Report: Cannabis In-House Counsel Expect to Spend More to Keep Up With Market
Many in-house counsel, according to the report, have growing concerns over cannabis-related litigation.
July 15, 2019 at 05:25 PM
4 minute read
The original version of this story was published on Corporate Counsel
Fifty-six percent of general counsel and in-house counsel believe in the next couple years they will need to increase their legal resources to keep up with the cannabis market, according to a report published by ALM and Shook, Hardy & Bacon.
Many in-house counsel, according to the report, have growing concerns over cannabis-related litigation. Jean Smith Gonnell, general counsel at STWC Holdings Inc., said she is not surprised that more resources will be spent on litigation.
"It's a very competitive market and it's going to grow and it's going to continue growing," Gonnell said. "Litigation is definitely one of those things that is going to grow."
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