Philadelphia, PA – Sacks Weston Diamond LLC has announced that it
has partnered with the law firm of Dilworth Paxson LLP to help provide
counsel to hospitals, medical schools and universities throughout Pennsylvania
as they explore opportunities presented by the new medical marijuana law
passed in May by Governor Tom Wolf. Pennsylvania has now joined 24 states
and the District of Columbia in legalizing medical cannabis.
It is estimated that over 200,000 individuals across the Commonwealth will
sign up as card holders for the service, with estimated annual sales revenue
amounting to $100 to $150 million. As a unique industry populated primarily
by startups, companies will require legal and financial advice on myriad
aspects of negotiating this new and possibly controversial business landscape.
Hospitals and university health systems will also seek guidance as they
navigate the first-of-its-kind legislation related to the implementation
of clinical studies that are likely to propel these organizations to national
Center of Excellence status in one or more of the 17 “serious medical
condition” areas identified in the new law.
In conjunction with Sacks Weston Diamond’s Managing Partner, Andrew
B. Sacks, who is a leading attorney on medical marijuana in the Commonwealth,
this partnership will capably handle any and all issues for clients in
this new business sector. Together with Dilworth Paxson, we are now able
to provide comprehensive legal services throughout Pennsylvania to any
entity that wants to get involved in the medical marijuana industry. In
addition to Dilworth, Sacks Weston Diamond currently has a joint venture
with the Montgomery County law firm of Hamburg, Rubin, Mullin, Maxwell
& Lupin, P.C. and are affiliated with the Pittsburgh-based law firm
of Cohen & Grigsby.
When asked as to why he chose to partner with Dilworth in particular, Andrew
Sacks stated that after speaking with many large Philadelphia law firms,
“they’re the best of the best in the specialized practice
areas to assist hospitals, medical schools, universities, and clinics,
as well as cannabis grower/dispenser license applicants, in this burgeoning
field.” Sacks, who has been active in lobbying efforts in getting
the Bill passed in the spring, is now influential in advising and commenting
on the regulations as they are being written. In fact, Sacks was one key
force in getting the Pennsylvania Supreme Court to consider changing Rule
1.2(d) to permit lawyers to represent the industry.