Canadian Prime Minister Justin Trudeau introduced legislation late last week that would legalize the recreational use of marijuana north of the border. The measure, should it pass as expected in Canada's Parliament, which is controlled by Trudeau's Liberal Party, would make Canada the second nation after Uruguay to legalize the cannabis plant as a consumer product.

Feuerstein Kulick, a five-lawyer boutique in New York set up a year ago this month by former Herrick, Feinstein partner David Feuerstein and ex-Greenburg Traurig associate Mitch Kulick, has already seen a spike in interest from clients seeking to invest in the Canadian marijuana market as part of a broader change in attitude towards legal weed.

“I think the public overwhelming favors legalized marijuana,” Feuerstein said this week.