Businesses wondering how Prop 207 applies and what kind of opportunities it creates for them need only to read cannabis law expert Gary Smith’s article for In Business. Gary addresses a variety of questions about Arizona’s recently certified adult-use cannabis law and the “brave new green world” it creates.

Gary begins by outlining the most crucial parts of Prop 207 for businesses to understand, including:

  • Although cannabis consumption is prohibited in public places (such as public parks or sidewalks) and open spaces, individual businesses and landlords will need to decide if they allow marijuana on their premises.
  • Employers can establish and maintain “drug-free workplace” policies. Gary urges employers who do not have a drug policy to consider adopting one.
  • Existing medical marijuana dispensary owners are given first access to recreational licenses. Gary provides insight on how these licenses will be distributed.

Even if a hopeful entrepreneur does not receive one of the coveted recreational licenses, Prop 207 comes with a wealth of business opportunity. Gary describes ancillary services — such as accountants, cultivators and marketers — that will also be needed to support the burgeoning industry.

Gary is among Arizona’s leading cannabis attorneys, frequently sharing his expertise with media and industry groups. He founded and currently serves as president of the Arizona Cannabis Bar Association. He is also a board member at the Arizona Cannabis Chamber of Commerce.

Read the full article here.