CEO DATELINE - Association formed for lawyers practicing marijuana law
CEO DATELINE - Association formed for lawyers practicing marijuana law
- June 11, 2015 |
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Walt Williams
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A group of lawyers has launched what they say is the nation's first association for cannabis-industry attorneys.
The National Cannabis Industry Association will "provide attorneys with educational and networking opportunities that will help them better serve clients in the industry," the new group said in a statement.
Membership is open to attorneys, paralegals and law students, with annual membership rates for individual attorneys starting at $150. Ten attorneys from six different states make up the association's founding board.
"As more and more states decriminalize or legalize cannabis—and set up their own regulatory structures—the legal conditions cannabis industry clients and their attorneys face are likely to get even more complex before they get simpler," said Shabnam Malek, NCBA's founding president and executive director.
Malek noted that 23 states and Washington, D.C., have legalized some form of cannabis.
"Today cannabis industry attorneys are already busy helping their clients form new companies, negotiate agreements, complete license applications, comply with local and state laws, protect assets and more," she said.
The association plans to host an event for members during the National Cannabis Industry Association's Cannabis Business Summit and Expo in Denver on June 30.
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