Cannabis
Cannabis
The Cannabis practice group at The Banks Law Firm (“TBLF”) offers unparalleled expertise and comprehensive legal services tailored to the unique needs of the cannabis industry, including both marijuana (medical and adult-use) and hemp. Our team of seasoned attorneys, led by industry trailblazer Andrea Steel, is dedicated to helping clients navigate the complex and evolving legal landscape that businesses face in this rapidly growing sector. Known for her meticulous approach and strategic thinking, Andrea has successfully guided numerous clients through the intricacies of cannabis law and has taught fellow attorneys as well. The TBLF Cannabis Group provides strategic counsel and practical solutions to support the full range of cannabis enterprises, from new and small businesses to established companies with a global reach. Our clients reign from all areas of the cannabis sector, including those that “touch the plant” such as producers, processors, manufacturers, wholesalers, retailers, in addition to those with ancillary businesses such as lenders, testing laboratories, property owners/landlords, lobbyists, and other attorneys.
Committed to staying ahead of regulatory changes and market trends, our team excels in navigating regulatory challenges in banking, financial services, marketing, and distribution. TBLF provides strategic, client-centered solutions to foster growth, risk management, compliance, and innovation, while championing equitable access to cannabis and capital, community reinvestment, and reparative criminal justice reform. Whether launching or expanding your business, TBLF is dedicated to guiding you through every legal challenge and opportunity.
Our cannabis attorneys handle the following types of matters:
- Analyze legal issues related to medical marijuana, adult-use (recreational) marijuana, industrial hemp and consumable hemp
- Provide guidance on cannabinoids, including CBD, CBG, CBN, delta-8 THC, delta-9 THC, HHC, THCA, THCv, and other common and novel substances
- Representation in interactions with regulatory agencies and assistance with inspection findings
- Regulatory compliance guidance on state and federal regulations, including licensing requirements and ongoing compliance obligations
- Assistance with obtaining and renewing necessary licenses and permits for cultivation, manufacturing, distribution, and/or retail operations.
- Provide strategic advice on cannabis license application processes to enhance prospects of award
- Formation and structuring of business entities to optimize tax benefits and limit liability
- Development of governance policies and procedures to ensure operational efficiency and regulatory compliance.
- Drafting and negotiating contracts, including supplier agreements, leases, and non-disclosure agreements, etc.
- Due diligence and risk assessment for potential business transactions
- Advice on branding strategies and protection of intellectual property assets, including trademarks and copyrights
- Counsel on employment practices, including hiring, training, and compliance
- Representation in development of workplace policies
- Representation in civil litigation, arbitration, and mediation