Always ahead of the trend, Ruskin Moscou Faltischek established the Cannabis Law Group, offering comprehensive legal representation and counsel to clients seeking to enter New York’s newly established marketplace. Enacted in 2021, the Marijuana Regulation Taxation Act (MRTA) legalized the cultivation, sale, production, consumption, distribution and processing of marijuana plants. MRTA will have far-reaching effects and enormous impact on real estate, commercial enterprise, health care, employment, banking, and a variety of other businesses. With license types ranging from cultivation to consumption, the MRTA presents an unprecedented opportunity for individual participation in one of the state’s fastest growth economic opportunities.
New York State has already promulgated regulations and will continue to do so as the industry matures. Understanding these regulations and their impact requires that counsel have a multi-disciplinary approach, with experience in real estate, corporate, branding, health care, employment and criminal areas of law. In addition, applicants will need the services of attorneys familiar with the legislative process and who understand the policy behind the adoption of this law and the implementing regulations.
Attorneys at Ruskin Moscou Faltischek are involved in all areas that MRTA impacts. We assist our clients in navigating the minefield of issues that the law has created as well as the potential economic benefits that our clients can derive from this groundbreaking legislation. Every license applicant faces numerous legal hurdles. Our multi-faceted practice group provides the full scope of services to gain license approval and successful business practices in the cannabis space.
Our client services include: