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New Big Law competition 'means we're winning'

www.reuters.com June 16, 2021

New Big Law competition 'means we're winning'

When Denver-based corporate lawyer Christian Sederberg decided in 2010 to team up with activist Brian Vincente to form a law firm dedicated to cannabis, Colorado’s medical marijuana industry was in its infancy and not a single state in the country had legalized the recreational use of it. Now only 13 states prohibit all use of cannabis – and Am Law 100 firms are scrambling to build practices in what has become a $20 billion industry. I spoke recently to Sederberg about being a pioneer in a burgeoning business, waiting for the federal government to clear marijuana use and whether he is a cannabis consumer as well as counsel.What follows is a condensed and edited version of our conversation.FRANKEL: You’re a corporate lawyer. Why did you risk everything on this bet that cannabis would even become an industry?SEDERBERG: My business partner (Brian Vincente) had been working on this for years as a policy issue and I have always found drug policy reform and the war on drugs...


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