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ARTICLE · 19 JUNE 2023

Launching A Business In Psychedelics?

Frankfurt Kurnit Klein & Selz PC
Frankfurt Kurnit Klein & Selz PC
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Frankfurt Kurnit Klein & Selz PC

Frankfurt Kurnit Klein & Selz PC

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The regulatory environment for psychedelics, including the interplay between federal, state, and local law, is complex and constantly evolving.

United StatesMedia, Telecoms, IT, Entertainment

As interest in psychedelics grows and states begin to legalize possession, usage, and promotion, more and more entrepreneurs are contemplating starting businesses based on psychedelic products and services. But for aspiring psychonaut entrepreneurs, navigating the legal and financial complexities can be tricky, particularly in light of the prohibitions under federal law. Because of the intricacies involved, prudent founders considering whether to start a businesses and raise capital in this industry should engage lawyers with expertise in the various disciplines implicated in order to help maximize the likelihood of success and mitigate risks.

In this blog post, we briefly explore three of the areas in which psychedelic founders need expert legal representation to successfully start and grow their businesses.

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www.fkks.com

This post first appeared in Frankfurt Kurnit's Focus on the Data blog (www.focusonthedata.com). It provides general coverage of its subject area. We provide it with the understanding that Frankfurt Kurnit Klein & Selz is not engaged herein in rendering legal advice, and shall not be liable for any damages resulting from any error, inaccuracy, or omission. Our attorneys practice law only in jurisdictions in which they are properly authorized to do so. We do not seek to represent clients in other jurisdictions.

Originally published by the New York Legal Ethics Reporter

www.fkks.com

This alert provides general coverage of its subject area. We provide it with the understanding that Frankfurt Kurnit Klein & Selz is not engaged herein in rendering legal advice, and shall not be liable for any damages resulting from any error, inaccuracy, or omission. Our attorneys practice law only in jurisdictions in which they are properly authorized to do so. We do not seek to represent clients in other jurisdictions.

www.fkks.com

This alert provides general coverage of its subject area. We provide it with the understanding that Frankfurt Kurnit Klein & Selz is not engaged herein in rendering legal advice, and shall not be liable for any damages resulting from any error, inaccuracy, or omission. Our attorneys practice law only in jurisdictions in which they are properly authorized to do so. We do not seek to represent clients in other jurisdictions.

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