State-legal cannabis companies are facing so many challenges other businesses don’t have to handle.
NEW YORK (PRWEB) December 09, 2019
Legal news organization Law360, a LexisNexis® company, today announced the launch of a new podcast series, Law360 Explores: Legalization. Hosted by senior cannabis reporter Diana Novak Jones, the podcast looks at the murky legal scenarios cannabis businesses must face, as told by the business owners and attorneys on the front lines.
While the marijuana industry has been operating in the shadows for decades, it’s now legal in more than 40 states. As one of the newest and most dynamic industries, retail sales are projected to reach $45 billion over the next five years.
But cannabis remains federally prohibited, putting businesses under unique legal pressure.
“Industry growth shows no signs of stopping as more and more states choose to legalize. But marijuana remains federally illegal, which has created deep tensions for the industry,” says Amber McKinney, Law360 Managing Editor. “State-legal cannabis companies are facing so many challenges other businesses don’t have to handle. Taxation can put you out of business. Banking is a struggle. Intellectual property protection at the federal level is dicey. State regulations are constantly changing, and the legal ethics for attorneys helping federally illegal companies are hazy at best.”
The podcast is developed by the award-winning producers of Law360's Pro Say podcast, a weekly legal news show that has over two million downloads. It looks at each of these major issues, including:
- Episode 1: The Boogeyman In The Tax Code
- Episode 2: Dangerous Cash
- Episode 3: The Red Tape Problem
- Episode 4: Don’t Steal My Brand
- Episode 5: Big Risks For Attorneys
To learn more about the podcast and download episodes, visit
https://www.law360.com/explores. Or search for "Law360" wherever you listen to podcasts.
To book Diana Novak Jones or one of our other Law360 reporters as a guest to talk about cannabis legal issues, email firstname.lastname@example.org.
Law360, a LexisNexis company, is a one-stop source for legal news and in-depth analysis, with up-to-the-minute coverage of litigation, regulation and enforcement, legislation, executive orders, administrative hearings, corporate deal-making, and more across dozens of practice areas, industries, and jurisdictions. With a unique blend of cutting-edge technology and journalistic expertise, Law360 delivers the intelligence legal and business professionals need to remain experts and get ahead of the curve. Visit http://www.law360.com to find out what more than 1 million readers at top law firms, Fortune 1000 companies, and key government agencies already know.
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