The cannabis industry, encompassing both the marijuana and hemp sectors, is one of the fastest-growing industries of the United States economy. The cannabis industry has also been a topic of controversy and varying degrees of acceptance, creating an ecosystem of debates, discussions and opportunity. Because of inconsistent state laws, coupled with federal preemption, cannabis businesses are faced with complex laws, policies and regulations.
Unlike the days of the past, the cannabis industry has now attracted financial interests from individual investors, physicians, private equity groups, entrepreneurs, and established businesses from other industries, all seeking answers and potential opportunities in this burgeoning field. It can be challenging to navigate through a new and cutting edge industry, while being presented with complex legal issues, including, capital raising, corporate formation, governmental regulations, real estate, healthcare, banking, commercial litigation, employment and many others.
To address these legal challenges, Weaver Johnston Nelson has an interdisciplinary team of lawyers and professionals to guide clients through the maze of cultivation, financing, management issues, manufacturing, transporting, processing, brokering, distributing, reverse distributing, marketing, and retail selling of marijuana and hemp regulated products under applicable state and federal laws. In addition, we also represent a broad spectrum of business vendors that provide products and services to the cannabis industry, such as labs, bio-mass wholesalers, on-line platforms, physicians associated with state medical marijuana programs, ancillary healthcare providers associated with state medical marijuana programs, advertising, social media, consumption products security companies, real estate developers, private equity and venture capital funds when determining the regulatory and business considerations related to the cannabis space.
Areas of Focus
Professionals We Serve:
- Bio-Mass Brokers
- Cannabinoid Based Food and Beverage Companies
- Cannabis Consulting Firms
- Cannabis Trade Associations
- Clinical Laboratories
- Cosmetic & Wellness Companies
- Financial Institutions
- Health Care Providers associated with Medical Marijuana
- Law Firms
- Management Companies
- Marketing Companies
- Multi-State Operators (MSO)
- Physicians Registered with State Medical Marijuana Programs
- Private Equity Groups
- Private Wealth Management Advisory Firms (e.g. family office)
- Publicly Traded Marijuana Companies
- Served as outside general counsel for the Texas Cannabis Industry Association
- Software Developers