Getting Ahead Of Kentucky Cannabis Law
The tide of cannabis-favorable legislation has at long last reached Kentucky. With newly enacted legalization of medical marijuana, cannabis businesses can start to plan for operations, as the law will go into effect in 2025.
At Valenti Hanley PLLC, we help cannabis businesses get off the ground and thrive. Our lawyers understand the many intricacies of cannabis law. They have experience representing cannabis businesses in other states and are excited to apply that experience as legal advisers for clients stepping into the new space of Kentucky medical cannabis.
Our team provides diligent representation for cannabis businesses seeking to become established in Kentucky.
The Ever-Changing Field Of Cannabis Legislation
Navigating the legal framework for cannabis is notoriously challenging. Because marijuana remains a controlled substance at the federal level, there are many layers of regulatory hurdles to address. Missteps can jeopardize your entire business.
Our lawyers are familiar with the many legal restraints around cannabis businesses, including:
- Licensing
- Funding and financing issues
- Product sourcing
- Reporting requirements
- Ongoing operations
As with cannabis legislation nationwide, this is an area of law that is frequently in flux. Future regulations and legislation will likely continue to shape the legal landscape for cannabis businesses. Our lawyers can provide ongoing guidance on the latest legal requirements.
Hemp-Based Cannabis Products
Federal law – specifically, the 2018 Farm Bill – removed hemp from the Controlled Substances Act. However, there are still licensing requirements for businesses moving into the hemp and cannabis space.
Our attorney in this area, Michael Valenti, has assisted Kentucky hemp growers with licensing issues. He has also helped them secure creative financing arrangements such as private placements.
We’re Committed To The Success Of Your Cannabis Business
Drawing on extensive experience in all areas of business law, including the cannabis sector, our firm can be a key player in helping your business thrive. Learn more by contacting us online or calling 866-617-6209. We have a convenient office in Louisville.