BOSTON, Jan. 18, 2022 /PRNewswire/ -- Burns &
Levinson announced today that Max
Borg has joined the firm as a partner and Douglas Ginn has joined as an associate in
its fast-growing, nationally-known Cannabis Business & Law
Advisory Group. Borg joins the firm from Feuerstein Kulick LLP in
New York City, where he
represented investment funds, broker dealers, entrepreneurs, and
business operators in the emerging legal cannabis industry in the
U.S. and abroad. Ginn was previously a sixth-year corporate
associate at Drummond Woodsum & MacMahon in Portland, Maine where he focused on the
cannabis industry.
Borg will continue to focus his practice on structuring and
offerings of equity and debt securities, mergers and acquisitions,
private capital raises and financing, compliance with securities
laws, corporate governance and restructuring, and related
commercial transactions for companies in the cannabis space. He
began his career as a corporate attorney at Debevoise &
Plimpton LLP. Ginn will continue to advise cannabis businesses
across a wide range of corporate and transactional matters,
including M&A and capital raises.
"We are thrilled to have Max and Doug on our world-class
corporate cannabis team. They are joining one of our busiest
practice groups and their M&A, financing and transactional
experience will be a tremendous asset to our team and our clients,"
said Burns & Levinson partner Frank A.
Segall, who chairs the firm's Cannabis Business & Law
Advisory Group with partner Scott
Moskol. "Our cannabis practice continues to grow at a
rapid pace. We are excited to have both of these talented cannabis
lawyers onboard," added Moskol.
Recent Burns & Levinson cannabis deals include
representing Agrify Corporation in its $50 million acquisition of Precision Extraction
Solutions and Cascade Sciences in October
2021. In November 2021, the
firm represented UL Holdings, Inc. (Urbn Leaf), a leading
California cannabis retailer, in
its sale to Harborside, Inc. The
Urbn Leaf sale will create the largest and most developed
vertically-integrated cannabis platform in the state of
California once the deal closes in
the first quarter of 2022. Burns & Levinson also spearheaded
the efforts of one of its secured lender clients with enforcing its
rights and remedies with respect to a $22
million plus loan made to a Massachusetts vertically integrated cannabis
operator, which resulted in the Massachusetts Superior Court, BLS
Division issuing the first-ever court appointed receivership of a
cannabis company in Massachusetts.
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
nearly a decade. 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 is among the top law firms in the country handling
M&A and high-level corporate and financing deals in the private
and public markets in the cannabis market.
Borg received his J.D., magna cum laude, from Brooklyn
Law School, and his B.A. from The George
Washington University. Ginn earned his J.D. from Pepperdine
School of Law and his B.A. from College of the
Holy Cross.
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, Providence and London. Our areas of expertise include:
business/finance, business litigation, cannabis, 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.
Contact:
|
|
Amy
Blumenthal
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Kristen
Weller
|
Blumenthal &
Associates
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Chief Marketing &
Business Development Officer
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617.879.1511
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617.345.3555
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amyb@blumenthalpr.com
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kweller@burnslev.com
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SOURCE Burns & Levinson