Dear Pot Lawyer,
I’m thinking of investing in a pot business, but I still can’t get over the risks with the feds. What should I do?
You might start by thinking about this issue in another way. Even in these darkest of times, the greatest risk to your investment may not be retrograde federal law. You probably stand a greater chance of losing your investment because you invested in a start-up. I could be wrong about that, but everything I’ve seen for the past several years suggests
otherwise.
Every day, I go to work at a law firm that represents hundreds of pot businesses, auxiliary businesses, and investors in Oregon, Washington, and California. To my knowledge, not one of these businesses has ever been subject to a federal inquiry, warning letter, or raid. I also know dozens of other pot lawyers and law firms. To my knowledge, not one of their clients has ever been subject to federal inquiry, warning letter, or raid. It certainly has happened from time to time, out there in the world—but in our world, it simply has not.