PRESS RELEASE

Cannabis startups invited to apply for opportunity to present one-on-one to investors in first-of-its-kind “Capital Connection” program by October 16, 2020

Burns & Levinson will host its fourth annual “State of the Cannabis Industry” conference – which will be held virtually and will focus on critical issues in the multi-billion dollar cannabis industry – on October 29, 2020 from 9:00 a.m. to 2:00 p.m. ET. In addition to the event’s Q&A sessions, expert panels and keynote, Burns & Levinson is launching a new “Capital Connection” program to match cannabis industry startups with investors looking for early-stage companies to potentially fund or mentor. Cannabis startups will be selected through a competitive process to present their companies in private 20-minute online meetings with capital providers from 2:00 p.m. to 5:00 p.m. Emerging cannabis companies can apply here until October 16, but companies are encouraged to apply early.

The conference will feature an interview with Commissioner Steven Hoffman, Chairman of the Massachusetts Cannabis Control Commission, in an exclusive one-on-one Q&A with Frank A. Segall, co-chair of the Cannabis Business & Law Advisory Group at Burns & Levinson. Keynote speakers include: Joseph Lusardi, CEO of Curaleaf, and Mitchell Kahn, co-founder and CEO of Grassroots. Curaleaf, which is a leading medical and wellness cannabis operator in the U.S., closed a landmark $830 million acquisition of Grassroots in July 2020 – creating the world’s largest cannabis company.

The expert panels and Q&A sessions will tackle a wide range of issues impacting the cannabis industry including capital markets, M&A and investments, secured lending, workouts and restructurings, and developments in the hemp and CBD market.

“Despite the pandemic, we are still seeing significant business opportunities in the capital markets, investments and M&A areas to invest in and acquire cannabis, hemp/CBD and cannabis-related companies. We look forward to fostering these relationships through our Capital Connection program,” said Segall. “Even though we can’t physically be together like in previous years, we are very excited about this year’s conference and the opportunities for participants to make connections, develop partnerships and learn from our peers and industry leaders,” added Scott Moskol, who co-chairs Burns’ Cannabis Business & Law Advisory Group with Segall.

The conference sponsors include: Cohn Reznick, Hub International, GFA Federal Credit Union, Nucleus One, Green Check Verified, Paragon Payroll, and Elevate Northeast.

Burns & Levinson was the first major Boston corporate law firm to develop a cannabis business practice, and has been advising cannabis businesses, entrepreneurs and investors across the country for over seven years. The firm has unrivaled experience in cannabis and hemp/CBD business formation and corporate structuring, private placements, venture capital, M&A, securities, banking issues, fund formation, debt and equity financing, restructuring and receiverships, real estate acquisitions and leasing, intellectual property protection, 280E taxation issues, and cannabis litigation.

The firm is well-known for its role in the cannabis banking industry and has worked with multiple financial institutions to establish a framework that allows them to accept cannabis-derived deposits. Burns & Levinson is currently working with regulated financial institutions and non-regulated private funds to set up first-of-their-kind cannabis lending programs. The firm is also among the top law firms in the country handling high-level corporate and financing deals in the private and public markets in the cannabis market.

For more information about the conference and to register click here. For information on sponsorship opportunities, please contact Kristen Weller at [email protected].

About Burns & Levinson LLP

At Burns & Levinson, we provide high-level, client-centric and results-oriented legal services to our regional, national and international clients. We are a full-service law firm with over 125 lawyers in Boston, Denver, Providence, and London. Our areas of expertise include: business/finance, business litigation, divorce/family law, venture capital/emerging companies, employment, estate planning, government investigations, intellectual property, M&A/private equity, probate/trust litigation, and real estate. We partner with our clients to solve their business and personal legal issues in a collaborative, creative and cost-effective way. For more information, visit Burns & Levinson at www.burnslev.com. Our cannabis industry blog can be found at www.cannabusinessadvisory.com.