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Cannabis

Duane Morris LLP

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The practice at Duane Morris LLP is known for assisting businesses and individuals at every level of the cannabis supply chain with corporate, transactional, and regulatory mandates, litigation, and cannabis-related tax, real estate, and IP matters. The group’s varied client roster often features state-licensed marijuana and hemp cultivators, processors, distributors, and dispensaries, as well as businesses that render services to the cannabis industry. The department is co-directed by a trio of experienced partners. Philadelphia-based Seth Goldberg, lauded as a ‘lawyer’s lawyer with a steady hand’, advises industry players and investors on regulatory and business matters pertaining to their legal cannabis activities. Over in Las Vegas, corporate specialist Tracy Gallegos handles M&A, entity formation, corporate governance, and restructuring. In New Jersey, Paul Josephson focuses his practice on constitutional and regulatory litigation. Additional names to note include Los Angeles-based Justin Santarosa and New York-based Michael Schwamm, who focus on corporate work involving the cannabis sector.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Duane Morris' cannabis practice is simply the best in the country. They have the most thorough knowledge of our ever-changing industry and its regulatory landscape. Michael Schwamm - outstanding legal expertise and willingness to understand our individual business needs and react and provide the best and most appropriate legal counsel at the time.'

  • 'What makes Duane Morris unique among peer firms is the entrepreneurial spirit of the cannabis practice, backed up by extensive institutional knowledge and experience of business. They created laws, regulations, and precedents that govern and protect the cannabis industry today and advised businesses how to operate within them.'

Key clients

  • BGP Acquisition Corp.
  • StateHouse Holdings

Work highlights

  • Represented Forian in the sale of Forian’s cannabis software subsidiary, Bio-Tech Medical Software, to Alleaves, a provider of ERP software solutions to the cannabis industry for a total purchase price of $30m in cash.
  • Advised Act Laboratories, a cannabis testing lab company with operations in six states, on its acquisition of CDX Analytics, a Massachusetts testing lab company.