Our cannabis clients need trusted legal advisors who can provide guidance on how to comply with complex and fundamentally contradictory federal and local regulations. Although more states are legalizing marijuana for recreational and medicinal purposes, cannabis remains illegal under federal law. The burgeoning cannabis industry presents a wealth of opportunity for companies, investors, entrepreneurs and service providers that are able to successfully navigate this unique landscape. Our clients are key participants in an industry that has the potential to spur major economic development opportunities—boosting investment, creating jobs and raising revenue for states and municipalities through sales taxes and licensing fees.
We work with new and existing clients from a broad range of industry segments who see the opportunity of the cannabis market, including strategic companies, financial sponsors, investors, dispensaries, laboratories, marketers, advisors, manufacturers and distributors.
Working across offices, our attorneys leverage their experience in business structuring; commercial transactions; real estate; M&A; tax; intellectual property; local, state and federal laws and regulations; stock exchange listing requirements; dispute resolution; governmental enforcement; employment; health care; private equity; and more to provide a multi-faceted approach that covers every aspect of the sector.
We review, analyze and understand state medical and recreational marijuana laws, and how these laws work within the legal framework, to assist you in complying with existing laws and regulations. In addition to helping cannabis-related businesses get organized and operate successfully, we represent investors and acquirers as they consider and structure their investments in and acquisitions of cannabis-related enterprises and advise on intellectual property matters, including licensing and supply agreements, patents and trademark registration strategies.
Our work is international—we provide advice to the cannabis industry on a global scale.
Chicago Daily Law Bulletin | April 25, 2019
Chicago Complex Commercial Disputes associate Laura Bacon authored this article about the issues employers may face related to marijuana use policies and drug testing, as more states pass recreational and medical cannabis laws.
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Co-Leader, M&A and Corporate Transactions Team
Co-Leader, Cannabis Practice