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Cassels Included on the Insider’s List of Top Cannabis Law Firms

05/28/2021

Cassels has been included on the Insider’s list of top cannabis law firms. We are recognized as one of just seven firms in the world leading recent “marijuana megadeals.”

Writes the Insider: “The cannabis industry is in the grips of deal mania as companies race for scale…. But cannabis mergers and acquisitions are unlike M&A in other industries because cannabis is federally illegal in the US. That heightens the need for specialized lawyers who understand the intricacies of doing business in the industry.”

Cassels is listed for having “represented some of the largest companies on the biggest deals since dipping its toes in the industry in 2014.”

In particular, the Insider identifies Jonathan Sherman and Jamie Litchen as key individuals in the field, who note: “At Cassels, we have been fortunate to be at the forefront of cannabis M&A activity since inception of the Canadian cannabis industry. As the market continues to develop, both in Canada and the United States, companies are actively looking for accretive acquisition opportunities. In addition, with U.S. cannabis legalization efforts continuing to progress, many companies are looking at opportunities to cement themselves as market leaders in advance of the inevitable competition.”

Read more here. (Subscription required.)