Fort Lauderdale, Fla. – December 15, 2023 – Greenspoon Marder has been recognized as an honoree in the Fifth Annual “Cannabis 50” List published by MGO. This year, the report highlights those considered the “most inspiring, impactful, and innovative figures and entities” in the cannabis and hemp industries. Where previous Cannabis 50 honorees were selected based on their contributions in the previous year, this year’s list also accounts for the total impact of the honorees over the five years since the Cannabis 50 was launched.
Nick Richards, partner and co-chair of the Cannabis Law practice group, highlighted the challenges faced by the industry this year in the report, emphasizing, “The significant hurdle was a nuanced understanding of Section 280E, the 280E capital asset theory, and the Section 471(c) method. We addressed these issues through consistent messaging grounded in logic and case law.”
To access the full Fifth Annual Cannabis 50 report, click here.
MGO is a professional services firm that proudly provides industry-leading experience, as well as accounting, financial, and advisory support to help operators, regulators, institutional investors, and brands navigate the complexities of the cannabis and hemp industries. Their honorees represent a broad sample of the cannabis community and include people like early-stage entrepreneurs, social equity advocates, medical researchers, progressive politicians, and leaders of top cannabis businesses.
Greenspoon Marder’s Cannabis Law practice group is comprised of individuals who are innovative thought leaders in a rapidly evolving legal environment. Since 2016, the group has established a strong market presence in the U.S. and was among the first national law firms to create a dedicated cannabis practice. Our team of attorneys serves clients in a broad range of legal issues including business law; corporate finance and securities transactions; complex commercial agreements; employment law; entertainment, federal, state, and local cannabis laws and regulations intellectual property; leasing and zoning; licensing; litigation and dispute resolution; mergers and acquisitions; products liability; private equity and venture capital fund formation and governance; real estate; regulatory compliance; social equity; tax and, specifically, the 280E tax code.