The legal cannabis market is forecasted to reach nearly $30 billion by 2025, and investors are looking to get in on what many are calling the “green rush.” Attorneys from Foley Hoag’s private funds and cannabis practices present a webinar discussing the legal framework, regulation and practical fund structuring considerations for private fund managers looking to engage in these types of investments. They walk you through the current market and share lessons learned from their experience working in the space for years.… More
Monthly Archives: December 2019
In November 2019, United Food and Commercial Workers International Union (UFCW) became the first union to organize employees at a Massachusetts cannabis company. According to the Boston Globe, two-thirds of Sira Naturals, Inc.’s employees, who work at its cultivation and manufacturing facility and its dispensaries, voted to join UFCW. Sira issued its own announcement indicating that in advance of the vote it entered a labor peace agreement with UFCW allowing union representatives to come onsite and talk with employees about unionizing.… More
Partner Kevin Conroy joined Vermont Attorney General T.J. Donovan for a conversation about the recreational industry in New England. Vermont legalized cannabis in 2018, and the discussion focused on challenges and lessons state legislators can learn from its neighbors like Maine and Massachusetts, which both legalized adult use cannabis in 2016.
Other speakers included Erik Gunderson, director of Maine’s Office of Marijuana Policy; Charlotte Hanna,… More