From California to Massachusetts and soon, perhaps, to New Jersey, marijuana has been legalized, creating an estimated $16 billion industry that is expected to more than double in size by 2021. The cannabis industry is increasingly front and center in the minds of entrepreneurs and investors alike. However, no industry is exempt from risk, and those servicing, operating or investing in the medical and recreational cannabis sectors are faced with a particularly complex regulatory environment. Cannabiz explores the regulatory developments and investment opportunities related to the legalization of cannabis in New Jersey.
Disclaimer: Using, possessing, distributing and/or selling marijuana is illegal under federal law, regardless of any state law. Businesses and individuals should be aware that compliance with state law does not assure compliance with federal law. No legal advice we give is intended to provide any guidance or assistance in violating federal law.