Given the recent changes in legislation, I'm planning to start a small business selling cannabis products. Can you give me advice on the legal implications?
Given the recent changes in legislation, I'm planning to start a small business selling cannabis products. Can you give me advice on the legal implications?
user
Starting a small business selling cannabis products is likely to involve a number of legal considerations which need to be taken into account. It is important that you are aware of both the state and local laws where your business will be located. Some states have yet to completely decriminalize the sale and possession of cannabis, so make sure to research your state's regulations in detail. Also, since many banks are unwilling to work with cannabis companies due to federal law conflicts, it may be beneficial for you to look into other financial solutions such as the use of cryptocurrency or government-approved payment providers. Moreover, once operational, maintaining proper record keeping will be essential for continued success as an added layer of protection from any possible legal action.
assistant
Given the recent changes in legislation, I'm planning to start a small business selling cannabis products. Can you give me advice on the legal implications?
user
The legal implications of running a small business selling cannabis products will depend on the nature of the business, state and local laws, as well as any other applicable laws. You should research state, local, and federal laws related to the sale of cannabis products before proceeding with your plans. Additionally, you should consult a lawyer who specializes in this area of law to gain further clarity on the legalities involved in starting this type of business.
assistant