BALTIMORE 17 August 2016 — Offit Kurman, one of the fastest growing, full service law firms in the cannabis industry, today announced a strategic alliance with Adherence Compliance, the leading provider of cannabis compliance software. The partnership provides the cannabis industry with the first comprehensive legally reviewed regulatory compliance software and business solution for licensed marijuana businesses, regulatory agencies and operational stakeholders.
Under the terms of the strategic alliance, Offit Kurman will be providing legal support for Adherence’s vast regulatory code library and associated intellectual property for cannabis compliance and will be available to serve Adherence’s client base. The companies will jointly develop intellectual property for emerging markets and jurisdictions in the cannabis industry as well. The alliance offers legal services, regulatory agency programs, industry education, application and licensing support, compliance software and related consulting services.
“Regulatory compliance is the key to long-term operational success in this industry,” said Darren Weiss, a cannabis attorney with Offit Kurman and co-founder of the firm’s Cannabis Practice Group. “We are so excited to support and work with Adherence, which has been a pioneer in the compliance space, offering cannabis clients and regulators an on-demand connection to an easy-to-use, accessible solution which turns complex, multi-level regulations and requirements into actionable data points that help them monitor and maintain regulatory compliance,” explained Mr. Weiss. Jonathan Wachs, a cannabis and intellectual property attorney with Offit
Kurman and co-founder of its Cannabis Practice Group, echoed the sentiment: “The integration of a sophisticated software solution like Adherence’s and the complex regulatory regime of the cannabis business is a perfect pairing, and we are thrilled to be working closely with such an important and competent industry player.”
Offit Kurman, a full-service business law firm with a 30-year track record in representing businesses and entrepreneurs, has assembled a best-in-class, multidisciplinary cannabis practice group unique to the cannabis industry. With a group of cannabis attorneys who focus on such diverse areas as regulatory compliance, health care, tax, intellectual property, litigation, employment, litigation, real estate/zoning, and others, Offit Kurman’s growing practice group, network, and cannabis law expertise is well positioned to complement Adherence’s business model, serve its clients, and bring a level of professionalism and know how to this fast-growing
industry. “This strategic alliance provides the cannabis industry with the first available, legally reviewed
compliance rules and regulations via our automated compliance software. Going forward, our clients and partners can be assured that Adherence’s regulatory marijuana compliance requirements are reviewed by legal counsel. Adherence is very proud to collaborate with Offit Kurman, a world-class provider of advice, counsel and legal services,” said Steve Owens, CEO of Adherence Compliance.
Adherence’s SCORE App, the cannabis industry’s first automated compliance software solution, is used to evaluate and report on hundreds of rules and requirements. The software provides a quantitative risk score along with an in-depth compliance report. The SCORE App supports multiple cannabis stakeholders, including business owners, investors, regulators, banking and insurance providers.
About Offit Kurman
Offit Kurman is one of the fastest-growing, full-service law firms in the Mid-Atlantic region. With over 125 attorneys in seven offices serving the mid-Atlantic and beyond, the firm is well positioned to meet the legal needs of dynamic businesses and the people who own and operate them. At Offit Kurman, we are our clients’ most trusted legal advisors, the professionals who help them to maximize and protect their business value and individual wealth. In every interaction, we consistently maintain our clients’ trust and confidence by remaining focused on their objectives to help them achieve their goals. Contact Bryan Lawson, [email protected] or (301) 575-0397.
About Adherence Compliance
In 2014, Adherence Compliance developed the cannabis industry’s first quantitative risk score and automated compliance software platform. Since then, Adherence has conducted more than 400 compliance assessments in the cannabis industry. The easy-to-use, secure and mobile SCORE App is available for Maryland, Colorado, California, Washington, Oregon, Nevada, Massachusetts and other states where marijuana is legally licensed. Contact [email protected] com or 720-616-3900 for more information.