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Everything you need to know about BMD and the industry.

BMD Recognized as Best Law Firm 2021

Blog Post

We are excited to announce that BMD is included in the 2021 Edition of U.S. News – Best Lawyers “Best Law Firms,” recognized for professional excellence with consistently impressive ratings from clients and peers.

The full firm report is as follows:

Metropolitan Tier 1

  • Akron
    • Litigation - Trusts & Estates
  • Columbus-OH
    • Personal Injury Litigation - Defendants

Metropolitan Tier 2

  • Akron
    • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
    • Litigation - Intellectual Property
    • Trusts & Estates Law
    • Workers' Compensation Law - Claimants
    • Workers' Compensation Law - Employers
  • Fort Myers
    • Real Estate Law

Metropolitan Tier 3

  • Akron
    • Closely Held Companies and Family Businesses Law
    • Employment Law - Individuals
    • Employment Law - Management
    • Trademark Law

The U.S. News – Best Lawyers “Best Law Firms” rankings are based on a rigorous evaluation process that includes the collection of client and lawyer evaluations, peer review from leading attorneys in the field, and review of additional information provided by law firms as part of the formal submission process.

Awards were given in 75 national practice areas and 127 metropolitan practice areas. Additionally, one "Law Firm of the Year" was named in each nationally-ranked practice area.

The 2021 “Best Law Firms” rankings can be seen in their entirety by visiting bestlawfirms.usnews.com


Celebration of Asian American and Pacific Islander Heritage Month

In recognition of Asian American and Pacific Islander Heritage Month (AAPI Heritage Month), Brennan Manna and Diamond is proud to recognize the contributions and achievements of our AAPI members.

Fluresh Cannabis’ Bank Loan: Moving Into the Mainstream

The announcement by Fluresh, a vertically integrated Michigan based cannabis business, of the closing of loans from a federally insured commercial bank totaling almost $50 million represents an important landmark for both Fluresh and the cannabis industry writ large. For Fluresh, perhaps as important as the bottom-line benefits of lower cost financing, the fact that its operations and financials passed muster with a substantial commercial bank can be regarded as an important rite of passage. For the industry, it reflects its inexorable movement out of the shadows and into the mainstream. This substantiates the view that, whether or not any of pending the federal legislation is enacted, bank lending to the cannabis industry will continue to accelerate.

Out of the Shadows | An Investor Summit Recap

After a COVID hiatus of more than 2 years, I rejoined the institutional cannabis investment speaker circuit, offering the closing remarks at the Kahner Global Cannabis Private Investment Summit in Coral Gables, Florida. My remarks addressed how banking developments are increasingly impacting cannabis investment, operating and financial strategies and decisions, for both plant touching and the growing array of ancillary businesses serving the industry.

BMD Announced in Best Law Firms 2022 List

We are excited to announce that BMD is included in the 2022 Edition of U.S. News – Best Lawyers “Best Law Firms,” recognized for professional excellence with consistently impressive ratings from clients and peers. The full firm report is included.

Key Takeaways from BMD’s Banking and Cannabis Webinar

Estimates have shown that the cannabis industry is one of, if not the, fastest growing industries in the United States in recent years, with no sign of slowing. Growth requires capital. Banks need loans, and cannabis companies, which are rapidly becoming bankable need access to lower cost bank lending. While cannabis remains federally illegal, an impediment to access to financial institution credit, banks and credit unions are nevertheless entering the market in increasing numbers.