Cannabis

Gesmer Updegrove has been working with both multi-state operators (MSOs) as well as start-ups in the cannabis space since the early days of the industry. Our lawyers have experience on both the medical and adult-use side, helping cannabis clients in the areas of company formation, equity compensation, joint ventures, 280E taxation, banking, financing, intellectual property, litigation, employment law and acquisition transactions. Gesmer Updegrove’s corporate clients have licenses for dispensaries, processors and cultivation sites, and include the largest cannabis company in the world, “mom and pop” local businesses, cannabis venture funds, and angel investors in this space.

Gesmer Updegrove attorneys have years of deep expertise in complex mergers and acquisitions in the cannabis industry, having negotiated and closed 50+ M&A transactions, ranging from small deals to acquisitions involving many hundreds of millions of dollars. Our attorneys have structured sophisticated transactions nationwide, working with local counsel to navigate the complex and ever-changing business and legal regulatory framework across dozens of states. Our attorneys have significant experience with day-to-day operating agreements in this space, including management service agreements, product supply agreements, host community agreements, and the like.

Read more about one of GU’s cannabis clients.