What’s next in New York and New Jersey? Marijuana business experts weigh in
Illinois became the 11th state in the nation Tuesday to legalize adult-use marijuana after Gov. J.B. Pritzker signed a recreational bill into law.
What lessons were learned by the cannabis industry, and how are business strategies shifting?
Why did those states fail, while Illinois succeeded in approving recreational marijuana via a legislative move?
Industry watchers see cannabis businesses generally maintaining their interest in the densely populated Northeast U.S., perhaps by trying to enter the growing medical cannabis markets.
As the law continues to evolve on these matters, please note that this article is current as of date and time of publication and may not reflect subsequent developments. The content and interpretation of the issues addressed herein is subject to change. Cole Schotz P.C. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this publication to the fullest extent permitted by law. This is for general informational purposes and does not constitute legal advice or create an attorney-client relationship. Do not act or refrain from acting upon the information contained in this publication without obtaining legal, financial and tax advice. For further information, please do not hesitate to reach out to your firm contact or to any of the attorneys listed in this publication.
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