The legal cannabis market is of increasing interest to entrepreneurs and investors. In recent years, we have seen a trend of growing deregulation in the supply and use of cannabis and cannabinoids globally, and a corresponding change in societal attitudes. The position in the UK echoes the position globally, with the appetite for investing in the legal cannabis sector increasing rapidly. However, investing in the cannabis sector remains a potential legal minefield, especially since the domestic regulatory regime is complex and investors and businesses will also need to be mindful of the extra-territorial reach of the Proceeds of Crime Act (POCA).