Philly-area Law Firms Bullish on Cannabis Despite Grave Legal Risks

Lawyers going into the marijuana business face potential arrest, disbarment, and even imprisonment. But they’re gambling that the smoke will clear, and the federal government will eventually legalize cannabis.

Many of Philadelphia’s biggest firms — Duane Morris, Fox Rothschild, and Cozen O’Connor among them — have set up practices recently to serve cannabis growers, dispensaries, and related entrepreneurs as the state aggressively gears up to make medical marijuana available to patients by early 2018. Last month, Pepper Hamilton “formalized” its marijuana industry group.

“We saw it as a growth opportunity,” said Joseph C. Bedwick, partner at Cozen O’Connor. But the continuing disconnect between state and federal laws, and the Trump administration’s antipathy toward marijuana, has created what Bedwick calls “a big ball of uncertainty.”

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For PA based physicians and medical professionals, Greenhouse Ventures and Thomas Jefferson University are hosting an accredited course to educate health care professionals regarding the basic science underlying the pharmacologic and therapeutic options associated with medical cannabis in patient care, and provide clinical insights on the use of medicinal cannabis in practice. Visit the website for a full list of dates and venues, further course information, and ticket price for the PA Medicinal Cannabis Education Tour.

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