Cannabis & Hemp Law

With the passage of Amendment 2 in November of 2018, Missouri became the 31st state to legalize marijuana for medical use.  In anticipation of the passage of the ballot initiative, Summers Compton Wells pioneered one of the state’s first Cannabis and Hemp Law practice groups.  The attorneys of the Cannabis and Hemp Law practice group provide assistance to a wide array of individuals and businesses in Missouri’s medical marijuana market, including startups, license applicants, vendors, lending institutions, investors, landlords, and developers.

The lawyers of the firm’s cannabis practice group provide full service representation for state licensed medical marijuana companies, including:

  • Business formation, entity selection, organization and tax classification
  • Financing and funding, securities law compliance, debt and equity investments
  • Strategic partnership initiatives, mergers, acquisitions and joint ventures
  • Leasing and acquisition of cultivation, manufacturing, retail and transportation locations
  • Real estate development, including incentives and opportunity zones
  • Intellectual property registrations and protection
  • Licensing Agreements
  • Development of employment policies covering cannabis related issues
  • Resolving disputes with vendors, contractors, employees, or competitors
  • Regulatory compliance
  • Zoning and outreach to local government and elected officials

The firm’s Cannabis and Hemp Law 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.

DISCLAIMER: Per federal law, marijuana is a Schedule I controlled substance. This means that it is a federal crime to sell, distribute, possess, and/or use marijuana or marijuana-derived products, regardless of any state law that may authorize certain marijuana activity. Although federal policy may, at times, recommend enforcement discretion when a business or individual is in compliance with state marijuana law that is deemed to comply with federal enforcement priorities, it is important to understand that compliance with state law does not equal compliance with federal law, and that federal marijuana policy may change at any time. No legal advice we give regarding marijuana law or policy is ever intended to guide or assist clients in violating federal law.