Legalized cannabis is a rapidly expanding industry in the United States, and Fox Rothschild has assembled a national team of skilled and experienced attorneys to assist cannabis businesses at every step.

The majority of U.S. states now regulate the sale and use of cannabis for medical and/or recreation purposes.

Businesses in this exciting, emerging industry face unique issues – especially as the federal regulatory landscape continues to evolve following the rescheduling of state-licensed medical marijuana from Schedule I to Schedule III of the Controlled Substances Act. This requires smart, strategic and experienced legal advisers.

Ranked by Chambers USA as a Band 1 law firm for Cannabis Law nationwide, clients rave about our Cannabis Law Practice Group. They say they "really trust" us, noting that the group is "impressive, with a deep bench of legal professionals experienced in the industry." "Its attorneys are doing some really sophisticated work across the board for the cannabis sector," another said, according to Chambers USA.

We have experience working for highly regulated businesses, serving as both in-house and outside counsel while also performing vital corporate and financing work, including banking, entity formation and venture capital. We also are familiar with navigating the constantly evolving matrix of state compliance regulations, having helped draft some of the legalization legislation and challenged regulations in court when needed. Our team also advises clients on compliance with the federal rescheduling order, including DEA registration requirements for Schedule III substances and the operational changes necessary to align with the new regulatory framework.

Cannabis growers, distributors, processors, investors and others also turn to Fox for practical and efficient advice on tax issues – including guidance on the removal of Section 280E restrictions for qualifying medical marijuana businesses – as well as real estate, intellectual property and employment law.

*Please be mindful that possessing, using, distributing and/or selling recreational marijuana remains a federal crime, and the rescheduling order applies only to medical marijuana and medical marijuana businesses subject to a qualifying state medical marijuana license. No legal advice we give is intended to provide any guidance or assistance in violating federal law. Please also note that we are not advising you regarding the federal, state or local tax consequences of engaging in any business in this industry.