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Cannabis Unleashed: Unveiling Legal and Business Fundamentals


Level: Intermediate
Runtime: 57 minutes
Recorded Date: June 04, 2024
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Agenda

1. Uneven Regulation
        • US-Federally illegal
        • US states-some places illegal, some places have medical marijuana only and some states have medical and adult use
        • Some places home grow is legal, some places not
        • Other Countries—Canada, Germany, Philippines

2.Major Consequences of Federal Illegality
        • Don’t pin great hope on DEA rescheduling
        • 280E
        • Real Estate
                - Ownership
                - Landlord Tenant Issues
        • Insurance

3. Navigating Ownership Limitations

4. Financing

        • Debt
        • Equity—Reg D compliance is essential whether the investment is $100K or $1M
        • Avoid bad actors

5.Takeaway: Build a solid team


For NY - Difficulty Level: Both newly admitted and experienced attorneys

Description

The cannabis industry is experiencing unprecedented growth, yet navigating its legal and business landscape presents unique challenges. Enter Cannabis Unleashed: your indispensable guide to thriving in this dynamic market.

Join Karl P. Frederic of Windels Marx and Whitney Hodges of Sheppard Mullin in this CLE webcast as they unveil the essential legal and business fundamentals crucial for success in this rapidly expanding industry.

Provided By

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Panelists

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Karl P. Frederic

Partner
Windels Marx

Karl Frederic is a Partner in the law firm of Windels Marx Lane & Mittendorf, LLP. He conducts a multi-disciplinary practice focusing on real estate development, leasing, construction and related workout and litigation matters. In his national practice, he has handled transactions across the full spectrum of real estate assets, ranging from retail centers and corporate headquarters to the MetLife Stadium. He has a particular focus on and demonstrated experience in real estate matters involving the pharmaceutical, healthcare and bio-tech industries. He has provided services to global technology firms, pharmaceutical conglomerates, educational institutions and healthcare companies. He also advises clients on acquisitions and the repositioning and expansion of existing developed assets. As the cannabis industry has risen over the past few years, Mr. Frederic has expanded by applying his experience in life sciences to the needs of this sector. He has developed significant contacts throughout the cannabis industry, representing trade groups, cultivators and CBD start-ups.

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Whitney Hodges

Partner
Sheppard Mullin

Whitney Hodges is a partner in the Real Estate, Land Use and Natural Resources Practice Group in the firm’s San Diego office. She is the leader of the firm’s Cannabis Industry Team and serves on the firm’s Pro Bono, Recruiting and Diversity & Inclusion committees, as well as numerous industry specific teams. Whitney’s practice focuses on the representation of clients involved in real estate development and environmental compliance. Specific to cannabis operators and ancillary service providers, Whitney advises and represents through all phases of the regulatory process, including due diligence investigations, negotiating and drafting transactions agreements, processing land use entitlements, advising on environmental and natural resources law, and appearing before governmental agencies and commissions.


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