dozen Montana marijuana businesses and provides them legal services, including business agreements and cannabis-related mergers and acquisitions. He is admitted to practice in Montana and Pennsylvania and before the U.S. District Court for the Eastern District of Pennsylvania, U.S. District Court District for the District of New Jersey, U.S. District Court for the Middle District of Pennsylvania, the U.S. District Court for the District of Montana, and the U.S. Court of Appeals for the 9th Circuit. Mr. Young earned his B.A. degree from Carleton College and his J.D. degree, magna cum laude, from William Mitchell College of Law.