The Cannabis Business: Understanding Law, Finance, and Governance in America’’s Newest Industry

As the largely illicit cannabis market transitions to a legal, regulated industry, the ＂canna-curious＂ and experienced industry participants alike are experiencing the harsh truth: Making a fortune in the legal cannabis industry is a challenge made even more difficult by a complex patchwork of state and federal laws.

The Cannabis Business clears the confusion around topics such as the distinction between hemp and cannabis and why it matters for consumers and regulators, why CBD isn’t completely legal in the U.S., why and how states differ in their licensing processes, and how deal structuring is impacted by state regulations. Written by attorneys from the nation’s leading cannabis law and policy firm, this comprehensive primer on all things cannabis law is a must-have for anyone seeking to understand the major practical legal issues facing the cannabis industry in the U.S.

Charles S. Alovisetti is a partner at Vicente Sederberg and chair of the firm’s Corporate Practice Group, where he has focused his practice since 2015 on advising companies, investors, and other law firms on the nuances of executing financings, mergers and acquisitions, and other corporate transactions involving licensed and ancillary cannabis companies in both the cannabis and hemp sectors. Charlie has been recognized by Chambers & Partners as one of the top cannabis lawyers in the United States.

Cassia Furman is a partner at Vicente Sederberg and managing attorney of the firm’s California Practice Group based in Los Angeles. In addition to supporting the firm’s policy and local government work in California and around the country, she counsels clients on a wide range of transactional, regulatory, and land use issues related to the licensing and operation of California commercial cannabis ventures.