Going green: The guide to doing business with the cannabis industry, part 1

By last count, the number of states permitting some form of medical or recreational marijuana—or both—was 23, plus the District of Columbia. As the marijuana industry continues to expand, so too do the number of more traditional businesses and industries that are doing business with the marijuana industry. Like any industry, the marijuana industry relies, at least in part, on other industries to operate. Many businesses have been formed specifically to service the marijuana industry, while other existing businesses devote only a portion of their efforts to servicing the marijuana industry. Either way, any

1.         Remember that the Manufacture, Possession, and Distribution of Marijuana are still Illegal under Federal Law

While it may be true that certain marijuana activities are “legal” under a particular state’s law, federal law still prohibits the manufacture, distribution, and possession of marijuana. (21 U.S.C. § 841)  In fact, the federal Controlled Substances...

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http://www.insidecounsel.com/2015/08/04/going-green-the-guide-to-doing-business-with-the-m