Wendy Michael is Senior Counsel in DLA Piper’s New York Litigation & Regulatory Group.  Ms. Michael has a wealth of experience representing large corporate clients in product liability litigation and complex commercial disputes in state and federal courts nationwide, as well as in arbitration and other alternative dispute resolution arenas. Her practice also involves providing litigation and regulatory support to product manufacturers, particularly those in the tobacco, vaping and CBD/hemp industries.

Interest in cannabis is at an all-time high. In 2020, Americans bought $18.3 billion in cannabis products, a $7.6 billion increase from 2019. The surging popularity of the plant is running parallel to the move towards legalized cannabis. With the removal of hemp from the CSA controlled substance list, and as ever more jurisdictions broadly legalize cannabis products (with New York being the latest), some financial institutions are finding it more compelling to “go green.” 
Continue Reading Financial Services in the Cannabis Industry: A Compliance Guide