June 2021 – Cannabis Industry

June 24, 2021February 25, 2025 by Duane Morris

Duane Morris Cannabis Industry Group Ranked in The Legal 500

Duane Morris’ Cannabis Industry Group has been ranked in The Legal 500 US 2021 guide.

An excerpt from the publication:

Acting for central and ancillary cannabis industry clients, Duane Morris LLP stands out for its broad practice in the area, with regular activity in matters ranging from financings, M&A and joint ventures, to litigation, tax and regulatory issues. Publicly-traded companies, private funds, family offices and high-net worth individuals are among the team’s core clients.

Additional Key Attorneys Named: Nanette C. Heide; Michael D. Schwamm; David E. Landau

Testimonials

- - - “My key contact is Michael Schwamm. His team is excellent and very knowledgeable regarding cannabis matters.”
    - “Michael Schwamm is a leader in the group and provides excellent and prompt advice.”

For more information, please visit the firm website.

June 24, 2021June 24, 2021 by Duane Morris

Is Chapter 15 Available to a Cannabis MSO? In the Face of Uncertainty, Tread Lightly

Duane Morris partner Jarret P. Hitchings authored the INSOL World journal article, “Is Chapter 15 Available to a Cannabis MSO? In the Face of Uncertainty, Tread Lightly.”

On 31 March 2021, the State of New York legalized the use, possession, and growth of cannabis by adults. Within the United States, cannabis is now legal in 16 states including Washington D.C., with legalization taking effect in two more states, Virginia and New Mexico, later this year. This state-level trend toward legalization in the United States continues even though cannabis remains illegal at the federal level. However, in Canada, cannabis has been legal at both the federal and provincial levels since 2018.

To read the full article, please visit the Duane Morris website.

June 16, 2021 by Duane Morris

Webinar Replay: Big Money Meets Big Government: Greenlighting Mergers as State and Federal Regulators Step Up Scrutiny

A video replay of the webinar “Big Money Meets Big Government: Greenlighting Mergers as State and Federal Regulators Step Up Scrutiny” is available to view.

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June 11, 2021June 16, 2021 by Michael D. Schwamm

Confirmation of New York Cannabis Regulator Appointments Delayed

By Michael Schwamm

The Cuomo administration and New York lawmakers will delay the confirmation of cannabis regulator appointments until a special session after the June primary, POLITICO’s Anna Gronewold and David Giambusso report. The nominees remain a mystery as the widely expected pick to lead the new Office of Cannabis Management, Cuomo’s cannabis czar Norman Birenbaum, apparently has fallen out of favor amid pushback from some advocates and lawmakers.

June 9, 2021 by Duane Morris

Cannabis Talks with Arcview Group

On June 8, Duane Morris partners Michael Schwamm and Tracy Gallegos joined The Arcview Group as part of its monthly Cannabis Talks Instagram Live Series. Join Michael and Tracy on the second Tuesday of every month at 2:30 p.m. Pacific/5:30 p.m. Eastern for a discussion on cannabis industry issues.

To view replays, visit Duane Morris’ Instagram or website.