The legal cannabis industry is expanding rapidly worldwide. In North America alone, the industry is expected to grow to $50 billion by the end of the decade. But where there is smoke, there is fire. Class action lawsuits against cannabis companies are on the rise, driven by this industry growth, regulatory concerns, and stock price volatility, and publicly traded companies are not alone. Private companies face unhappy or disillusioned investors as well, who often did not understand for what they signed up when joining the “Green Rush.” This panel of seasoned litigators will discuss the good, the bad, and the ugly of cannabis finance and investment litigation.
Credits
General
This program is eligible for 1 hours of General CLE credit in 60-minute states, and 1.2 hours of General CLE credit in 50-minute states. Credit hours are estimated and are subject to each state’s approval and credit rounding rules.
INCBA webinars are generally eligible for credit in the following states: AR, AL, CA, CO, GA, HI, IL, NJ, NM, NY, ND, PA, TX, VT. Additional states may be available for credit upon self-application by attendees. States typically decide whether a program qualifies for MCLE credit in their jurisdiction 4-8 weeks after the program application is submitted. For many live events, credit approval is not received prior to the program.
The on-demand version of this webinar is eligible for credit in the following states: AR, AL, CA, CO, GA, HI, IL, NJ, NM, NY, ND, PA, TX, VT. Additional states may be available for credit upon self-application by attendees.
(Default credit disclaimer updated 02.08.2024)
Handouts
State v Jones
(233 KB)
Available after Purchase
Order Appointing Temporary Receiver and Temporary Restraining Order
(1.1 MB)
Available after Purchase
Motion for Books and Records
(27.6 MB)
Available after Purchase
Legal Information About Marijuana Stocks
(108.4 KB)
Available after Purchase
In re Medpoint Management LLC
(400.6 KB)
Available after Purchase
As marijuana class action lawsuits surge, experts stress accurate, forthright disclosures
(41.9 KB)
Jeffrey F. Barr is a partner in the firm’s Corporate Services practice group with more than 20 years of eclectic legal experience. While Jeff focuses his practice on counseling clients in the marijuana and hemp industries with respect to business transactions, commercial litigation, real estate, crisis management, and government relations, he also has experience with municipal law and has handled civil rights matters for his clients. Jeff has litigated corporate disputes, contract issues, and comprehensive regulatory controversies in the Nevada cannabis industry. He has counseled marijuana clients in connection with choosing proposed facility sites; helped clients understand and secure zoning and land use approvals; negotiated and drafted cannabis asset/equity purchase contracts, management agreements, employment agreements, commercial financing contracts, licensing agreements, and leases; and managed government affairs on behalf of marijuana clients. Jeff also handles appeals before the Supreme Court of Nevada and the Ninth Circuit for clients in all industries.
Jennifer Cabrera is a partner at A.Y. Strauss and leads the firm’s Cannabis Group. With a background in litigation and a reputation as a persistent problem solver, Jennifer is known for her highly organized, responsive, and client-centered approach. She works tirelessly to help clients navigate the complex legal landscape of cannabis law with efficiency and precision.
Jennifer advises cannabis businesses throughout New Jersey and New York, providing strategic guidance on regulatory compliance, state and local licensing, and fundraising. She works with companies of all sizes, from startups to multi-state operators, and often serves as outside general counsel. Through her leadership, clients benefit from full-service legal support in collaboration with A.Y. Strauss’s broader capabilities.
Before joining the firm, Jennifer led the New Jersey branch at one of the nation’s top-ranked cannabis law firms for six years, where she supported the development and growth of businesses throughout the state. Earlier in her career, she managed her own boutique law firm focused on commercial litigation and arbitration. Jennifer began her legal career at Skadden, Arps, Slate, Meagher & Flom LLP, where she represented clients in complex commercial disputes.
Jennifer is deeply involved in leadership, education, and community initiatives. She serves on the board of the National Hispanic Cannabis Council and previously held a position on the Board of Trustees of the Harvard Club of New York City. In addition to her legal practice, she has served as an adjunct professor at Fordham University School of Law and St. John’s University School of Law, and as a visiting lecturer at Duke University School of Law. Jennifer is also a frequent speaker at cannabis industry conferences, where she lends her expertise to shape conversations around law, business strategy, and equity in the evolving cannabis landscape. Her accomplishments have been recognized by Best Lawyers in Cannabis Law (2023–2025) and New York Super Lawyers in 2022.