Cannabis
Cannabis companies require careful guidance as the industry undergoes rapid change. Jenner & Block was there from the beginning, and today we serve some of the most prominent American and Canadian cannabis operations and finance sources. We analyze and anticipate regulatory changes ahead to support the market leaders who aim to remain in that position, helping them actively shape this evolving industry. Jenner brings more than two decades of American/Canadian cross-border industry experience to the cannabis sector.
Experience
- Represented Cresco Labs in a reverse take-over transaction and public listing on the Canadian Stock Exchange, resulting in a public company with a $1 billion+ market capitalization.
- Represented Green Thumb Industries (GTI) in connection with its US IPO, whereby GTI sold 3.1 million registered subordinate voting shares for a total of $100,000,000.
- Represents Aurora Cannabis, a Canadian licensed cannabis producer, in US securities and general corporate matters.
- Guided an investment management firm on US and UK laws in connection with proposed divestment of a portfolio company to a marijuana-related business.
- Secured the dismissal of a proposed securities class action alleging that Curaleaf, a multistate medical cannabis operator, caused a drop in its share prices by improperly marketing products.
- Represented Curaleaf in multiple disputes with investors.
- Advised a manufacturing company with legal issues regarding selling products to customers in the cannabis industry.