Insuring and Investing in the Cannabis Industry

Although the number of states where recreational and/or medical cannabis are on the rise, there are many legal uncertainties when it comes to investing in and insuring businesses engaged in cannabis manufacturing and distribution. One of the key issues stems from the fact that cannabis is still illegal on the federal level and insurance and investment companies are federally regulated. This conflict does not mean, however, that these industries cannot work together, but attorneys representing parties engaged in these relationships must be wary of the many issues that can affect their clients. In this program, Nevada cannabis attorney, Martina Jaccarino, unravels these issues and provides a roadmap for attorneys trying to navigate the cannabis industry. Among the topics discussed are criminal law and the limitations on the DEA, banking and IRS issues, and FDA oversight of cannabis.