Providing Clarity To Clients In An Opportunity-Filled
Yet Highly Regulated Space
A historically banned substance, marijuana or cannabis, is now becoming legal for recreational use at a dizzying pace across the United States. As a result, the business landscape for cannabis, marijuana, and related offerings, such as CBD and hemp, is filled with immense opportunity but, simultaneously, is subjected to intense and numerous regulatory regimes and risks at the local, state, and federal levels. These laws can be complex and sometimes even contradictory, leading to significant challenges for marijuana business operators trying to comply with the law. From New York’s Marijuana Regulation and Taxation Act (“MRTA”) to federal laws, at RICHT, we help clients navigate the often murky and opaque legal considerations. Our priority is ensuring clients in the cannabis and marijuana spaces can maximize their business success while avoiding legal and regulatory risks.
Note:
Possession, use, distribution, and sale of cannabis are illegal under federal law, even though some states have legalized the same. Therefore, the legal counseling we provide is only intended to help clients comply with the relevant laws, including the state level, but not to provide guidance or assistance in violating federal law.
99 Licenses—and New Problems—for NY Cannabis Lawyers
On the heels of the New York Cannabis Control Board’s recent approval of 99 new Conditional Adult-Use Retail Dispensary licenses, cannabis attorneys on Wednesday highlighted the ongoing challenges of finding real estate in compliance with state regulations and local ordinances, among other challenges.
New York Has Legalized Marijuana. Here’s What to Know.
The law allows New Yorkers to possess up to 3 ounces of cannabis for recreational use. People with certain marijuana-related convictions will have their records expunged immediately.
