Jason Adelstone

Jason Adelstone is a seasoned business lawyer, international policy advisor, and problem solver. Based in Denver, Colorado, he provides domestic and international legal counsel to a diverse clientele, including entrepreneurs, corporations, religious organizations, and federal and international cannabis operators. His practice spans corporate law, international policy, and cannabis regulatory compliance, helping clients navigate the complexities of the global cannabis industry and beyond.

global cannabis

America’s Missed Opportunity in the Global Marijuana Market

After attending the International Cannabis Business Conference (ICBC) in Berlin at the end of April, I was reminded, yet again, of how draconian U.S. marijuana laws truly are. The excitement throughout the event was palpable. Much of it was driven by Germany’s newly formed government keeping its quasi-legalization policy intact, even if adult-use trials remain

red flags

Buyer Beware: Five Key Due Diligence Items When Buying a Cannabis Business

Our cannabis business attorneys regularly handle transactions involving the purchase and sale of licensed cannabis businesses. These deals often move fast, with brokers rushing both sides toward closing—frequently without regard for applicable diligence and cannabis regulations. The worst-case scenario is when a company comes to us after executing a seller drafted purchase agreement without having

cannabis tariffs

Is There a Method to the Mayhem? The Stock Market and a Potential Cannabis Collapse

As economists overwhelmingly question the Trump Administration’s tariff policy, one has to wonder if there is a deeper strategy behind his seemingly chaotic moves? While President Trump’s recent push for sweeping tariffs and saber-rattling on global trade might look like bluster or protectionism on the surface, there’s a theory that it’s something far more calculated—a

australia cannabis

Australia Cannabis Q&A

Australia Cannabis Q&A A. Legal Status & Industry Overview 1. Is cannabis legal for business purposes in Australia? Importation, cultivation, production, and other activities conducted for medicinal and scientific purposes are lawful under federal Australian law when the necessary licenses and permits have been obtained. Growing cannabis for personal use remains illegal in most Australian

new mexico cannabis

New Mexico’s Cannabis Legislation: Key Bills to Watch

The New Mexico legislature is considering several bills that address the state’s cannabis industry. With a two-month session held only every other year, there is an opportunity for meaningful changes aimed at strengthening the industry. Among the many bills under consideration, four stand out for their potential impact– both for industry and for consumers seeking

international marijuana investment

Why Don’t More U.S. Investors Look Abroad for Marijuana Investment?

With ongoing tensions between U.S. state and federal marijuana laws, U.S. marijuana investments present significant legal and logistical challenges. This is especially true for investors with ties to federally regulated businesses. While some investors have accepted the risks of U.S. marijuana, others are waiting for major federal reforms. But what if there was a way