How LVConnect helped Cannoil to understand local regulatory requirements in order to expand its medicinal cannabis business into Australia.

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Cannoil specialises in importing and distributing medicinal cannabis. The company bulk imports prescription-grade medicinal cannabis into Germany and distributes an off-the-shelf medicinal cannabis wellness product in the UK. Cannoil wanted to expand this business into Australia. While prescription-grade medicinal cannabis is now permitted under Australian law, wellness products are not yet accepted.

Cannoil needed legal assistance to understand and adhere to local regulatory requirements. The company also needed business structuring, accounting and marketing support. They found the traditional legal firms to be inflexible, limiting their advice to the questions Cannoil asked. They did not take the initiative to identify other areas that may be of interest or use for their business.

“LVConnect has helped us accelerate our business program, providing access to advice in a very efficient and cost-effective manner. LegalVision’s lawyers demystify legal matters, giving informative and meaningful advice. Having access to LegalVision’s business partners at no extra cost has also been very valuable and enjoyable.”
Joao-Miguel Tavares, Co-founder, Cannoil

Efficient and Cost-Effective Legal Advice

Challenge

Inflexible traditional law firms not meeting needs

Cannoil wanted to expand its medicinal cannabis import and distribution business into Australia. The company needed advice on regulatory requirements and crowdfunding, along with accounting and marketing support. Cannoil found traditional law firms inflexible, expensive and unwilling to go the extra mile. This included not suggesting other areas that might impact Cannoil’s operations, such as business structuring.

Solution

LVConnect value impresses Cannoil

Cannoil was impressed with how LegalVision’s specialist lawyers demystified complex legal matters. They particularly appreciated that after each call, they received additional information and documentation at no additional cost, as well as access to useful business templates. Also, Cannoil was introduced to LegalVision’s business partners, resulting in several productive meetings with accounting, marketing and business structuring experts at no charge. 

Result

Business able to move its expansion plans forward

Cannoil is not only receiving the legal advice it needs, but also is gaining significant value-add at no additional cost. The unlimited 30-minute consultations means Cannoil can speak to a lawyer without being over-charged. LVConnect has improved Cannoil’s business results and has helped the company accelerate its program, moving at a pace that suits their needs. 

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