Ancillary Cannabis Businesses
Cannabis legalization doesn’t just create jobs involving the cultivation and sale of the plant; it also creates businesses that provide ancillary services to the industry. Ancillary cannabis businesses can be anything from delivery services, lighting equipment manufacturers, growing technology, point-of-sale systems, extraction technology to industry consulting.
Ancillary businesses represent the largest and broadest sector of the cannabis industry, and many of these businesses will have tremendous opportunity to service the burgeoning New Jersey cannabis market. According to the 2017 Marijuana Business Factbook, ancillary businesses that serve industries outside of cannabis have 7 percent higher profitability than those that don’t.
We provide in-depth legal counsel to operators in every sector of the cannabis industry, including:
- Packaging and Labeling Companies
- Delivery services
- Secure transport businesses
- Security companies
- Vape and other cannabis consumption devices
- E-commerce websites
- Testing labs
- Licensing and branding companies
- Marketing and design agencies
- Media networks
- Retail design firms
- Vertical agriculture
- Greenhouse systems
- Horticultural lighting companies
- Nutrient suppliers
- Extraction equipment
- Commercial kitchens
- Payroll companies
- Point-of-Sale Systems
- Software and mobile application developers
- Real Estate
Contact Eric D. Reiser to schedule an appointment to discuss your cannabis business venture or litigation matter.
Cannabis Law Disclaimer
Please be aware that marijuana remains a Schedule I controlled substance; possessing, using, manufacturing, distributing, and/or selling marijuana or marijuana-derived products is illegal under federal law notwithstanding the existence of any state law to the contrary. No legal advice given by LoFaro & Reiser, LLP is intended to provide any guidance or assistance in violating federal law nor will it provide any guidance or assistance in complying with federal law. By reading this overview, you understand there is no attorney/client relationship between you and LoFaro & Reiser, LLP unless evidenced by an executed legal engagement letter. Although federal policy may, at times, recommend enforcement discretion when a business or individual is in compliance with existing 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, confer any immunity from, or provide any shield from prosecution under federal law. At any time, federal and/or state law and policy may change either to enhance or inhibit the cannabis industry.