Your State Could Grow Greatly With Cannabis Business, Says Cannabis Lawyer Charles X Gormally

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If states legalize recreational marijuana, the economic impacts are far-reaching, says cannabis lawyer Charles X Gormally, who practices at Brach Eichler in Roseland, New Jersey. In New Jersey, Charles X Gormally said he anticipates marijuana legalization in the near future and believes it could be hugely beneficial for the state.

“The cannabis business has opportunities in real estate and land use regulation, taxation, labor and employment and more,” Charles X Gormally said.

Critics question whether marijuana legalization would have an overall negative or positive impact, but Charles X Gormally is convinced it would be an economic boon to states. In his own state, Gov. Phil Murphy’s budget proposal estimated that $60 million in revenue would be created if marijuana was legalized (however, marijuana was not legalized at that time). …


Cannabis Law Practice, Led by Attorney Charles X Gormally, Thrives in New Jersey

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Attorney Charles X Gormally is leading the cannabis group at Brach Eichler in New Jersey, bringing a wealth of knowledge in the field. Along with John Fanburg, Charles X Gormally is the co-chair of the law firm’s cannabis law group. Other members include Riza I. Dagli, Carol Grelecki, Allen J. Popowitz, Susan R. Rubright, Frances B. Stella, and Matthew M. Collins. This team has experience in health law, real estate, land use, corporate transactions, labor and employment and more.

As a growing number of states legalize and regulate the cannabis marketplace, Charles X Gormally said the law firm felt it was crucial to specialize in this field. The cannabis business development presents challenges and opportunities for state and local governments, banking, taxation, real estate, land use regulation, health care, medical testing, food production, farming, packaging, and tourism. …


Potential Economic Growth Anticipated From Cannabis Legalization, Says Cannabis Attorney Charles X Gormally

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Legalized recreational marijuana would have tremendous economic benefits to states, believes cannabis attorney Charles X Gormally. In his own state of New Jersey, marijuana legalization legislation has not been passed, which is frustrating to Charles X Gormally, who sees the benefits it could bring to New Jersey.

In New Jersey Gov. Phil Murphy’s budget proposal for 2020, an estimated $60 million of revenue was created if marijuana was legalized. Charles X Gormally said states can prosper from the cannabis industry in several ways.

First, the industry would create thousands of jobs in the state, according to Charles X Gormally. As with any new business opportunity, construction, agriculture, sales, real estate, and more jobs would become available with this industry. More jobs in any state would encourage people to move to the area, thus boosting the economy, and provide opportunities for those who are unemployed or underemployed. …


Meet the New Members of the Brach Eichler Expands Cannabis Practice, Joining Charles X Gormally and Other Attorneys

Charles X Gormally and Law Firm Welcome Aboard Attorneys to Push Cannabis Law Forward in New Jersey

Law office Brach Eichler in Roseland, New Jersey has added two new attorneys to its existing cannabis practice, highlighting the importance of cannabis law to the firm.

“We anticipate an expanded medical marijuana bill to pass soon in New Jersey,” said Charles X Gormally, who is the chair of the litigation practice and co-chair of the cannabis practice. …


Attorney Charles X Gormally Says Two New Attorneys Will Help Cannabis Practice Flourish

New Jersey, just announced that it has added an additional two members to its cannabis practice.

“We anticipate an expanded medical marijuana bill to pass soon in New Jersey,” said Charles X Gormally, chair of the litigation practice and co-chair of the cannabis practice. “Because of this, we have chosen to add more manpower to our cannabis practice and believe it will strengthen us greatly.”

Matthew M. Collins, who has been a member at Brach Eichler since 1998, and Susan R. Rubright, who has been a member since 2005, were both added to the cannabis practice because of their years of impressive work and relevant experience, Charles X Gormally said. …


Cannabis attorney Charles X Gormally on studying cannabis regulation in New Jersey

Cannabis regulation possibilities are being closely studied in New Jersey, and advocates for careful legalization like Charles X Gormally, attorney at the law firm Brach Eichler, are hoping cannabis regulation will move forward.

President Donald Trump’s Attorney General is considering diverting resources from other justice department priorities and focusing them toward shutting down cannabis shops, Charles X Gormally explained.

This decision would go against many states who have been expanding marijuana legalization and are collecting cannabis tax revenue. Charles X Gormally is hopeful that New Jersey will be one of the next states to legalize recreational cannabis use. He said Sessions’ stance on closing down pot shops is “fraught with legal contradictions” and is more likely to be a symbolic gesture than a practical one.
“There is not enough prosecutorial energy or funding to pursue the industry at this point, and Congress will never provide the resources, so at this point no Attorney General would be able to put those 29 genies back in their bottles,” said John Fanburg, a fellow attorney with Charles X Gormally at Brach Eichler.
According to a Forbes article (https://www.forbes.com/sites/julieweed/2018/01/13/will-trump-will-divert-funds-from-anti-terrorism-to-close-pot-shops-cannabis-ceos-hope-not/#3d48328945c8), many cannabis company CEOs are in agreement with Charles X Gormally. …


Cannabis attorney Charles X Gormally on studying cannabis regulation in New Jersey

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Charles X Gormally

Cannabis regulation possibilities are being closely studied in New Jersey, and advocates for careful legalization like Charles X Gormally, attorney at the law firm Brach Eichler, are hoping cannabis regulation will move forward.

President Donald Trump’s Attorney General is considering diverting resources from other justice department priorities and focusing them toward shutting down cannabis shops, Charles X Gormally explained.

This decision would go against many states who have been expanding marijuana legalization and are collecting cannabis tax revenue. Charles X Gormally is hopeful that New Jersey will be one of the next states to legalize recreational cannabis use. He said Sessions’ stance on closing down pot shops is “fraught with legal contradictions” and is more likely to be a symbolic gesture than a practical one.
“There is not enough prosecutorial energy or funding to pursue the industry at this point, and Congress will never provide the resources, so at this point no Attorney General would be able to put those 29 genies back in their bottles,” said John Fanburg, a fellow attorney with Charles X Gormally at Brach Eichler.
According to a Forbes article (https://www.forbes.com/sites/julieweed/2018/01/13/will-trump-will-divert-funds-from-anti-terrorism-to-close-pot-shops-cannabis-ceos-hope-not/#3d48328945c8), many cannabis company CEOs are in agreement with Charles X Gormally. …


It is expected that New Jersey will soon take off as a leader in cannabis sales and that the industry will begin to grow in the Garden State. However, the cannabis industry will be complicated because it is still classified as a Schedule 1 controlled substance. Because of this classification, it can be difficult and expensive to find bank financing, according to attorney Charles X Gormally.

Not only can banks be a barrier to the cannabis industry, but local laws that ban cannabis facilities in town are another obstacle since it can be a challenge for businesses to find a place to open their business. …


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New Jersey Missed Opportunity to ‘Capture and Benefit Financially’ from Recreational Marijuana Legalization, Says Attorney Charles X Gormally

Pursuing legalized recreational marijuana use is still ongoing, Gov. Phil Murphy and New Jersey legislative leaders said, and New Jersey still has an opportunity to usher in the recreational marijuana industry to the state.

Even though the cancellation of the vote to legalize recreational marijuana may slow things down, attorney Charles X Gormally of Brach Eichler said he has not lost hope. New Jersey’s neighbors, Pennsylvania and New York, are working toward recreational marijuana legalization as well, however, so New Jersey may have missed its opportunity to be a leader, said Charles X Gormally. …


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Charles X Gormally

New Jersey Cannabis Legislation Dissected by Charles X Gormally of Brach Eichler’s Cannabis Law Practice

After reviewing the proposed adult-use cannabis legislation on March 12, 2019, Co-Chair Cannabis Practice Group Charles X Gormally of Brach Eichler’s Cannabis Law Practice has several thoughts on the bill. He and his colleague John Fanburg have compiled these thoughts to help better understand and make sense of the bill. Charles X Gormally has been part of the cannabis discussion for a decade, representing medical cannabis clients since 2009.

1. The key obstacle to previous versions of the adult-use cannabis bill was urban legislators, who did not feel there was enough attention on social and economic justice issues. The current bill provides encouragement if minority- and women-owned businesses. However, Charles X Gormally said creating micro-markets is unrealistic. The bill doesn’t limit the number of licenses, perhaps in an attempt to make their value low enough to attract entrepreneurs, Charles X Gormally said. …

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My 40 year legal career has been centered on confronting and overcoming challenges to clients caused by government regulation.

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