Denver-based Hoban Law Group has announced plans for major global expansion, as well as a new addition to their team of attorneys. The “cannabusiness” law firm will open four offices in the European Union by Fall 2017, and is scheduled to open two more offices in South America by Spring 2018.
In an announcement, HLG cited a booming global market and increased demand for services for the expansion. The first cannabis industry law firm to expand internationally, offices will deal primarily in “structured finance, M&A activity, worldwide trade, regulatory law, and equity placement exclusively in the cannabis (industrial hemp and marijuana) industry.”
HLG told Law.com that one office will be located in London, but was not able to comment on other locations, which are still under consideration.
“HLG steps in to global markets quickly as our direct work with government officials on policy and regulation has kept us in this important global curve,” said Managing Partner Robert Hoban. “We have accepted the challenge of being global cannabis industry leaders & experts and will work with strategic industry-leading partners, such as New Frontier Data, to move the industry forward across six countries.”
In addition, HLG announced that Denver-based securities attorney Andrew Telsey had joined the firm. Telsey, according to the Telsey Law website, “has a particular expertise in taking small and mid-sized private companies public, including mergers with publicly trading shell companies…” and have worked with clients in Russia, Ukraine, the People’s Republic of China, Columbia, Mexico, Canada, England, Switzerland, and Germany, as well as across the U.S.
HLG expressed confidence in Telsey’s expertise in taking cannabis businesses public and welcomed him to the firm.
“Combining the firm’s corporate practice, with our intellectual property and tax practice groups will position our firm’s client’s to succeed at the highest levels in this international marketplace,” Robert Hoban said.