Special Report

Cannabis and the Legal Industry: New Rules, New Risks, New Opportunities

The state-by-state legalization of marijuana for medical and recreational use has created a complicated legal landscape—and with it new demands for lawyers to responsibly advise cannabis clients and companies in adjacent industries. This special report features Law.com's in-depth coverage of emerging legal issues, key regulatory developments, and the lawyers who are helping to shape a new industry.

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(Left to Right): Charles Smith, vice president of enterprise anti-money laundering at Prudential Financial Inc.; Guillermo Artiles, partner at McCarter & English; Daniel Kim, assistant general counsel, global financial crimes legal at JPMorgan Chase & Co.; Gina Jones, chief financial crime officer at Equitable Holdings Inc.; and Steve Shine, vice president, corporate counsel at Prudential Financial Inc. at the Minority Corporate Counsel Association’s 2019 Creating Pathways to Diversity Conference in New York on Wednesday. Photo: Daniel Clark/ALM

Until marijuana is no longer a Schedule I drug under the Controlled Substances Act or exceptions to the federal law are passed, banks will still be taking a risk when it comes to providing financial services for cannabis companies, a panel at the Minority Corporate Counsel Association’s 2019 Creating Pathways to Diversity Conference in New York said Wednesday.

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Dan Clark

Dan covers cyber security, legal operations and intellectual property for Corporate Counsel. Follow him on Twitter @Danclarkalm.

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