Resources

Client Alerts, News Articles, Blog Posts, & Multimedia

Everything you need to know about BMD and the industry.

Ohio Legalizes Marijuana: Changes for Employers

Blog Post, Multimedia
August 5, 2024

Ohio Employers: Ohio recreational marijuana sales begin Tuesday, August 6, bringing new challenges for employers regarding employee use. BMD Partner and Labor & Employment Co-Chair Bryan Meek has outlined essential tips and best practices to help you adapt.

Watch Bryan’s Employment Law After Hours video blog on marijuana legalization here. 

Labor & EmploymentEmployment LawMarijuanaBryan Meek
Multimedia

Employment Law After Hours VIDEO: What Is Employment Law After Hours?

June 3, 2022Recently, Brennan, Manna & Diamond Director of Marketing, Jennifer Shankleton, sat down with BMD Partner Bryan Meek to discuss the creative process and strategy around launching the YouTube video podcast series Employment Law After Hours. ELAH was created during the height of the COVID-19 pandemic to help better inform employees on the most current employment law news in an efficient but also entertaining way. The series has now grown to reach not only Brennan, Manna & Diamond employees, but has now expanded to their individual clients who might be experiencing similar issues. Don’t forget to subscribe to their YouTube Channel!Blog Post

BMD’s Jason Butterworth Quietly Engineers Some of Akron’s Most Impactful Projects

May 18, 2022Jason Butterworth, a team member of BMD’s Business & Corporate practice, focuses his practice on finance, real estate, and tax credit law.Client Alert, Blog Post

Explosive Growth in Pot of Gold Opportunity for Bank (and Other) Cannabis Lenders Driving Erosion of the Barriers

May 13, 2022Our original article on bank lending to the cannabis industry anticipated that the convergence of interest between banks and the cannabis industry would draw more and larger banks to the industry. Banks were awash in liquidity with limited deployment options, while bankable cannabis businesses had rapidly growing needs for more and lower cost credit. Since then, the pot of gold opportunity for banks to lend into the cannabis industry has grown exponentially due to a combination of market constraints on equity causing a dramatic shift to debt and the ever-increasing capital needs of one of the country’s fastest growing industries. At the same time, hurdles to entry of new banks are being systematically cleared as the yellow brick road to the cannabis industry’s access to the financial markets is being paved, brick by brick, by the progressively increasing number and size of banks that are now entering the market.Blog Post

Celebration of Asian American and Pacific Islander Heritage Month

May 1, 2022In 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.Blog Post

Fluresh Cannabis’ Bank Loan: Moving Into the Mainstream

April 18, 2022The 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.
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