Burns & Levinson announced that it represented Sweed in its merger with Leaf Trade. The combined platform will enable businesses to manage their entire retail operations in a single place.
The Burns & Levinson deal team was led by partner Frank A. Segall, who chairs the firm's cannabis business & law advisory group and business law group, and partner Mark Manning.
According to the company, Sweed streamlines retail operations and saves cannabis companies a significant amount of time and money. With Sweed, cannabis businesses own their consumers through a private-label e-commerce experience, in-store kiosks, and native apps. They do not have to share their customer's data with other conglomerates. Sweed is built on a proprietary data engine that allows cannabis operators to transform their cross-channel e-commerce, marketing, and loyalty programs into truly data-driven solutions increasing efficiency and monetization.
"We were thrilled to work with Sweed, and their entire management team, to bring this transformative deal to fruition," stated Segall. "Mergers can be especially complex, especially in a highly regulated industry, but we were able to navigate through all of the critical issues to complete this pivotal business transaction. We look forward to supporting the company's ongoing and continued success in the marketplace."
Burns & Levinson has experience in cannabis and hemp/CBD business formation and corporate structuring, private placements, venture capital, M&A, securities, banking issues, fund formation, debt and equity financing, restructuring and receiverships, real estate acquisitions and leasing, intellectual property protection, 280E taxation issues, and cannabis litigation.
Photo: Benzinga edit with photos by Matthias Zomer on Pexels, squarefrog on Pixabay
Related News
Build The Future Of Cannabis Wholesale With An Industry-Leading Tech Company
Greenlane Partners With Leaf Trade To Increase B2B Visibility
Leaf Trade Closes $12.5M Series B Round, Names Brian Ward CFO
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
The Top Cannabis Event In New Jersey
Join the Benzinga Cannabis Market Spotlight in New Jersey on June 17th! Grow your business, raise money and capitalize on the booming NJ recreational market. Don’t miss this must-attend event in New Brunswick. Secure your tickets now. Very few spots are left. Use the code "JAVIER20" for 20% off!