Charles X Gormally
Charles X Gormally

Cannabis Attorney Charles X Gormally Weighs in On Potential Economic Benefits of Cannabis Industry

Legalized Recreational Cannabis Could Have Great Benefits for States, According to Charles X Gormally

 

Charles X Gormally, a cannabis attorney in New Jersey, said the cannabis industry has the potential to provide far-reaching economic benefits to states. In his own state of New Jersey, marijuana legalization legislation has not been passed, though access to medical cannabis has expanded, greatly helping patients in New Jersey with prescriptions. His years of experience as an attorney mean Charles X Gormally can see the potential benefits of a cannabis industry, not just in his state but in others in the United States.

 

Using his own state as an example, Charles X Gormally explained that in New Jersey Gov. Phil Murphy’s budget proposal for 2020, an estimated $60 million of revenue would be created if marijuana was legalized. This revenue for the state would bring enormous benefits, according to Charles X Gormally. 

 

An obvious, often discussed economic benefit to the cannabis industry is the millions of dollars it would provide in tax revenue for the state and its municipalities, Charles X Gormally said. According to Investopedia, if cannabis were federally legal, reports suggest it could generate an additional $131.8 billion in aggregate federal tax revenue by 2025. On a smaller scale, the cannabis industry in states has a profound impact as well. After Colorado legalized marijuana, the state collected more than $135 million in taxes and fees on medical and recreational marijuana in 2015. 


Additionally, the cannabis industry would create thousands of jobs in a given state, Charles X Gormally said. As with any new business opportunity, construction, agriculture, sales, real estate, and more jobs would become available. 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. 

 

Money would also be saved because states would no longer spend an exorbitant amount of money enforcing the laws that make cannabis illegal, Charles X gormally explained. Federal marijuana enforcement costs the United States billions of dollars every year. When cannabis is no longer a controlled substance, court cases surrounding cannabis would drop and even more money would be saved by states and at a federal level, Charles X Gormally believes. 

 

Charles X Gormally said it is important to him and the other attorneys in the cannabis practice at Brach Eichler to champion this cause. Legalizing cannabis in states and federally makes sense for struggling economies as it benefits citizens and governments. 

 

For additional information about Brach Eichler’s Cannabis Law Practice, contact Charles X Gormally, member co-chair, at (973) 403-3111.

Charles X Gormally

Brach Eichler Cannabis Practice Co-Chair Charles X Gormally on the Importance of Cannabis Practice in New Jersey

Attorney Charles X Gormally Runs Cannabis Practice With Fellow Experienced Attorneys

A legal practice in Roseland, New Jersey has chosen to place a large focus on cannabis law in recent years because of the state’s rapidly changing laws surrounding cannabis. Charles X Gormally is the co-chair of that practice and said it has been well received in the community. “People are seeing the growing need for clear legislation on this issue and for attorneys to guide them through the changes that are ahead,” Charles X Gormally said. 

New Jersey recently greatly expanded its medical cannabis legislation, opening the door for many more people to receive medical marijuana, and recreational use is doubtless not far behind, Charles X Gormally said. Laws are changing rapidly, and Charles X Gormally said he prides himself on being ready to tackle potential legal questions that will arise when recreational cannabis is legalized in New Jersey. 

In addition to Charles X Gormally, the cannabis practice at Brach Eichler is host to several other attorneys: Matthew M. Collins, Susan R. Rubright, co-chair John Fanburg, Riza I. Dagli, Carol Grelecki, Allen J. Propowitz and Frances B. Stella. Each of these attorneys has years of experience and is talented in areas such as real estate, land use, corporate transactions, labor law and more, according to Charles X Gormally.   The cannabis law practice at Brach Eichler has eight members who are “uniquely qualified to navigate complicated and highly regulated marketplaces,” according to the Brach Eichler website, while providing practical guidance to entrepreneurs in the cannabis field. 

Charles X Gormally said it has been a privilege to work with such a motivated, dedicated team of attorneys in the blossoming cannabis practice at Brach Eichler. As cannabis law evolves in the state of New Jersey, he anticipates that the cannabis practice itself will change as well. 

“Often, people do not think about all the other things that are affected when cannabis is legalized,” Charles X Gormally said. “It touches real estate, labor law and many more, and Brach Eichler’s attorneys are prepared to help New Jersey navigate legal recreational marijuana.” 

Brach Eichler is not the only law firm in the United States who has started a cannabis practice. In fact, they are popping up in other law firms across the country as the demand increases and legalization of cannabis continues in the country. 

Brach Eichler has 79 attorneys in total and was founded in 1967. To learn more about the cannabis law group and for more resources and information on cannabis law, visit bracheichler.com. 

Tips from Attorney Charles X Gormally On Opening a Successful Cannabis Business in New Jersey

Cannabis Practice Co-Chair Charles X Gormally Shares Advice for Cannabis Business in His State.

This summer, New Jersey has rapidly expanded its medical marijuana program, and attorney Charles X Gormally said the legalization of recreational marijuana is not far behind.

Charles X Gormally is a New Jersey attorney and co-chair of the Brach Eichler cannabis group. Nearly 50,000 patients in New Jersey have prescriptions for medical marijuana, and New Jersey Governor Phil Murphy just signed a bill to expand access to medical cannabis. Charles X Gormally said he is hopeful that legalizing recreational marijuana will be the next step for his state.

Cannabis is still classified as a Schedule 1 controlled substance for the time being, however, Charles X Gormally explained. This makes it expensive and difficult to find bank financing for a cannabis business- so Charles X Gormally shared some of his advice on this subject.

“When counseling clients interested in the cannabis space, we emphasize the importance of forming relationships with reliable support team members,” said Charles X Gormally.

According to Charles X Gormally, a flourishing cannabis business participant must ensure they make strong, professional relationships. Having this network is key to having a successful cannabis business. Relationships should be formed across a wide range of specialties, including accounting, taxation, real estate, land use, banking, environmental law, medical research and security.

These relationships will prove invaluable to begin a cannabis business in New Jersey and sustaining it, according to Charles X Gormally.

The Cannabis Practice Group at Brach Eichler works as a team to equip the client with a broad range of required legal services while assisting the clients in formalizing their professional relationships with partners, vendors and suppliers.

“The overarching goal of the Group is to position clients for success by assuring that the client will be compliant with all of the requirements of state law, while keeping the client cognizant that conducting business in this area currently remains a violation of federal law,” Charles X Gormally said.

For additional information about Brach Eichler’s Cannabis Law Practice, contact Charles X Gormally, member co-chair, at (973) 403-3111.

Since its founding in 1967, Brach Eichler’s Cannabis Law Practice has been a trusted, practice that establishes personal relationships with its clients, rendering advice that is business-savvy and creative, yet practical. Charles X Gormally is the Chair of the Litigation Practice Group and a member of the firm’s Employment Services Practice Group. The New Jersey Supreme Court has acknowledged his commitment as a trial attorney by designating him as a Certified Civil Trial Attorney.

New Jersey Expands Medical Cannabis Program – Attorney Charles X Gormally Shares the Specifics

Charles X Gormally On New Jersey’s Medical Cannabis Expansion, What It Means For the State.

New Jersey is rapidly expanding its medical marijuana program, as the Senate and Assembly and Governor Phil Murphy signed a bill last month to expand access to medical cannabis in the state.

Charles X Gormally, a New Jersey attorney and co-chair of the Brach Eichler cannabis group, said this move toward cannabis expansion will be the start to growth in the cannabis industry. Charles X Gormally said he is hopeful that legalizing recreational marijuana will be the next step for his state.

New Jersey has nearly 50,000 patients who have prescriptions for medical marijuana, but the state has only six cannabis providers. This means long lines and supply shortages for thousands of New Jersey residents, according to Charles X Gormally. With the passing of this bill, up to 28 cannabis providers are permitted in the state, which will make a massive difference for patients.

With the passing of this bill (A20), a Cannabis Regulatory Commission will be created in the state. This commission will oversee and regulate the industry. Additionally, the bill will end the 6.625% sales tax on medical marijuana by the year 2022.

This bill will make it easier for patients to obtain access to medical marijuana as well, as rules have been relaxed on how much patients can buy and how many doctor’s visits they are required to have before they are approved. Nursing homes and other health institutions are now permitted to buy cannabis for patients, out-of-state patients can purchase medical cannabis in New Jersey when visiting the state and home delivery is now also permitted.

Another important element of bill A20 is that it set a goal of giving 15% of licenses to minority owners and another 15% to women, veterans and disabled people. Charles X Gormally said this is an important step in this already progressive bill.

The cannabis practice at Brach Eichler has eight lawyers on the team who have experience in health law, real estate, land use, corporate transactions, labor and employment and more. They are poised and ready to usher in these and future changes to cannabis legalization in New Jersey, said Charles X Gormally.

“Our attorneys are uniquely qualified to navigate complicated and highly regulated marketplaces, while providing practical and informed guidance to entrepreneurs participating in this business,” Charles X Gormally said.

For more information on the cannabis law group and cannabis law, including an educational and informative video series, visit bracheichler.com.

Charles X Gormally- Brach Eichler Cannabis Practice

Meet the Attorneys at the Brach Eichler Cannabis Practice, Co-Chaired By Attorney Charles X Gormally

Charles X Gormally On the Importance of a Strong Cannabis Practice With Experienced Attorneys

 

Charles Gormally
Charles Gormally

Roseland, New Jersey’s Brach Eichler legal practice has placed an emphasis on cannabis law in the last several years, said Charles X Gormally, the co-chair of the practice. The cannabis practice has grown significantly, with attorneys joining the team as the demand grows in New Jersey and around the country. 

 

Charles X Gormally, chair of the litigation practice and co-chair of the cannabis practice, said this practice mirrors the importance of legal counsel related to cannabis at Brach Eichler. 

 

“Almost every week there’s new medical marijuana legislation proposed with the newest permutation touching both criminal and employment law issues for those looking for expungement for crimes that would no longer be considered illegal,” Charles X Gormally said. Laws are changing rapidly, and Brach Eichler prides itself on being ready to tackle potential legal questions that will arise when recreational cannabis is legalized in New Jersey. 

 

The newest attorneys to join the cannabis practice are Matthew M. Collins and Susan R. Rubright, both seasoned attorneys with years of relevant experience. Matthew M. Collins is the chair of the labor and employment practice, while Susan R. Rubright practices environmental law and land use and real estate law. These areas of law are particularly helpful when it comes to legal matters relating to cannabis, Charles X Gormally said

 

In addition to these newcomers, the cannabis practice has John Fanburg, co-chair, Riza I. Dagli, Carol Grelecki, Allen J. Popowitz, and Frances B. Stella. These lawyers have experience in real estate, land use, corporate transactions, labor law, health law and more. All of these issues are helpful in relating to cannabis law issues, according to Charles X Gormally. The cannabis law practice at Brach Eichler has eight members who are “uniquely qualified to navigate complicated and highly regulated marketplaces,” according to the Brach Eichler website while providing practical guidance to entrepreneurs in the cannabis field. 

 

“Often, people do not think about all the other things that are affected when cannabis is legalized,” Charles X Gormally said. “It touches real estate, labor law and many more, and Brach Eichler’s attorneys are prepared to help New Jersey navigate legal recreational marijuana.” 

 

Charles X Gormally said the law group provides many services to clients, including representing them in their participation in the cannabis industry, offering insight and advice for regulatory complexities that come up and identifying new opportunities within the cannabis marketplace. 

 

Brach Eichler has 79 attorneys in total and was founded in 1967. To learn more about the cannabis law group and for more resources on cannabis law, visit bracheichler.com. 

Attorney Charles X Gormally Shares How States Can Profit Economically From Recreational Cannabis Legalization

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

 

Charles Gormally
Charles Gormally

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). 

 

Tax revenue for states, municipalities and federally would grow exponentially with this opportunity. One state that did legalize recreational marijuana, Colorado, collected over $135 million in taxes and fees in 2015 after cannabis was legalized. State tax dollars go to many things universally agreed upon as worthy causes, including health programs and social security. 

 

In addition to the tax benefits a legal cannabis industry would create, it would also create numerous jobs, Charles X Gormally emphasized. Jobs in sales, real estate, construction, agriculture and more would grow exponentially, aiding the state’s economy and citizens who are unemployed. As Colorado showed after it legalized cannabis, this legalization would also cause more people to move to a state, bringing new business and stimulating the economy. 

 

Legalization of cannabis would boost real estate markets as well, Charles X Gormally said. Since people will ideally move to the state and stimulate business, real estate will be more desirable and cause an improvement in the housing market. Local real estate would prosper in this scenario, which would be advantageous for most communities, Charles X Gormally pointed out. 

 

The cannabis law practice at Brach Eichler now has eight members, who are “uniquely qualified to navigate complicated and highly regulated marketplaces,” according to its website, while also providing practical guidance to entrepreneurs in the cannabis field. Brach Eichler was founded in 1967 and was ranked Best Law Firms of 2019 by U.S. News and in Chambers USA 2019.   

 

More information about Charles X Gormally and the cannabis practice at Brach Eichler, including a new cannabis video series, can be found at bracheichler.com/practices/cannabis-law. Charles X Gormally member co-chair of the cannabis law practice at Brach Eichler, can be reached at (973) 403-3111.

Charles X Gormally Cannabis Group Growth

Charles X Gormally Leads Law Firm Cannabis Group Growth at Brach Eichler

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

Charles X GormallyAttorney 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.

“Many people do not immediately recognize how many areas are impacted by the legalization of cannabis,” Charles X Gormally said. “It has ramifications for many people and our law firm is poised to help with the transition.”

New Jersey is getting closer to a regulated, adult-use cannabis market and the cannabis group at Brach Eichler is prepared for it. “Our attorneys are uniquely qualified to navigate complicated and highly regulated marketplaces while providing practical and informed guidance to entrepreneurs participating in this business,” Charles X Gormally said.

Charles X Gormally said the law group offers a wide variety of services to clients, including representing their desired outcomes for their participation in the cannabis industry, providing insight and advice for legal and regulatory complexities that arise, giving clients an advantage through access to a coordinated team of subject matter experts, and identifying new windows of opportunity within the cannabis marketplace.

Charles X Gormally’s 40-year legal career has been centered on confronting and overcoming challenges to clients caused by government regulation, overreaching employers, business partners and a myriad of negligent parties. He said he is proud to have been instrumental in forming the law firm’s cannabis practice group to counsel clients in positioning themselves to take advantage of the opportunity and participate in the new multi-billion dollar industry.

The law firm offers a series of videos on cannabis practice, including “Employment Law Concerns as New Jersey Legislates Cannabis Use” and “A Primer on NJ’s Business Landscape for Out-of-State Marijuana Businesses.” These free resources can be found at bracheichler.com/practices/cannabis-law.

To learn more about the cannabis law group at Brach Eichler and for more resources on cannabis law, visit bracheichler.com.

Charles X Gormally - Benefits of Cannabis Industry

Charles X Gormally on Ways States Could Benefit From Economic Benefits of Cannabis Industry

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

 

Charles Gormally 3
Charles Gormally 

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. 

 

Another economic benefit would be the stimulation of local real estate markets in undesirable business locations, Charles X Gormally said. Since those real estate markets are “fertile ground for the cannabis business,” real estate would become more desirable in those areas and the housing economy would only improve, Charles X Gormally believes

 

An obvious economic benefit to the cannabis industry is the millions of dollars it would provide in tax revenue for the state and its municipalities, according to Charles X Gormally. Investopedia says that if marijuana were federally legal, reports suggest it could generate an additional $131.8 billion in aggregate federal tax revenue by 2025. On a smaller scale, the cannabis industry in states has a profound impact as well. After Colorado legalized marijuana, the state collected more than $135 million in taxes and fees on medical and recreational marijuana in 2015. 

 

Still, another benefit is the money that would be saved in enforcing marijuana laws, Charles X Gormally pointed out. Investopedia reports that federal marijuana enforcement costs the country billions each year. If marijuana was no longer considered a controlled substance, there would be a significant drop in court cases revolving around cannabis and money would be saved. 

 

Because of the economic impacts the cannabis industry would have on a state and federal level, Charles X Gormally champions the cause and supports a change to legislation in his state, New Jersey, and advocates it becoming the next state to welcome the benefits legalized marijuana would provide. 

 

For additional information about Brach Eichler’s Cannabis Law Practice, contact Charles X Gormally, member co-chair, at (973) 403-3111.

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

 

Charles Gormally 2
Charles Gormally 

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. “Because of this, we have chosen to add more manpower to our cannabis practice and believe it will strengthen us greatly.”

 

The first attorney who has been added to the cannabis practice has been at Brach Eichler since 1998. Matthew M. Collins works as the chair of the labor and employment practice at the law firm. This labor and employment experience will prove invaluable to the cannabis practice, Charles X Gormally said, as it proves to be a unique challenge for cannabis legalization.

 

Matthew M. Collins represents clients in federal and state courts, in arbitrations and before administrative agencies, including the United States Equal Employment Opportunity Commission, the New Jersey Division on Civil Rights, the United States Department of Labor, and the New Jersey Department of Labor.

 

The other attorney who is joining the cannabis practice is Susan R. Rubright, who became part of the Brach Eichler team in 2005. She practices environmental law and real estate law and her clients have included pharmacies and medical providers, as well as retail centers.

 

Susan R. Rubright understands the redevelopment process from many angles, as she has worked with redevelopers, represented a planning board and sought the removal of properties from inclusion in a redevelopment area.

 

“Matthew Collins and Susan Rubright both have an experience that is highly valuable to working on the cannabis practice,” Charles X Gormally said. “The cannabis business has opportunities in real estate and land use regulation, taxation, labor and employment and more, so these lawyers will be a great asset as New Jersey gets closer to legalizing marijuana.”

 

The cannabis law practice at Brach Eichler now has eight members, who are “uniquely qualified to navigate complicated and highly regulated marketplaces,” according to its website, while also providing practical guidance to entrepreneurs in the cannabis field.

 

Brach Eichler was founded in 1967 and was ranked Best Law Firms of 2019 by U.S. News and in Chambers USA 2019. Brach Eichler has 79 attorneys in total and the firm is a pioneer in health care and real estate law.

More information about Charles X Gormally and the cannabis practice at Brach Eichler, including a new cannabis video series, can be found at bracheichler.com/practices/cannabis-law.

Charles Gormally 2

Brach Eichler Expands Cannabis Practice to Meet Important Need in New Jersey, Says Charles X Gormally

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

Brach Eichler LLC, a legal practice in Roseland, 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.

“Mark’s labor and employment and Susan’s real estate knowledge will help us respond more comprehensively to the needs of our Cannabis Practice clients,” John D. Fanburg, managing member and co-chair of the cannabis practice, said. “Medical marijuana is still an emerging industry for New Jersey, and we want to provide our clients with creative solutions that will come from utilizing team members with varying backgrounds.”

Matthew M. Collins is the chair of the labor and employment practice at Brach Eichler. He has years of experience providing strategic counsel to clients on a wide range of labor and employment issues, including discrimination, harassment, discipline, layoffs and more. He has been named a New Jersey Super Lawyer from 2017-2019.

Susan R. Rubright practices in the areas of environmental law and land use and real estate law in addition to cannabis law. She has experience working with commercial developers and individuals attempting to receive development approval. Her clients have included home builders, pharmacy stores, retail centers and medical providers.

The cannabis law practice at Brach Eichler, co-chaired by Charles X Gormally, now has eight members. According to Charles X Gormally, New Jersey grows closer every day to a regulated, adult-use cannabis marketplace. Cannabis business in New Jersey presents challenges and opportunities in baking and taxation, real estate and land use regulation, healthcare and medical testing, food production, farming, packaging and tourism.

Because of the questions cannabis legalization will lead to legal questions in so many areas, Charles X Gormally said the law firm feels it is crucial to have a strong team of thought leaders who are qualified to navigated the cannabis marketplace and provide thorough guidance to those who wish to participate in the cannabis business.

“Almost every week there’s new medical marijuana legislation proposed with the newest permutation touching both criminal and employment law issues for those looking for expungement for crimes that would no longer be considered illegal,” Charles X Gormally said. “It shows how important it is to have a balanced integrated practice that encompasses many different expertise so that our clients can address potential issues from any angle with equal effectiveness.”
More information about Charles X Gormally and the cannabis practice at Brach Eichler can be found at bracheichler.com/practices/cannabis-law. The firm’s cannabis law blog can be found at this address as well, which includes insights from Charles X Gormally.