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The Intersection of Cannabis and Corporate Law: Navigating Complex Federal and State Laws


Level: Advanced
Runtime: 58 minutes
Recorded Date: July 11, 2023
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Agenda

Key topics include:
  • Cannabis: Recent Regulatory Trends and Developments
  • Status of Cannabis Legalization Under State and Federal Laws
  • Common Challenges Faced by Legal Practitioners
  • Practical Tips to Navigate Complexities
  • What Lies Ahead

For NY - Difficulty Level: Experienced attorneys only (non-transitional)

Description

The unceasingly evolving field of cannabis continues to bring complex regulatory challenges among businesses and legal practitioners. Although still illegal under federal law, several states and territories in the US have already legalized the use of cannabis for both medical and recreational purposes. In April 2022, the U.S. House of Representatives passed the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. If passed by the Senate, the MORE Act would abolish criminal penalties for federal cannabis offenses, decriminalize cannabis at the federal level, and expunge past federal cannabis convictions.

Cannabis businesses and legal practitioners must keep themselves updated on any developments in this field to navigate the ever-changing regulatory paradigm of the cannabis market and avoid legal pitfalls.

Listen as experienced cannabis consultants and lawyers Whitney Hodges (Sheppard Mullin) and Shay Aaron Gilmore (The Law Office of Shay Aaron Gilmore) provide the audience with a comprehensive discussion of the current regulatory developments in the cannabis industry as well as the surrounding issues that legal practitioners should be wary of. Speakers, among other things, will offer practical tips and strategies to navigate this rapidly evolving legal climate.

Provided By

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Panelists

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Shay Aaron Gilmore

Attorney at Law
The Law Office of Shay Aaron Gilmore

A California lawyer for over 20 years, Shay Aaron Gilmore advises and counsels exclusively cannabis operators and investors throughout the legal supply chain in business transactional, corporate and regulatory matters. Focusing on mergers and acquisitions, financings, corporate governance, and commercial contracts, Shay provides outside general counsel services to some of the most successful operators and investors in the cannabis industry. Shay is a member of the Board of Directors of the International Cannabis Bar Association and the Immediate Past Chair of the Bar Association of San Francisco Cannabis Law Section. Super Lawyers Magazine has rated Shay as a Northern California Super Lawyer in Business and Corporate Law and in Cannabis Law as well. The Los Angeles/San Francisco Daily Journal has named Shay to its list of the Top 20 Cannabis Lawyers in California. Shay serves as a member of the San Francisco Cannabis Oversight Committee, reporting to the Board of Supervisors and the Mayor of the City & County of San Francisco. Shay holds a B.A. in Economics from Rice University, and a J.D. from The University of Texas School of Law.

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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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