Continuing Education of the Bar
August 5, 2019
By: Katherine Proctor
“…Richard P. Ormond, a shareholder at Buchalter Law Firm in Los Angeles whose practice areas include cannabis regulations and banking, believes these developments are far from eliminating financial obstacles for California’s cannabis-related businesses. Any meaningful changes at the federal level will ‘take a very, very concerted effort,’ he said, and in the meantime state legislation can always be targeted by the federal government.
‘I think that it’s going to end up in the courts regardless,’ Ormond said of the issue.”
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