AUSTIN – October 1, 2020 – Coats Rose, P.C., a law firm focused on development, announced today that Lisa Pittman, Co-Chair of the firm’s Cannabis Business Law practice, was selected as a 2020 Texas Trailblazer by Texas Lawyer. Lawyers given this designation are all innovators and thought leaders who have made significant marks on the practice, policy and technological advancement in various aspects of legal practice.
Pittman, a pioneering leader and authority in the cannabis industry, advises clients on the many challenges facing cannabis and hemp businesses, such as tax, banking, insurance, and regulatory compliance issues. She has been focused on these issues since tackling cannabis reform in Texas starting in 2014. Despite Texas having the toughest marijuana laws in the country, hardly recognizing medical use, reading mothers’ testimony in support of Texas’ Compassionate Use Act spurred Pittman to action. Pittman began to work in numerous states on medical marijuana licensing, and brought this area of law to the attention of the American Bar Association, presenting its first marijuana law CLE at its annual meeting in New York City in 2017. As a result of these efforts, the Cannabis Law & Policy Committee was formed, and Pittman serves as Chair-elect. The Committee prepared resolutions to amend the Model Rules to allow attorneys to advise cannabis businesses along with recommendations on safe banking and decriminalization.
Pittman spent two years in Colorado to gain hands on experience in a legal state and became licensed there. When she arrived in Colorado, hemp had bloomed to full fruition. In 2019, Pittman was instrumental in getting the hemp law passed in Texas. As a result, she was appointed to the Texas Department of Agriculture Industrial Hemp Advisory Council.
In May 2020, Pittman was appointed to Rice University’s Baker Institute for Public Policy as a part of the Drug Policy Program where she assists the Institute in its cannabis reform efforts. She will be filing an amicus curiae brief on its behalf in a lawsuit against the DEA for its prohibition of research and unfounded Schedule 1 status this fall. Pittman is a prolific publisher of peer reviewed publications, is frequently asked to speak to professional organizations nationwide, and is often interviewed by the press. A native Texan, her work in the legalization movement in Texas has led her to be referred to as “The First Lady of Texas Cannabis Law.”
Pittman has 20 years’ experience trying disputes relating to labor & employment, breach of contract, commercial banking, fraud, fiduciary duty, construction defect, deceptive trade practices, premises liability, professional liability, products liability, as well as complex commercial insurance coverage matters. She has capped off 20 years of litigation by becoming a certified Mediator and Arbitrator, intending to resolve disputes in the underserved cannabis and hemp market—where it is not always practical or possible to use the courts.
More about the Cannabis Business Law Group at Coats Rose, P.C.
As an emerging industry, cannabis businesses face a variety of novel obstacles in an often-unstable market. The complex regulatory environment is multi-faceted, rapidly evolving, and can differ drastically between jurisdictions. Businesses and consumers need to have a reliable source to truly understand what is permissible under the constantly changing legal landscape and how to best mitigate risks they face, which is where our team comes in. We provide legal guidance and services to assist our clients in making informed business decisions and getting deals done while complying with the various layers of regulatory oversight. Our relationships with state regulators and our breadth of experience across a wide array of practice areas allow us to help our clients smoothly navigate these new programs with unique insight as we adapt a multitude of strategic business solutions to this developing market. With Texas poised to become the nation’s leader in hemp production, we advise industry members at all phases of the supply chain seeking to establish a footprint in the emerging market here from startup through exit, and from seed to sale. Learn more at https://www.coatsrose.com/practice_area/cannabis-business-law.
More about Coats Rose, P.C.
Coats Rose is a transaction and litigation law firm focused on development: the development of real estate, affordable housing, special purpose districts, business and private wealth. We provide legal counsel to businesses, governmental entities corporate and high-net worth clients across the U.S. and internationally. For over 30 years, the firm has leveraged its vast legal experience to fulfill clients’ needs spanning real estate law, affordable housing and community development, public finance, construction/surety law, commercial litigation, government relations, cannabis law, intellectual property, mergers and acquisitions, securities law, tax, wealth planning and preservation. In addition to its headquarters in Houston, Coats Rose has offices in Dallas, Austin, San Antonio, New Orleans and Cincinnati. Learn more at www.coatsrose.com.