Navigating Thorny Issues in Compliance and Enforcement Regulations for Cannabis Attorneys
Welcome to our comprehensive course on the cannabis industry, where you'll explore the legal, economic, and technological aspects of this rapidly growing and complex field. First, you'll gain an understanding of the challenges and opportunities presented by the legalization of cannabis, with a focus on compliance and enforcement regulations specific to your jurisdiction, federal regulations, and the enforcement priorities of specific states.
You'll also learn about the economic potential of the cannabis industry in the U.S., the transition from the illicit market to a regulated market, and the challenges faced by research in the cannabis industry.
Next, you'll delve into the legal considerations for cannabis business owners, including fiduciary duty, due diligence, conflicts of interest, and the importance of tailored legal documents. You'll also learn about data security and technological competence in the cannabis industry, such as protecting personal information, ensuring compliance, hiring the right people, and identifying and addressing potential data security issues upfront to avoid severe and irreversible consequences.
Finally, you'll explore the future outlook for marijuana legalization in the U.S., with an analysis of state frameworks, social equity, regulation, and federal legalization. You'll learn about the passage of the Safe Banking Act and how it may suggest that federal legalization is still a while off, as well as the potential implications of federal legalization on markets that have already developed in various states.
By the end of this course, you'll have gained a unique perspective to navigate the complexities of the cannabis industry, an understanding of the opportunities available to you, and the knowledge and tools to comply with regulations and succeed in this ever-evolving industry.
Some of the topics discussed include:
Special Counsel, Cannabis Service Team Co-Leader | Barclay Damon LLP
Jason is the co-leader of the firm’s Cannabis Team. He primarily concentrates his practice on the nuanced processes of structuring, licensing, and maintaining compliant cannabis businesses at the federal, state, and local levels. He has extensive experience advising clients, including cannabis companies, startups, small to midsize technology companies, and medical professionals, on various complex federal and state tax compliance issues affecting cannabis-touching businesses as well as entity selection, funding, intellectual property, employment matters, and securities transactions. As the chair of the Tax Committee of the New York State Bar Association's Cannabis Law Section and a member of the section's Executive Committee, Jason is at the epicenter of cannabis law and policy developments in New York State. This places him in a unique position to help New York State set the highest possible legal and business standards for legalized cannabis products. Jason also serves as the New York State Bar Association Committee on Cannabis Law Tax Section liaison. Bar Associations Monroe County Bar Association American Bar Association New York State Bar Association Cannabis Law Section, Tax Committee, Chair; Executive Committee, Member Selected Memberships & Affiliations Cannabis Association of New York, Policy Committee, Chair Admitted to Practice New York US District Court for the Eastern District of New York US District Court for the Southern District of New York US Tax Court
