In a recent MyCannabis article, Thompson Coburn partner Michael Rosenblum was featured in a Q&A discussing the evolving cannabis legal landscape and what it means for the industry’s future.
Michael shared how the legal needs of cannabis businesses differ from those of more traditional companies—and how those differences shape his role as an attorney.
“Cannabis companies operate under much heavier regulatory scrutiny than most other industries. Compliance and licensing are central to almost every major business decision. As a result, my role involves more regulatory strategy, risk management, and coordination with specialized advisors. There is also greater emphasis on contingency planning as the legal landscape continues to evolve,” said Michael.
He also addressed how potential 280E reform could impact his work and the industry more broadly: “In the short term, reform will likely create some uncertainty as federal and state systems adjust. That means more advisory work helping clients navigate new rules and transitions. Over time, however, increased access to traditional banking and institutional capital should drive more M&A activity and equity and debt financings, creating additional deal opportunities. Ultimately, reform should bring more clarity and allow companies to focus more on growth and strategy.”
Read the full article here.
