The firm, which has more than 175 attorneys in New Jersey, New York, Alabama, Florida and Washington, D.C., said the new practice group will work with entities in the medical marijuana programs in New Jersey and Florida, as well as counseling clients on additional markets as they open up.
“We are a full-service law firm and specialize in areas of law which are critical to the cannabis industry, from corporate formation, health care, compliance, financing and banking, real estate and environmental issues, as well as employment issues relating to both adult-use legalization and the expansion of medical marijuana programs,” Nikolas S. Komyati, chair of the practice group, said in a prepared statement.
The team will also include Kerry Zinn, Tobias Ziegler, Michael Ostrowsky, Jed Marcus, Karen Murphy, Kathleen Gannon and Thomas Roberts, the firm said.
“We believe that our expertise in the heavily regulated financial services sector provides clients with an added level of sophistication they will not find elsewhere,” Komyati said. “This is a rapidly growing industry that needs high-quality counsel. We are uniquely prepared to assist businesses and entrepreneurs in navigating the regulatory environment, whether the client is directly involved in the industry or indirectly involved through ancillary business.”
Read more from ROI-NJ:
- Law firms are increasingly moving into two new practice areas: cannabis and blockchain
- Red Bank law firm forms Cannabis Law Practice Group
- CSG, citing years of insight and experience, introduces cannabis law group
- Riker Danzig creates Cannabis Law Group
- As legal issues surround cannabis, law firms get ready