Cannabis
Helping clients navigate the legal and regulatory landscape of a rapidly growing industry.
With more and more states enacting laws to legalize and expand medical and recreational use of cannabis, business owners, investors, employers, non-profit organizations and others are working to navigate a complex and ever-evolving web of regulation as they look to leverage opportunities in this emerging industry.
With the use of cannabis still prohibited by federal law, businesses and organizations looking to succeed in the cannabis industry face many unknowns and specific challenges as they work to establish legal, compliant companies in an industry where the intersection of business and legal concerns have not yet been put to the test.
Businesses in the cannabis industry that succeed in strategically navigating the business, legal, compliance, government, and regulatory issues will have an advantage over others in the trade. Porzio's Cannabis Task Force offers clients access to a cross-functional team that is unparalleled in the State of New Jersey. In addition to our legal and compliance team members who have spent the past decades building compliance databases and consulting with clients in some of the highest regulated industries, Porzio's Cannabis Task Force includes members from Porzio Governmental Affairs, a wholly-owned subsidiary of the law firm.
Porzio team members have years of relevant experience to best serve this industry. Through Porzio Governmental Affairs, members of our team have been at the forefront of the issue since legislation on medical marijuana began in New Jersey and we have experience advising clients and stakeholders in matters related to cannabis legalization.
For anyone who is looking to establish or invest in a cannabis-related business, or have their interests in this area effectively advocated for during the legislative and regulatory process, we offer a full spectrum of cross-functional services. These services include company formation, real estate, land use and environmental, zoning, employment, litigation, tax, insurance, intellectual property, and governmental affairs.
Despite any state laws to the contrary, possession, use, distribution, and/or sale of marijuana is illegal under federal law and may be enforced by the federal authorities. Accordingly, possession, use, distribution and/or sale of marijuana remains subject to related federal law and policy and compliance with a state law in this area does not prevent or preclude enforcement of its laws by the federal government. Legal advice provided by Porzio, Bromberg & Newman, P.C., is intended to counsel clients regarding the validity, scope, meaning, and application of existing and/or proposed cannabis laws regulations and policies. Porzio, Bromberg & Newman, P.C. does not provide assistance in circumventing or violating Federal or state cannabis laws.
