Although the use of cannabis for medical and/or recreational use is legal in several states, it remains illegal under federal law. Accordingly, businesses and employers that are operating in those states, may still be denied access to the banking system because banks are federally regulated and subject to federal prosecution.
The expansion of New Jersey’s medical marijuana program and the current momentum towards the legalization of adult-use recreational marijuana create both opportunities and challenges for New Jersey, its business community, municipal entities and residents. Our Cannabis Law Practice is comprised of qualified attorneys committed to remaining at the forefront of legal considerations relevant to the cannabis industry: counseling and educating our clients on licensing, the formation of business entities, contracts drafting and negotiation, leasing concerns, dispute resolution and any other legal work required in the context of this complex and rapidly evolving field.
As a full-service, regional firm with over forty years of experience, Hoagland Longo has a well-earned reputation for success within the various courts and among the many levels of government, private businesses and the communities we serve as well as a robust presence navigating Federal, State and government law issues and policy considerations. Additionally, our Cannabis Law Practice is composed of attorneys with vast and varied experience counseling businesses in other highly-regulated areas including employment, corporate, healthcare, environmental and real estate. Our knowledgeable and insightful attorneys assist our cannabis clients on a vast spectrum of legal issues including:
- State License Application Review
- Regulatory Compliance
- Business Formation and Operating Agreements
- Contract Drafting, Negotiation and Litigation
- Employment Matters
- Healthcare Law
- Land Use Considerations and Zoning and Planning Board Approvals
- Preparing and Negotiating Leases
- Environmental Matters
- Insurance Coverage and Risk Management
- Federal, State Municipal Government and Policy Issues
- Privacy and Data Security
- White Collar Legal Issues and Criminal Law Defense
Disclaimer: The possession, sale, manufacture, use or distribution of marijuana is illegal under federal law, which could result in severe financial and criminal penalties. The legalization of marijuana under any state or local law does not override the federal law. No legal advice we give is intended to provide any guidance or assistance in violating federal law. Any legal work the firm may provide related to contracts, financing, leasing, the formation of business entities, dispute resolution or any other legal work that a business may require shall not be construed as advising or encouraging a client to engage in a business or activity that violates any federal or state law.