I like being a cannabis business lawyer. It took a while for me to get there. I certainly didn’t think I would be doing this while I was in law school, or at the start of my career. Like a lot of things in life, it just sort of… happened. And I’ve learned a lot along the way. Here are three areas of advice for anyone looking at a career advising cannabis businesses.
This is what I always told the law students passionate about the space. Learn business transactional law, or civil litigation, or real property, or intellectual property, or whatever regime seems interesting to you for the purpose of advising cannabis businesses. If you’re a new lawyer and you gain exposure to civil litigation–inside or outside of the cannabis space–this is especially valuable. You’ll be a much better transactional lawyer in the end.
In the early days of cannabis lawyering, new lawyers could get away with advising primarily on compliance and conflicts in law issues. Those days are gone. Most of the state regimes are relatively settled, and the incoming states are mostly variations on a theme. You may see a rush of compliance and licensing work at the