Consumer Products + Manufacturing

Cannabis

Experience

TILT Holdings Inc. $86.7 Million Debt Refinancing

Advised TILT Holdings Inc., a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development, and retail, on a series of transactions to refinance its $86.7 million legacy debt, effectively reducing TILT’s outstanding debt by 47% over a 12-month period.

Next Green Wave Holdings Agreement to Sell to Planet 13 Holdings

Represented California seed-to-shelf cannabis producer Next Green Wave Holdings (NGW) as U.S. counsel in its definitive arrangement agreement to be sold to Nevada-based cannabis company Planet 13 Holdings Inc.

MedMen Wins Approval for New San Francisco Cannabis Retail Store

Provided national premium cannabis retailer MedMen Enterprises Inc. with land use and permitting advice to win approval to open a new retail store on Union Street in San Francisco’s Cow Hollow neighborhood.

TCPA Class Action

Represent Tilt Holdings and cannabis technology company Baker Technologies in defending a proposed Telephone Consumer Protection Act (TCPA) class action.

Sale of Cannabis Distributor for $50 Million

Represented Blackbird Holdings Corp., a distribution company providing operations and software solutions that facilitate the movement of cannabis products at each touchpoint within the supply chain, in its $50 million sale to TILT Holdings Inc.(CSE:TILT), a vertically-integrated technology and infrastructure cannabis company serving more than a third of dispensaries across the US and Canada.

Cannabis Industry Representative Engagements

  • Represent founders in connection with structuring cannabis businesses and advising on ownership issues related to cannabis businesses.
  • Represent existing cannabis businesses with respect to restructuring operations.
  • Represent sellers with respect to the sale of cannabis businesses and their assets.
  • Represent partners in connection with the acquisition of control of cannabis businesses.
  • Represent investment groups in connection with the formation of investment funds focused on the cannabis industry.
  • Represent investors and investment funds with securities matters, due diligence investigations of potential investments, and negotiating the terms of investments in portfolio companies.
  • Represent cannabis businesses with respect to financings and fundraising efforts.
  • Represent investors in connection with investment for control in cannabis businesses.  Advise on the corporate structuring of the same businesses.
  • Form and structure cannabis collectives under current California law. Represent existing collectives and new business ventures with licensing and permit planning in connection with existing laws and the new California medical and adult-use laws.
  • Represent cannabis businesses with respect to Prop. 65 matters.
  • Represent business in connection with trademark and intellectual property issues.
  • Represent investors and joint venture partners in large real estate transactions to create multi-use spaces for cannabis businesses.
  • Represent land owners that are leasing to cannabis-related businesses.
  • Represent founders and business partners in connection with ownership and contractual disputes in the cannabis industry.
  • Represent cannabis companies as outside general counsel.
  • Represent non-cannabis companies with respect risk analysis and appropriate safeguards and controls for engaging in business transactions with cannabis businesses.

Firm Highlights

News

North Coast Industry Insiders Weigh In on Why California Cannabis Tax Revenue Slipped in 2023

Jeff Hamilton spoke to Susan Wood with the North Bay Business Journal for the article "North Coast Industry Insiders Weigh In on Why California Cannabis Tax Revenue Slipped in 2023." Read the article with Jeff's...

Read More
News

Farella 2024 Partner Elevations: Cynthia Castillo and Greg LeSaint

Northern California legal powerhouse Farella Braun + Martel is pleased to announce the election of two lawyers to partnership effective Jan. 1: Cynthia Castillo and Greg LeSaint. “We are thrilled to elevate Cynthia and...

Read More
Publication

Hsu Untied Interview With Jeff Hamilton, Partner at Farella Braun + Martel

Jeff Hamilton was a guest on Hsu Untied , an award-winning podcast hosted and produced by Richard Hsu featuring entrepreneurs, venture capitalists, best-selling authors, and more.  In the podcast, Jeff discusses his journey from...

Read More
Publication

A Simpler Approach To Expanding Banking Access

While the cannabis community anxiously awaits what feels like Congress’ hundredth attempt to pass the SAFE Banking Act, there is one simple step that can be taken today to improve access to banking services...

Read More
Publication

A Summary of New Laws Coming for California Employers in 2024

In 2023, California has adopted several new employment laws either introducing new employee protections or codifying existing practices into state law. With these changes, employers will need to examine and adjust some of their...

Read More
Publication

Navigating Cannabis in the Workplace: A Guide for California Corporations

The landscape surrounding cannabis in the workplace is rapidly evolving, posing challenges for California corporations and businesses to establish effective policies and procedures. As the use of cannabis, both medical and recreational, becomes more...

Read More
Publication

Regulatory Changes Underway To Address Dwindling California Property Insurance Market

We keep hearing about how difficult it is for our clients to get property insurance these days, both for homes and businesses in Northern California’s wildfire-prone areas. Which, of course, is most of Northern...

Read More