Gould + Ratner
Print

Cannabis and Regulated Industries

Gould & Ratner’s practice for clients who develop, produce, distribute, and deliver in the cannabis and other regulated industries continues to expand.  Our attorneys are well-experienced at nimbly navigating the complex federal, state and local regulatory schemes in a variety of regulated industries ranging from cannabis to alcohol to other emerging markets. Additionally, our team has advised chambers of commerce and state governments regarding a variety of aspects of the business such as investing, legal and compliance matters, trends and outlook, business challenges, and innovation.

Our attorneys have represented cannabis companies around the country, from start-ups to publicly traded companies, on a variety of corporate formation, commercial contracting matters, mergers and acquisitions and financings, along with trusted regulatory counsel, among other counsel.  

We have assisted cannabis providers in navigating complex regulatory, compliance, and licensing matters.  More broadly, we serve as strategic advisors for clients involved in controlled substances and emerging markets, attending to key contracts, governance, compliance, tax, real estate, regulatory, construction, intellectual property, litigation, and labor and employment matters.  

Likewise, our attorneys are experienced in advising companies in the alcoholic beverage space. Recently, Gould & Ratner represented a startup whiskey distillery in a unique funding arrangement, leveraging barrels of young product as collateral for financing.  Industry knowledge that whiskey takes three years to mature empowered our attorneys to craft a vehicle for securing capital needed to enhance production and expand inventory.  

Similarly, we represented a whiskey distillery in securing cobranding partnerships helping open untapped markets.  Our attorneys have represented family offices in the sale of various cannabis license assets, manufacturers in transacting $10M+ deals, and founders in the corporate formation, governance, and initial capital raises for cannabis start-ups. 

Most recently, given the emergent nature of the psychedelics industry, our attorneys have advised clients on a wide range of matters arising from the industry. For example, the firm has advised clients interested in developing hospitality concepts (inclusive of corporate, real estate, regulatory and construction, among other needs) ancillary to the psychedelics space. Moreover, in anticipation of evolving regulations in states like Colorado, our attorneys have advised clients on developing strategic plans related to prospective participation in the industry.

More

Representative Matters

Open/Close
  • Represented a Colorado-based whiskey company in a licensing partnership with the athletic program at a major university.
  • Represent family office as the seller of various cannabis license assets in a series of transactions exceeding $5 million aggregate.
  • Represented cannabis manufacturer as the seller of in a transaction exceeding $13 million in value.
  • Represent start-up cannabis in corporate formation, corporate governance, raising initial capital in excess of $5 million and commercial contracting matters.
  • Represent cannabis retail dispensary and related entities on ongoing matters as sublandlord, and previously, as the seller of its business assets and in the sublease of its leasehold interests pursuant to a master ground lease in a transaction exceeding $4 million in value.
  • Represent numerous companies (including multi-state operators) in industry-specific regulatory compliance, and complex multistate compliance strategies, ranging from jurisdiction-specific legislative and regulatory issues to jurisdictional surveys, inclusive of cannabis (both marijuana and hemp), alcoholic beverages, psychedelics and other regulatory and administrative law matters.
  • Represent client in the purchase of and/or application for a series of liquor licenses, along with related corporate formation, corporate governance, real estate purchase and leasing considerations, for a planned series of 5-10 facilities in southern Colorado.
  • Represent numerous landlords concerning matters relating to preservation, maintenance and/or transition of liquor licenses to inure to the benefit of incoming tenants and other related considerations.
  • Represented publicly-traded company in the strategic deployment of over $300 million of assets in the cannabis industry, including advisement corporate, strategic and regulatory considerations.
  • Represent numerous companies in regulatory compliance matters, ranging from FDA and FTC compliance in marketing and labeling; data privacy; Prop 65; to import/export.
  • Represent hemp industry stakeholders appellate challenges in federal appellate court in 2017 and 2020 challenges to DEA rulemaking.
  • Advised numerous federal, state, local and tribal governments in drafting of legislation and promulgation of corresponding regulation to establish commercialized regulatory schemes.
  • Represented association of Colorado hemp companies in lobbying and advocacy efforts.
  • Senior secured loan for acquisition financing.
  • Mortgage finance in connection with acquisition.
  • Structure and implement multistate merger between two competitors.
  • Raise funds for unsecured debenture loan to Canadian public company.
  • Significant due diligence in connection with large merger transaction.
News Highlight
A True Colorado Blend: Gould & Ratner Advises Laws Whiskey House in Partnership With CU Athletics
Gould & Ratner’s Corporate team helped its client Laws Whiskey House negotiate a first-of-its-kind licensing partnership with the University of Colorado’s Athletics program. Through this partnership, Laws has been named the Official Whiskey of CU Athletics.
More
Gould & Ratner's attorneys have represented cannabis companies around the country, from start-ups to publicly traded companies, on a variety of corporate formation, commercial contracting matters, mergers and acquisitions and financings.