Law360 (January 3, 2021, 12:02 PM EST) — While many industries continue to face challenges as a result of COVID-19, the franchising of a cannabis operation or the opening of a franchise location, may be an attractive option for entrepreneurs, especially as 1 in 3 Americans now live in a state where recreational marijuana is legal and cannabis appears to be immune to much of the devastating economic effects of the pandemic.
However, in today’s environment, becoming a franchiser or establishing a successful marijuana franchise location, given existing federal treatment and varying state laws, can be challenging. The laws are continuing to evolve, new states are legalizing medical or…
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