Cannabis

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Wiggin and Danaโ€™s Cannabis Practice Group is uniquely suited to address the evolving needs of key players within the rapidly growing cannabis industry. By leveraging the firmโ€™s extensive corporate and governance, health care, emerging company, venture capital, real estate, dispute resolution, intellectual property, labor and employment, licensing, litigation, and regulatory compliance experience across a variety of key practice areas, our attorneys help navigate cannabis producers and dispensaries through the ever-growing and complex federal, state and local regulations governing one of the fastest growing industries in the U.S. We advise cannabis companies and their investors in their early stages, and in follow on venture capital rounds and licensing, as well as providing established companies with advice regarding ongoing regulatory compliance, corporate governance, mergers and acquisitions and other matters.

We believe strict compliance with the statutes, regulations and rules governing the sale and cultivation of cannabis is essential to success in a highly regulated industry. Yet, we understand the importance of providing practical, business-driven legal advice to cannabis companies throughout their life cycle. Our long-established regulatory and consumer protection practice, which regularly counsels clients on the complex regulatory regimes, positions us well to serve as our clientsโ€™ key advisors and counselors as they expand their presence and influence within the ever-changing and expanding cannabis industry.

Our Cannabis Practice Group prides itself on its multidisciplinary team, with members collaborating and providing legal advice on an array of related matters, including, corporate and governance, financing transactions, tax, real estate, zoning and land-use, employment and benefits, licensure and regulatory compliance, HIPAA, privacy and insurance. As a full-service law firm, we are ideally equipped to advise cannabis clients with legal matters as they arise. We are committed to helping our cannabis clients understand the complex issues facing them, and value our role as trusted advisors who stand ready to help our clients position themselves as the cannabis industry leaders of tomorrow.

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Experience

  • Representing several Connecticut medical dispensaries in acquiring state licenses;
  • Representing a Connecticut-based cannabis producer in its sale to a strategic buyer;
  • Representing cannabis-adjacent biotech companies on corporate, commercial contract and capital raising matters;
  • Representing Connecticut-based cannabis companies in commercial real estate transactions;
  • Representing a New England-based recreational cannabis dispensary group in corporate governance, financing, commercial, and real estate matters and strategic transactions;
  • Representing a Maryland-based medical dispensary in a strategic investment and structured acquisition by a private-equity sponsor;
  • Representing a social equity applicant in Connecticut in obtaining both cultivation and retail licenses for her multi-state operator backer, including litigation and successful appeal of where a license was originally rejected; and
  • Advising bank holding company client on applicability of and compliance with US KYC, AML and other requirements for customary banking and credit services provided to cannabis businesses.

Firm Highlights