Cannabis businesses can be profitable ventures, but marijuana is a heavily regulated industry. Each state has its own laws for operating a cannabis business and many local jurisdictions have their own strict restrictions and regulations. Furthermore, cannabis law is still developing, and it can be difficult for a new business owner to navigate the cannabis laws as they continue to change.
Cannabis business law is an emerging legal practice area. Cannabis business law can involve:
Branding and marketing
Zoning and land use
Without proper guidance in running a cannabis business, a business owner could face legal liability, fines, or have their business assets seized by the state. With so much money invested in a cannabis business, it is important to find a cannabis lawyer in the Truth Or Consequences, New Mexico area who can help protect your investment.
Having the right marijuana business law firm from the start makes a difference. Lawyers and law offices listed in FindLaw directories, understand the compliance and regulation issues your business will face and the nuanced rules surrounding state cannabis laws.
Your marijuana lawyer can help you create a product, start a dispensary, adjust business plans in progress, or take your established business and team to the next level. Use the FindLaw directory to find a cannabis law attorney experienced in marijuana laws to provide up-to-date legal advice.
Cannabis is still considered an illegal narcotic under federal law. The possession of marijuana, marijuana use, cultivation, and transportation of cannabis across state lines are federal offenses. As long as marijuana is considered illegal under federal law, businesses are highly restricted in any interstate commerce. This includes more than just physically crossing state lines. Federal regulations may impact how an in-state operation can conduct:
Credit card processing
Use of financial institutions
Failing to comply with complex state and federal marijuana laws can expose a business owner to the risk of criminal charges.
If you are looking to start a cannabis business in Truth Or Consequences, New Mexico, a cannabis lawyer can be essential to making sure you comply with the complex marijuana laws. Cannabis laws continue to evolve and finding a cannabis lawyer with experience navigating state and local regulations can help you avoid any unnecessary pitfalls or legal setbacks.
The cannabis industry has to deal with multiple state and local laws involving land use, taxation, and licensing. A cannabis attorney understands how to anticipate foreseeable issues and can address them before they become a problem. Use FindLaw to find a cannabis attorney who will help you get your new business off the ground.
Here are a few to get you started:
How long have you been in practice?
How many cases like mine have you handled?
How often do you settle cases out of court?
What are your fees and costs?
What are the next steps?
It is always a good idea to research your lawyer prior to hiring. Every state has a disciplinary organization that monitors attorneys, their licenses, and consumer complaints. By researching lawyer discipline you can:
Ensure the attorney is currently licensed to practice in your state
Gain an understanding of his or her historical disciplinary record, if any.
Determine the seriousness of complaints/issues which could range from late bar fees to more serious issues requiring disciplinary action.