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CONFERENCE REPORT: Lawyers Should Look Before They Leap Into Cannabis

March 17, 2020, 8:23 PM

Law firms contemplating expanding business in the cannabis arena need to bear in mind the “unbelievable risks” of doing so.

That was the advice of James Grogan, former deputy administrator of the Illinois Attorney Registration and Disciplinary Commission, in a panel on cannabis practice at Hinshaw & Culbertson’s 19th Annual Legal Malpractice & Risk Management Conference on March 5 in Chicago.

A growing number of states are legalizing marijuana for medical or recreational use at the same time that federal law continues to consider marijuana in the same category as heroin and LSD. This poses a dilemma for attorneys. ...