With the passage of Amendment 2 in November of 2018, Missouri became the 31st state to legalize medical marijuana for medical use. In anticipation of the passage of the ballot initiative, Summers Compton Wells pioneered one of the state’s first cannabis practice groups. The lawyers of the cannabis practice group provide assistance to a wide array of individuals and businesses who intend to enter Missouri’s brand new medical marijuana market, including startups, license applicants, vendors, lending institutions, investors, landlords, developers and local governments.
The lawyers of the firm’s cannabis practice group provide full service representation for license applicant groups, including:
Once in operation, cannabis related businesses will face unique challenges in this highly regulated market, but will also encounter many of the same issues as other businesses. Like other businesses, our attorneys can represent marijuana-related businesses and their owners in a wide variety of legal areas, including:
The firm’s cannabis practice group also provides assistance to entrepreneurs and businesses interested in the potential of hemp derived products, including cannabidiol “CBD” and the commercialization of industrial hemp.