Immigration Consequences of Passive Investment in the Legal Cannabis Industry

The recent legalization of adult-use cannabis in New York State has created enormous economic opportunity in the state, but taking advantage of those opportunities may bring harsh immigration consequences for foreign nationals currently in the U.S. or who seek admission to the United States in the future. Marijuana remains a Schedule I substance under the federal Controlled Substances Act, and is therefore illegal to possess, distribute, sell or manufacture anywhere in the United States....
By: Harris Beach PLLC

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