Appears like they don’t intend to do issues by half…….
Their Press Launch
Sheppard Mullin Launches Hashish Trade Crew
Cross-practice Group Brings Collectively Firmwide Expertise to Assist the Quick-Rising Hashish Trade
June 4, 2019
Sheppard, Mullin, Richter & Hampton LLP is happy to announce the launch of a brand new Hashish Trade Crew. At present, the workforce is comprised of greater than 70 attorneys from 12 of the agency’s places of work.
“With worldwide authorized cannabis spending at greater than $12 billion in 2018 and projected to develop to nearly $17 billion in 2019, now greater than ever cannabis trade companies want good, sound, skilled authorized recommendation,” mentioned Sheppard Mullin companion Whitney Hodges, chief of the agency’s Hashish Trade Crew. “Sheppard Mullin’s Hashish Trade Crew gives a one-stop store for purchasers and is able to deal with even probably the most daunting challenges our cannabis purchasers face. Our workforce screens notable trade traits and legislative developments to supply well timed steerage to purchasers searching for to navigate the maze of often-conflicting federal, state and native legal guidelines and rules governing cannabis.”
Added Sheppard Mullin managing companion Robert Beall, “Two-thirds of the states and the District of Columbia now allow leisure or medical cannabis use in some kind, so cannabis companies typically have bother discovering well-versed legal professionals with mainstream regulation companies to signify them. Our breadth and depth of expertise makes us ideally poised to fill that void.”
A few of Sheppard Mullin’s cannabis trade purchasers embody MassRoots, JoshD Farms, Uniqorn Capital Investments, Mextraction LLC, and Cannelure Companions LLC. The agency at present has greater than 40 energetic purchasers within the cannabis trade.
About Sheppard Mullin’s Hashish Trade Crew
Sheppard Mullin’s Hashish workforce, led by San Diego companion Whitney Hodges and Los Angeles affiliate Sarah Blitz, helps cannabis and ancillary companies, together with hemp CBD-based or infused merchandise firms, with a big selection of points attendant to authorized cannabis enterprise actions, together with regulatory compliance, elevating and deploying capital, banking and finance, accounting management and anti-money laundering compliance, actual property improvement and leasing, litigation, mental property, public firm illustration and SEC filings, land use and zoning, investigations and taxation. Along with advising contributors within the medical and adult-use marijuana industries, because the trade has grown, Sheppard Mullin attorneys skilled in cannabis-related points continuously advise purchasers in different sectors whose companies intersect with the cannabis trade, together with actual property improvement, banking and financing, insurance coverage and employment.
Co Crew Leaders are
Sarah Blitz is an affiliate within the Enterprise Trial Follow Group within the agency’s Los Angeles workplace. She is the chief of the agency’s Hashish trade workforce and a member of the agency’s Meals and Beverage trade and Product Legal responsibility groups.
Areas of Follow
Sarah focuses on business and enterprise litigation. Her apply entails issues in state and federal courtroom, together with enterprise torts, merchandise legal responsibility, skilled legal responsibility, breach of contract, breach of fiduciary duties and allegations of unfair enterprise apply and fraud.
Sarah additionally advises cannabis firms and ancillary companies on regulatory compliance. She additionally counsels client merchandise producers and distributors on merchandise legal responsibility and regulatory compliance points. Sarah additionally gives regulatory and product legal responsibility recommendation throughout acquisitions of client product and supplies firms.
Sarah is skilled in all elements of California and federal civil process, together with movement apply, arguing motions in courtroom, taking and defending depositions, trial and various dispute decision proceedings. She additionally has important appellate and writ expertise earlier than the California Courtroom of Attraction.
Exterior the agency, Sarah is concerned with the Alliance of Mothers. She previously served on the Advisory Council for Metropolis Students Basis. Sarah can be energetic with the Anti-Defamation League and a participant within the Glass Management Institute.
Whitney Hodges is a companion within the Actual Property, Land Use and Pure Sources Follow Group within the agency’s San Diego workplace. She is the chief of the agency’s Hashish Trade Crew and serves on the agency’s Range and Inclusion Committee, Professional Bono Committee, Recruiting Committee, Vitality Crew, Multi-Household Crew and Latin Enterprise Crew.
Areas of Follow
Whitney’s apply focuses on the illustration of purchasers concerned in actual property improvement. She advises and represents main residential, industrial, business and mixed-use improvement initiatives, in addition to Native American Indian tribes and renewable power builders via all phases of the land use regulatory course of and environmental compliance. Her land use expertise contains actual property due diligence investigations, negotiating and drafting improvement agreements, processing land use entitlements, advising tribal governments on environmental and pure sources regulation, and showing earlier than governmental businesses and commissions. She additionally represents builders and administration in conventional labor regulation points, together with union negotiations. Whitney additionally advises cannabis firms and ancillary companies on state and native regulatory compliance and.
Actual Property Growth
Actual property improvement has grown more and more advanced and controversial requiring data of relevant federal, state and native legal guidelines, in addition to the flexibility to work with a variety of various pursuits together with governmental company employees, elected officers, landowners, environmental organizations and citizen teams. Whitney’s capability to work with such various pursuits to develop artistic, sensible and economical options is demonstrated by her involvement within the profitable approval and allowing of a number of residential, business, industrial and mix-used developments in the course of the previous a number of years. Present initiatives embody redevelopment, infill and mixed-use developments all through southern California, together with San Diego, Los Angeles and Riverside counties.
Whitney has assisted private and non-private sector purchasers in acquiring permits and approvals from numerous federal businesses, and has efficiently guided purchasers via the maze of federal, state and native environmental clearances needed for improvement together with the necessities of the Nationwide Environmental Coverage Act (NEPA), California Environmental High quality Act (CEQA), California Fish and Recreation Code, Subdivision Map Act, California Neighborhood Redevelopment Regulation (together with related dissolution laws and successor statutes), California Coastal Act, Clear Water Act, Endangered Species Act, California Superfund Regulation, Tribal-State Compacts, and A number of Species Conservation Packages (MSCP).
Whitney additionally has important expertise in working carefully with purchasers and consultants on due diligence overview of land use points, which incorporates native zoning ordinances, normal plans, redevelopment company plans, and associated land use restrictions. Her working data of environmental constraints and the event course of proves invaluable when investigating the potential buy of actual property and the next preparation of acquisition paperwork.
An skilled litigator, Whitney has dealt with actions involving improvement disputes, environmental compliance, actual property transactions, and union disputes. She has represented builders in advanced civil litigation and defended challenges to improvement approvals.
Whitney serves as normal counsel for the San Diego Humane Society and is a registered lobbyist with the Metropolis of San Diego, the County of San Diego, San Diego Regional Airport Authority, the San Diego Port Authority and the Metropolis of Los Angeles. Moreover, Whitney is also a dedicated professional bono lawyer and, in 2016, she was honored with the agency’s Bob Gerber Professional Bono Legal professional of the 12 months Award in recognition of her dedication to volunteering authorized companies to these in want.
The Bloomberg report ………
The California-founded agency mentioned on Tuesday it might launch a workforce of 70 attorneys from 12 places of work centered on the cannabis trade, which one of many agency’s companions mentioned will account for $12 billion in world spending in 2018.
Illinois final week turned the 11th state to decriminalize marijuana and the primary to make the sale of leisure marijuana authorized by way of the state legislature, based on the Nationwide Convention of State Legislatures. It stays unlawful beneath federal regulation.
Not less than a dozen different Large Regulation companies market cannabis practices, together with Duane Morris, Fox Rothschild, Seyfarth Shaw, Akerman, Dorsey & Whitney, Goodwin Procter.
Some Large Regulation companions even have profited from investing within the trade. A trio of Polsinelli companions left the agency in 2015 to launch a medical marijuana firm that was offered final yr for $682 million.
For its half, Sheppard Mullin mentioned it advises greater than 40 purchasers energetic within the cannabis trade, together with MassRoots, JoshD Farms, Uniqorn Capital Investments, Mextraction LLC, and Cannelure Companions LLC.
The Sheppard Mullin workforce, led by San Diego-based companion Whitney Hodges and Los Angeles-based affiliate Sarah Blitz, advises purchasers on points associated to regulatory compliance, capital elevating, banking and finance, accounting management and anti-money laundering compliance, amongst different areas. The agency additionally advises enterprise corresponding to banks that do enterprise with cannabis trade purchasers.
Hodges, an actual property and land use companion, made her first foray into cannabis regulation by writing an article in January relating to the authorized issues for landowners renting to companies within the cannabis trade.
Sheppard Mullin’s administration debated the thought of promoting a cannabis apply for “many months if not years,” Hodges mentioned. One issue that she mentioned might have swayed them: U.S. Legal professional Common Invoice Barr’s extra relaxed stance towards prosecuting cannabis crimes in comparison with his predecessor Jeff Classes.
“All the individuals within the [Trump] administration will agree [cannabis] is federally unlawful, however Classes was adamant he would go after cannabis cultivation and processing and Barr has not articulated the identical level,” Hodges mentioned. “He’s not as vehement within the prosecution as Classes introduced.”
The agency’s cannabis-focused attorneys have supplied counsel for purchasers on points together with actual property, mental property and regulatory developments. The Meals and Drug Administration, for instance, held hearings final week on regulating CBD, a cannibis product formally often known as Cannabidiol, which has proliferated in merchandise starting from ache relievers to canine treats.
“Hashish companies typically have bother discovering well-versed legal professionals with mainstream regulation companies to signify them,” mentioned Sheppard Mullin managing companion Robert Beall. “Our breadth and depth of expertise makes us ideally poised to fill that void.”
Supply . https://information.bloomberglaw.com/us-law-week/sheppard-mullin-latest-big-law-firm-to-launch-cannabis-practice