Daniel J. Garfield

Founding Attorney

Vcard

Dan Garfield is a leading cannabis industry attorney, licensed in Colorado and Oregon.

Dan represents individuals and businesses in all types of matters and transactions from the start-up stage to exit. He represents stores and cultivation facilities, investors, landlords, lenders, trimmers, oil extractors, edibles manufacturers, testing laboratories, hemp farmers, CBD manufacturers, and ancillary businesses such as social media companies, consultants, and suppliers. His experience includes entity formation and restructuring, mergers and acquisitions, debt and equity financing, private placements, licensing, contract negotiation and drafting, corporate governance, and joint ventures, among other legal matters involving cannabis businesses. Dan also acts as outside general counsel for a number of businesses in the industry.

Dan received his J.D. from Northwestern University School of Law in 1995 and his B.A. from Swarthmore College in 1989. He is a former board member and past president of the Rocky Mountain Chapter of the Turnaround Management Association (TMA) and was a member of TMA Global’s Executive Board and Board of Trustees in 2015.

  • 2016-2019: 5280 Magazine, Top Marijuana Lawyer
  • 2018: MG Magazine, 30 Powerful Litigators You Should Know in Cannabis

Representative Matters

  1. Represented the purchaser of three retail cannabis stores in Denver in a $9.8 million transaction in 2016.
  2. Represented a private equity fund in a $3 million loan and preferred equity transaction for a licensed Colorado cannabis business in 2016 and 2017.
  3. Represented the purchasers of a MIP and cultivation facility for $2 million in 2017.
  4. Represented the lender in a $8.5 million loan to a Colorado licensed cannabis business in 2015.
  5. Represented the lender in a $1 million loan to a Colorado licensed cannabis business in 2016.
  6. Represented the lender in a $750,000 loan to a Colorado licensed cannabis business in 2016.
  7. Represented the lender in a $750,000 to a Colorado licensed cannabis business in 2017.
  8. Represented the lender in a $3 million loan to a Colorado licensed cannabis business in 2015.
  9. Represented the lender in a $9.3 million loan to a Colorado licensed cannabis business in 2018.
  10. Represented the seller of a Denver warehouse housing a cultivation facility and store for $7.8 million in 2018.
  11. Represented the purchase of an Oregon testing lab and associated real estate for $1.5 million in 2018.
  12. Represented an investment vehicle for ancillary cannabis businesses in a $10 million private placement in 2017.
  13. Represented a New Mexico licensed cannabis business in a $1.2 million private placement in 2018.
  14. Represented the creditor in the appointment of a receiver for a defunct cannabis business in Denver in 2018.
  15. Represented the lender in a loan to a licensed cannabis business for $1.3 million to build a cultivation facility in 2018.
  16. Represented a publicly traded ancillary cannabis company in a $330,000 convertible debenture and associated investment agreement in 2016.
  17. Represented the purchaser of a cannabis store in summit County, Colorado for $2 million in 2015.
  18. Represented the debtor in the first appellate case concerning the right of industry participants to file for bankruptcy protection.
  19. Represented a publicly-traded company in a loan for $1 million and licensing agreement with a licensed cannabis business in Colorado in 2018.
  20. Acted as local opinion counsel in Colorado for a Canadian publicly traded company for a private placement of debentures in 2018.
  21. Represented a licensed cannabis business in Denver for a $1.7 million loan in 2016.
  22. Acted as cannabis counsel for a private equity fund in the purchase of a gardening and hydroponics supplier in 2017.
  23. Represented the lender in a $25 million loan to a Colorado cannabis chain in 2018.