New York lawyers can advise clients on how to comply with the state’s new recreational marijuana use law and accept payment for their services via equity ownership in a cannabis business, the state’s premier bar group said.
The Empire State also becomes the biggest state where attorneys ethically can consume cannabis recreationally. They also can grow it, subject to certain limits. Colorado and Washington state also permit lawyers to consume cannabis, and California last year said attorneys can counsel clients on state marijuana laws.
The New York State Bar Association’s opinion dated Thursday is “logical and appropriate” and “most welcome” ...