Marc is one of the country’s leading cannabis attorneys, ranked by Chambers USA and Legal 500 in the practice area. His two decades of experience advising clients and colleagues on billions of dollars of business transactions, working both in-house and at law firms, allow him to provide a macro, business-focused perspective to this fast-growing industry. Marc works closely with clients to balance risks and maximize optionality in a complex regulatory environment. His extensive connections throughout the cannabis (non-hemp and hemp) industry give him access to an extensive knowledge base and skill set, benefiting clients and relationships.
Marc is a member of our Global Corporate Group and is the chair of our cannabis law team, focusing his practice primarily on the cannabis industry. His current clients include public and private single-state and multistate operators, market-leading ancillary businesses, real estate investment trusts, investment banks and other financial services providers, private equity funds and other investors, testing labs, cultivators, processors, and entrepreneurs. Marc also works closely across practice groups throughout the firm to provide counsel to his Reed Smith colleagues on the unique aspects of doing business with the cannabis industry.
Marc’s transactional experience covers a broad range of industries and asset classes, including capital markets work, acquisitions and dispositions, governance, restructurings and workouts, and complex tax structuring. In addition, Marc is an integral part of Reed Smith’s SPAC practice, advising on the private capital and sponsor aspects of special purpose acquisition company formation.
Marc provides perspectives on the cannabis industry through speaking engagements, being frequently quoted in trade and business publications and via his periodic newsletter, Cannabis Musings, which has delivered his unique take on industry activities since 2018.
After starting out practicing corporate law, securities law, and capital markets finance, Marc joined Equity Group Investments (EGI), a private investment company founded by Sam Zell, a Forbes-listed multibillionaire and an active corporate and real estate investor. As associate general counsel at EGI for over 15 years, Marc advised on billions of dollars of complex investment and acquisition transactions across industries and asset classes.
