Higher Law: Pot Law and Po'Boys | Valuation Vexation | Plus: Who Got the Work
New Orleans is the place to be this week for the MJBizCon NEXT conference and the National Cannabis Bar Association's cannabis law panels. Catch up with Steve Schain of the Hoban Law Group. Plus: A snapshot on valuation challenges in the industry, and scroll down to see who got the work.
May 10, 2018 at 07:00 AM
4 minute read
Welcome back to Higher Law Cheryl Miller Tips? Story ideas? What's on your plate (and please don't say gumbo)? Drop me a line at [email protected] or call 916.448.2935. Follow me on Twitter at @capitalaccounts.
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Pot Law and Po' Boys
for the MJBizCon NEXT conference and the National Cannabis Bar Association 
Steve Schain of the Hoban Law Group bipartisan federal legislation a Ninth Circuit ruling an overall loss for hemp growers and manufacturers
|Valuation Vexation
Here are some takeaways from the event: Emily Burns Offit Kurman Vanita Spaulding Cogent Valuation Eric Foster Dentons
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Who Got the Work
- Earlier this month we noted Weedmaps' big lobbying and campaign spending in California. The federal lobbying database shows the online dispensary locator spent $65,000 on two D.C. lobbying firms in the first quarter. Nelson Mullins Riley & Scarborough, including lobbyist and former Pennsylvania Rep. Ron Klink, got $50,000 for work on banking restrictions, tax policy and other issues affecting the marijuana industry. Weedmaps also paid Liberty Government Affairs $15,000 for work on appropriations bills and "legislation promoting federalism in marijuana laws."
- Nevada state Sen. Richard "Tick" Segerblom has joined the board of directors of Freedom Leaf Inc. Segerblom introduced Nevada's first medical marijuana bill, and he championed the 2016 ballot measure that authorized recreational sales in the state. Las Vegas-based Freedom Leaf operates marijuana media companies and hemp businesses.
- Barton Morris, principal attorney at the Cannabis Law Group in Royal Oak, Michigan, is representing medical marijuana growers challenging a newly enacted city of Troy ordinance capping the number of licensed grows in the city's boundaries at 36, according to the Daily Tribune News. Troy is represented by city attorney Lori Grigg Bluhm.
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In the Weeds
Caesars Entertainment Corp. will stop testing some job candidates for marijuana use. Las Vegas Review-Journal Marijuana Public Policy founder Rob Kampia is leading efforts to fund a super PAC Washington Examiner California's cannabis excise tax revenues are falling short of projections. California Legislative Analyst's Office Meanwhie, in Colorado Orrick, Herrington & Sutcliffe Justin Cooper Bloomberg Is U.S. Attorney General Jeff Sessions the best thing that ever happened to the marijuana legalization movement? USA Today If you need more proof of how attitudes toward marijuana have changed Leafly
|What's Next: Mark Your Calendars
---> May 17-18 Duane Morris NYC Cannabis Law Summit Shaleen Title Greenspoon Marder Heather Burke Duane Morris Patricia Heer ---> May 17 Cannabis Advisory Committee ---> May 19-20 CannaGrow Expo Dana Cisneros Cannabis Corporate Law Firm Jon Jacobs Jacobs Law Firm Travis Bliss Buchanan Ingersoll & Rooney May 21-22 Institutional Capital and Cannabis Conference Dickinson Wright K. Lance Anderson Puzzle Group Law Firm Aaron Herzberg Jamie Nawaday Kelley Drye & Warren
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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