The top law firms in cannabis, according to VCs, startups, and MSOs - Business Insider

, and multi-state operators in the cannabis industry who their picks for best law firms were. Click here for moreThey're selling a substance that remains illegal on the federal level, even as it has become legal in some shape or form across many states in the US.

This often means seeking the advice of experts who can help companies follow laws and regulations, which are often in flux and vary from state to state. The industry's growing size, expansion plans, and public-market debuts have only added to the complexity. Enter law firms that are either geared specifically to the industry or that have developed teams to tackle the questions that arise from working in a market like no other.our weekly newsletter on the deals, trends, and personalities driving the multibillion-dollar global cannabis boom.

When the cannabis market was beginning to develop, bigger law firms were for the most part reluctant to get involved with cannabis companies because of the implications of assisting businesses that are technically illegal. The ones that did get involved early decided to stay relatively quiet about their client list until recently.

Today, the landscape looks very different. Boutique firms specializing in cannabis have grown with the market while law firm giants, like Reed Smith, Locke Lord, and Dorsey & Whitney

So, as we look at everything related to recent events. Why are only majors involved in this movement?

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