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June 18, 2019

Sadis & Goldberg Formalizes Practice Group for Clients Navigating the Cannabis Industry

Over the last thirty-six months, Sadis & Goldberg has assembled a cross-practice Cannabis Practice Group to provide greater legal insight to businesses operating in this rapidly growing and dynamic industry where state, federal and international regulations remain in transition.

"Our clients needed guidance on how to navigate the rapidly changing legal landscape of the cannabis industry," said Ron Geffner, Partner at Sadis. "We felt that the best way to meet this need was to build a practice group as the cannabis industry advances. The group provides a host of services including: structuring and formation of private funds, direct investments in cannabis and businesses ancillary to cannabis, compliance and regulatory matters, litigation and disputes, lending transactions, mergers and acquisitions in connection with the acquisition or sale of a company and real estate transactions."

Recent select experience includes assisting with conducting an offering in compliance with U.S. Securities laws, advising on and structuring cannabis venture capital funds, providing local, state and federal tax advice, structuring and regulatory advice, negotiating terms of investment and litigation.

In addition to advising clients in the cannabis industry, we have been thought leaders at industry events, discussing the legal, regulatory, and business issues important to various players in the cannabis markets, including investors, entrepreneurs, private equity and other fund managers, and family offices. Additionally, in response to this interest, in 2018, we launched an ongoing webinar series discussing the nuances of investing in the cannabis space.

Meet the Sadis Cannabis Practice Group