Investing in Green—Funding the Marijuana Industry
An interview with David N. Feldman
The cannabis industry is one of the fastest growing in the U.S. With more states legalizing or decriminalizing marijuana and the recent legalization of hemp under the Farm Bill, investments in the space will no doubt continue to grow. Marijuana remains a Schedule I controlled substance under federal law, which poses significant challenges in financing, banking, and tax to cannabis-related businesses. David Feldman, seasoned corporate and securities attorney, explains the issues most commonly faced by cannabis related businesses and their service providers as a result of the fed and state laws dichotomy and what he expects on the legislative horizon.
Watch Part 2 of Investing in Green—Funding the Marijuana Industry.
About David N. Feldman
“There were...political, racist, and economic reasons why ‘pot’ was made illegal in the '30s and again in the '70s under Nixon.”
David Feldman is a partner at Hiller PC in New York. He concentrates his practice on corporate and securities law and mergers and acquisitions. He represents a wide range of clients, from public and private companies, investors, social media sites, public and private issuers and applicants for grow and dispensary licenses in the cannabis sector. In 2018, the National Law Journal named him a “Cannabis Law Trailblazer,” and in 2019, Business Insider named him as a top lawyer in the cannabis industry. Feldman has also published The Entrepreneur’s Growth Startup Handbook: 7 Secrets to Venture Funding and Growth Success (2013) and Reverse Mergers and Other Alternatives to a Traditional IPO (First Edition 2006, Second Edition 2009). He writes the “Blunt Legal Talk” column on cannabis law for Honeysuckle magazine and is a contributor to Entrepreneur.com on cannabis issues. He is also a partner in Skip Intro Advisors LLC, a cannabis consulting firm focused on strategic advisory, financial consulting, branding and technology.
