Dabbing Into The Financial Side Of Marijuana

January 17, 2017

Law360, New York (January 13, 2017, 4:08 PM EST) -- Marijuana is illegal under federal criminal law.[1] Notwithstanding the federal ban, 23 states and the District of Columbia have legalized the use of medical marijuana.[2] Additionally, every issuer that intends to raise capital from investors for a marijuana-related business must provide a list of risk factors relating to the industry and current legal atmosphere, including informing investors that the issuer may be unable to repay the investors based on the current laws.[3]

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