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First off...if he's a federally convicted coke dealer, that would probably mean he was moving KILOS of cocaine at one time.
So even if he was still in business...nobody in your neighborhood would be able to buy any from him. He wasn't a "dealer". He was THE MAN. And people don't buy coke from the MAN unless you are Keith Richards.
You buy coke from the little guys who get ounces and cut it up into eight balls and grams.
The great probability is that he is under a lot of scrutiny anyway if he served time for a federal offense. He's no longer under the radar and his connections more than likely wouldn't deal with him anymore even if he wanted to.
Cocaine shouldn't be illegal anyway. So I wouldn't worry about it. I'd be more worried about the police state we live in that tells us what we can and can't do...right down to snorting a line of cocaine.
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