Cannabis Legalization Update
In 2021, additional states have legalized recreational marijuana, meaning that about 44 percent of the United States population now lives in states with legal cannabis. Only ten years ago, no states permitted the sale of cannabis for recreational use, as Colorado and Washington started the trend in 2012. Now, the following states allow or are in the process of allowing recreational marijuana:
- District of Columbia
- New Jersey
- New Mexico
- New York
South Dakota also passed a measure that was deemed unconstitutional earlier this year.
About two-thirds of the public in the U.S. supports legalization on a nationwide basis, and it seems to be “when” the country will see such legalization at the federal level, not “if” we will see it. With each new legalization, the cannabis industry continues to boom, especially in more populous states.
Legal adult-use cannabis presents the opportunity for many entrepreneurs to start cannabis businesses, which can be highly lucrative when done correctly. If you are considering starting a company or you already have an operation going, ensuring full compliance with all regulations is key. You also want to make sure that you protect your intellectual property, have airtight contracts, and carefully consider each business move you make from a legal standpoint. When disputes arise, you need to resolve them as efficiently as possible.
Contact a California Cannabis Attorney for Assistance
At Kaver Law Office, we are here to provide legal support to a wide range of businesses in the cannabis industry. It is imperative that you have legal guidance from a California cannabis lawyer when it comes to all of your legal concerns and questions. Contact us online or call 424.374.2753 to discuss your business and to learn the different ways that our legal team can help you and your business.