Our Best Lawyers

Lawyer of the Year" Honourees in Worldwide

W. James McAnelly

  • Practice Areas

    Corporate Law, Leveraged Buyouts & Private Equity Law

    Litigation & Controversy - Tax

  • Contact Number

    +00 1234567890

Theresa Webb

  • Practice Areas

    Corporate Law, Leveraged Buyouts & Private Equity Law

    Litigation & Controversy - Tax

  • Contact Number

    +00 1234567890

Cameron Williamson

  • Practice Areas

    Corporate Law, Leveraged Buyouts & Private Equity Law

    Litigation & Controversy - Tax

  • Contact Number

    +00 1234567890

Eleanor Pena

  • Practice Areas

    Corporate Law, Leveraged Buyouts & Private Equity Law

    Litigation & Controversy - Tax

  • Contact Number

    +00 1234567890

Devon Lane

  • Practice Areas

    Corporate Law, Leveraged Buyouts & Private Equity Law

    Litigation & Controversy - Tax

  • Contact Number

    +00 1234567890

Devon Lane

  • Practice Areas

    Corporate Law, Leveraged Buyouts & Private Equity Law

    Litigation & Controversy - Tax

  • Contact Number

    +00 1234567890

Lawyers List

Cannabis Law is a rapidly evolving practice area where over 40 states have legalized medical or adult-use cannabis, marijuana is still a controlled substance under federal law. Lawyers working in this area play the role of strategic business partners, guiding cultivators, dispensaries, and ancillary businesses through fulfilling strict regulations while minimizing the risks of federal enforcement, punitive taxation, and banking restrictions.

Critical Practice Areas For The Green Economy

 

Cannabis lawyers are an essential part of overall journey, from seeding to seeling:

 

  • Licensing and Regulatory Compliance: Managing the competitive application process for state and municipal operating licenses and ensuring ongoing compliance with tracking systems like Metrc or BioTrackTHC.
  • Corporate Structure and Financing: Structuring entities to protect assets from forfeiture risks and navigating the complex landscape of raising capital without traditional federal bankruptcy protections.
  • 280E Tax Mitigation: devising legal tax strategies to minimize the impact of IRC Section 280E, which currently forbids cannabis businesses from deducting standard business expenses.3
  • Hemp and CBD Law: Advising on the production and sale of hemp-derived products (like CBD and Delta-8) to ensure compliance with the 2018 Farm Bill and FDA labeling requirements.
  • Intellectual Property Protection: Securing state-level trademarks for cannabis brands and federal trademarks for ancillary goods (apparel, smoking accessories) or hemp products, as federal trademark protection is generally unavailable for marijuana.

 

Foundational Statutes And Governing Policy

 

The legal framework of cannabis attorneys is the integration of federal restrictions and state-level permissions:

 

  • The Controlled Substances Act (CSA) (1970): The federal statute classifying marijuana as a Schedule I drug, creating the primary conflict with state laws. (Note: As of late 2025, executive actions are moving to reclassify this to Schedule III).
  • Agricultural Improvement Act of 2018 (The Farm Bill): Federally legalized "hemp" (cannabis with <0.3% Delta-9 THC), creating a massive legal market for CBD and creating legal gray areas for intoxicating hemp derivatives.
  • Internal Revenue Code § 280E: A punitive tax code provision that prevents businesses "trafficking in controlled substances" (Schedule I or II) from deducting rent, payroll, and marketing expenses, effectively taxing them on gross profit.
  • Rohrabacher-Farr Amendment: A federal budget rider renewed annually that prohibits the Department of Justice (DOJ) from using federal funds to interfere with the implementation of state medical cannabis laws.
  • Cole Memorandum (Historical Context): While rescinded, its principles often still guide federal enforcement priorities, focusing only on preventing distribution to minors, interstate trafficking, and cartel involvement.

When Your Business Requires Legal Action

 

The cannabis industry has very tight regulations and unforgiving compliance errors. Engage expert legal council immediately in these scenarios:

 

  • Rescheduling Preparation: With the 2025 push to move cannabis to Schedule III, you need a lawyer to restructure your business to take advantage of new tax deductions and banking opportunities.
  • License Denial or Revocation: Your application for a dispensary or cultivation license is rejected, or you receive a Notice of Violation (NOV) that threatens your existing license.
  • Banking Shutdown: Your business bank account is suddenly closed due to "reputational risk," requiring legal assistance to find cannabis-friendly financial institutions.
  • Hemp Product Seizure: Law enforcement seizes your shipment of legal hemp/CBD products during transport, mistaking it for marijuana.
  • M&A Activity: You are looking to sell your license or acquire another operator, which requires complex due diligence regarding transfer of ownership restrictions.

Finding The Top Cannabis U.S. Lawyers On Legably

 

Cannabis law requires the combination of criminal defense, administrative, and corporate law expertise; finding a single attorney with these attributes is challenging. To make your task easier, our platform “Legably” will help you. It is a U.S.-based legal directory platform that helps you find expert legal counsel for your specific case. You can use key terms "Cannabis Regulatory Law," "Administrative Law," or "Controlled Substances Act Compliance," and filter results by location to find legal help available near you.

Crucial Questions For Your Attorney

 

Asking these questions during your first meeting clarify your position and align your attorney and you on the same note:

 

  • How are you advising clients to prepare for the potential rescheduling of marijuana to Schedule III regarding tax strategy and 280E?
  • What is your experience with municipal zoning variances for cannabis businesses in my specific target city?
  • How do we structure our intellectual property to protect our brand federally while we wait for full legalization?
  • Can you explain the specific labeling and testing requirements for hemp-derived products in this state to avoid an embargo?

Frequently Asks Questions

  • Section 280E of the tax code prevents businesses trafficking in Schedule I or II substances from deducting "ordinary and necessary" business expenses (like rent and salaries). This means cannabis companies pay taxes on their gross profit rather than net income, often resulting in an effective tax rate of 70% or more. Rescheduling to Schedule III would eliminate this burden.

  • Generally, yes, if it is derived from hemp (containing less than 0.3% THC) under the 2018 Farm Bill.15 However, some states have stricter regulations or bans on specific types of hemp products (like smokable hemp or Delta-8 edibles), so local counsel is essential.

  • You generally cannot get a federal trademark from the USPTO for a product that is illegal under federal law (like marijuana). However, lawyers use a "zone of expansion" strategy by trademarking legal ancillary goods (like t-shirts or lighters) or legal hemp products to build partial federal protection while securing state-level trademarks where available.

  • The cost varies wildly by state and license type. Application fees can range from $2,500 to $50,000, but the legal and consulting fees to prepare a competitive application often range from $50,000 to over $150,000, not including the required capital for real estate and build-out.

Can you provide case studies or examples of similar projects you have completed? What is your approach to project management and communication? How do you handle challenges or unexpected issues during the development process? Can you integrate third-party tools and services as required?

Can you provide case studies or examples of similar projects you have completed? What is your approach to project management and communication? How do you handle challenges or unexpected issues during the development process? Can you integrate third-party tools and services as required?

Can you provide case studies or examples of similar projects you have completed? What is your approach to project management and communication? How do you handle challenges or unexpected issues during the development process? Can you integrate third-party tools and services as required?

Can you provide case studies or examples of similar projects you have completed? What is your approach to project management and communication? How do you handle challenges or unexpected issues during the development process? Can you integrate third-party tools and services as required?

Can you provide case studies or examples of similar projects you have completed? What is your approach to project management and communication? How do you handle challenges or unexpected issues during the development process? Can you integrate third-party tools and services as required?

Can you provide case studies or examples of similar projects you have completed? What is your approach to project management and communication? How do you handle challenges or unexpected issues during the development process? Can you integrate third-party tools and services as required?

Can you provide case studies or examples of similar projects you have completed? What is your approach to project management and communication? How do you handle challenges or unexpected issues during the development process? Can you integrate third-party tools and services as required?

Can you provide case studies or examples of similar projects you have completed? What is your approach to project management and communication? How do you handle challenges or unexpected issues during the development process? Can you integrate third-party tools and services as required?