Oakland-based Wendel Rosen offers clients a long and successful history navigating California’s cannabis laws and the necessary tools to help them thrive in an industry that is experiencing exponential growth.
The firm’s attorneys began advising cannabis clients in 2004 when Oakland became one of the first California cities to permit medical cannabis dispensaries. The state’s July 2017 consolidation of medical and recreational cannabis laws and the issuance of state licenses in January 2018, reflect the reality that cannabis is evolving into a sophisticated, regulated and highly-profitable industry requiring a broad range of legal services.
By 2020, California and U.S. legal marijuana sales are expected to exceed $7 billion and $20 billion respectively. This rapid expansion has generated the need for legal services related to business transactions including financing and mergers and acquisitions, areas in which Wendel Rosen excels.
Wendel Rosen’s early experience with marijuana regulations and its breadth of business law expertise ideally position the firm to advise clients during this pivotal time. As a full-service business law firm, Wendel Rosen is equipped to handle the needs of established and new cannabis enterprises. The firm’s attorneys counsel cannabis companies on everything from entity formation and fundraising, to real estate, regulatory compliance and general business. Increasingly the firm is representing clients in cannabis business litigation. Wendel Rosen services particularly relevant to cannabis businesses include:
- Business Entity Formation
- Business Contracts
- Real Estate Transactions
- Land Use
- Mergers and Acquisitions
- Regulatory Compliance
- Licensing and Intellectual Property
- Government Affairs