Tag Archives: David Feldman

Meet the Duane Morris Lawyers Who Are Working on Some of the Biggest Deals in the Booming Marijuana Industry

With the rapid spread of marijuana legalization in the US, lawyers are discovering that the tangled web of regulations guiding the rapidly growing industry is a boon for business. …

There are several key reasons lawyers are attracted to the marijuana industry. For one, as cannabis companies grow, merge, and start getting the attention of Fortune 500 corporations as acquisition targets, they need more sophisticated advice on financing, tax planning, corporate structure, and M&A. …

That’s an opportunity to a select group of lawyers who have cut a trailblazing path into the industry. Once reluctant, some of the biggest law firms, like Duane Morris, Baker Botts and Dentons, are building out specialized cannabis practice groups as the industry continues to grow in profitability and complexity. …

Business Insider has pulled together a list of the top lawyers who’ve worked on the largest deals in the past year in the growing marijuana industry.


Seth GoldbergDavid FeldmanJen FisherNeeraj Kumar: Duane Morris

Firm: Duane Morris

Location: Philadelphia, New York, and San Francisco

Duane Morris has staked out big territory: It’s one of the few AmLaw 100 firms marketing its cannabis practice group, said Neeraj Kumar, an associate at the firm who works on cannabis issues.

“This is a very good opportunity for our firm,” said Seth Goldberg, the chair of the firm’s practice in Philadelphia. Cannabis is one of the “few emerging markets that has multibillion-dollar potential.”

Goldberg, a seasoned trial lawyer with decades of experience, said he spearheaded the firm’s involvement in the industry in 2014 after Colorado became the first state to allow recreational pot shops.

And for Kumar, the opportunity to become an expert in a field where there’s “a new development every week” was something he couldn’t turn down.

Duane Morris represented iAnthus, a US cannabis company, in its $640 million merger with MPX Bioceutical, also the first public-to-public transaction in the US cannabis industry. Further, the firm has advised investors on real-estate acquisitions.

For more information, visit the Business Insider website.

Duane Morris Partners Named Cannabis Law Trailblazers

Congratulations to Duane Morris partners Seth A. GoldbergChristiane Schuman Campbell and David N. Feldman, who were recently named Cannabis Law Trailblazers by National Law Journal.

The inaugural list honors individuals “who are involved in all areas of cannabis law from helping regulate the marketing to providing licensing to new companies.” Duane Morris is one of only three Am Law 100 firms represented on the list.

To read the full press release, please visit the Duane Morris website.

David Feldman Presenting at Women Grow Conference in Denver

David Feldman Duane Morris’ David Feldman will be presenting at the Women Grow 2018 Leadership Summit in Denver on February 2, 2018. David’s presentation, on a panel entitled, “Know the Law,” will focus on the origins of US federal criminalization of cannabis and current challenges under continuing federal restrictions.

Women Grow was created to connect, educate, inspire and empower the next generation of cannabis industry leaders by creating programs, community and events for aspiring and current business executives. Founded in 2014 in Denver, Women Grow is a for-profit entity that serves as a catalyst for women to influence and succeed in the cannabis industry as the end of marijuana prohibition occurs on a national scale.

West Virginia Joins Legal Cannabis List

Last week WV Governor Jim Justice (great name) signed into law a bill passed by the state legislature to permit the production and sale of medical marijuana in the state. This makes West Virginia the 29th US state to legalize medical marijuana. It is also one of the few states acting through legislation rather than requiring approval of the voters in a referendum.

It does seem that the legalization train is very much out of the station and it appears only a matter of time before most, if not all states permit at least medical marijuana. There is more and more evidence of the potentially wide range of help for illnesses and maladies well beyond simply helping chemotherapy patients reduce nausea. For example, earlier this year a case was studied seeming to indicate that cannabis extract can be used to treat serious wounds.

Our President and his spokesman both have indicated their support of legalizing medical marijuana. In the meantime, we continue to carefully monitor the interplay between the state and federal regimes.