Cannabis Leaders Present Arcview April During National Cannabis Awareness Month to Inspire Further Industry Advancement
The Arcview Group and Partners to Host Events Highlighting Cannabis Industry Priorities: Investing, Federal Legalization, Social Equity, and Sustainability
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LOS ANGELES, April 5, 2021 /PRNewswire/ For the inaugural year, cannabis thought leaders at The Arcview Group are giving industry investors, entrepreneurs, professionals, the canna-curious and extended community an all-access pass to a series of data-driven discussions during the month of April - National Cannabis Awareness Month. With cannabis hype at an all-time high, the Arcview team will take a deep dive into hot industry topics that include everything from new trends to federal legalization and social equity to sustainability.
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Zuber Lawler has been representing leading cannabis companies for 14 years handling initial public offerings (IPOs), M&As, finance, intellectual property, FDA and other regulatory work and litigation, in addition to representing a long list of iconic Fortune 500 companies, global funds and governmental entities in their international transactions.
Despite the country’s change in administration and widespread talk of federal legalization, the cannabis industry is complex. However, Zuber Lawler provides trusted and reliable legal representation to mitigate the complexity.
Well Decorated
Zuber Lawler’s accomplishments are many. The firm was recently named “Cannabis Law Firm of the Year” by Marijuana Venture Magazine and it obtained the second-ever-issued U.S. plant patent for a cannabis strain as well as U.S. utility patents on cannabis processes, machines and formulations. In addition, the firm obtained the first-ever issued “Generally Recognized as Safe” designati
Analysis
A long-standing legal drama finally found resolution on Feb. 23, with the New York Attorney General’s office announcing that it had come to a settlement with cryptocurrency exchange Bitfinex after a 22-month inquiry into whether the company had been trying to cover up its losses touted to be worth $850 million by misrepresenting the degree to which its Tether (USDT) reserves were backed by fiat collateral.
According to the terms of the announced settlement, which now marks an end to the inquiry that was initiated by the NYAG back in Q1 2019, Bitfinex and Tether will pay the government body a fixed sum of $18.5 million but will not be required to admit to any wrongdoing. That being said, the settlement clearly states that henceforth, Bitfinex and Tether can no longer service customers in the state of New York.
Activity is heating up in the U.S. as the number of states that have legalized marijuana is increasing. With the cannabis market growing stronger than ever and many big players entering the field, an increase in the value of mergers and acquisitions (M&A) have taken place.
Recently, Canada s Tilray (NASDAQ: TLRY) and Aphria (NASDAQ: APHA) announced a near $4 billion merger. If that wasn t impressive enough, Jazz Pharmaceuticals (NASDAQ: JAZZ) $7.2 billion purchase of GW Pharmaceuticals (NASDAQ: GWPH) earlier in February makes it the biggest tie-up yet for the cannabis industry.
This means something.
For investors, the growing number of M&As demonstrates that the stage is set and there s money to be had. Multistate operators (MSOs) can take advantage of the ability to expand market operations and grow market share. For small and large cannabis companies, this is an opportunity for massive growth.
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