Overview


The legal cannabis industry is expected to triple to $32 billion by 2022 and to more than $47 billion by 2028. With private equity, cosmetic, alcohol and non-alcohol beverage, health and wellness companies beginning to invest, the cannabis industry continues to grow and evolve at a rapid pace. This anticipated investment and growth, combined with an expanding list of states legalizing marijuana for medical and recreational use, has led to rapid changes to legislation and regulations that are important for companies to carefully consider.

McDermott’s multidisciplinary team of lawyers provides clients with regulatory, litigation, intellectual property, trade and tax services with respect to their investments and participation in the cannabis industry, all subject to the Firm’s obligations under federal and state laws and bar licensure rules.

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Results


Investors

  • Advising private equity and family office investors on the federal law risks of investments in businesses operating in the cannabis industry
  • Providing strategic regulatory advice to a leading international alcohol company on the risks that an investment in cannabis companies may pose to their federal and state alcohol permits and licenses

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People


A diverse, global network of industry-leading talent committed to you and your vision.