How to Choose the Right Cannabis Lawyer for You

The first key consideration in choosing the right cannabis lawyer is to make sure that they are a good lawyer with the right skill set for your business. For example, if you plan to raise capital or acquire other businesses, your lawyer needs to have expertise in securities law and mergers & acquisitions. Many “cannabis lawyers” are former criminal defense or general practitioner lawyers who do not have the solid foundation in corporate governance, finance and commercial contracts that your business will need. Further, your lawyer will need to have real experience in the cannabis industry. In understanding the critical nuances of what cannabis businesses need, there is no substitute for real-life, on-the-ground experience. Beyond these two essential requirements, you want a lawyer who, based on their subject matter expertise and industry experience, can develop solutions for your needs—in other words, a “deal-maker” rather than a “deal-breaker.”

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