Jay Purcell
Senior Associate

Jay Purcell is a corporate and securities lawyer who graduated from UC Berkeley School of Law in 2011. His practice focuses on negotiating and drafting partnership, financing and merger/acquisition agreements for cannabis businesses. In a rapidly-changing legal environment, Jay’s goal is providing the most accurate and actionable advice to cannabis companies and their investors. At Clark Neubert LLP, Jay represents high-growth cultivators, manufactures, distributors and dispensaries throughout California, and the investors who back them. Counseling all types of California corporations, he regularly advises collectives/cooperatives and non-profit mutual/public benefit corporations on conversions and acquisition strategies.

Prior to working in cannabis, Jay worked as a corporate attorney for tech companies. Beginning at Wilson Sonsini Goodrich & Rosati, he was trained to represent growth-companies from “idea to exit,” concentrating on financial transactions, employment incentives, commercial agreements and mergers/acquisitions. Representative clients included Google Ventures, Founders Fund, DIA Styling, FireEye, Curse, SurfAir and companies that were sold to Twitter, LinkedIn and Facebook. In 2016, Jay transitioned to a full-time cannabis practice, where the goal remains the same: helping little companies become big companies.

While at Berkeley, Jay won a fellowship from the Center for Emerging and Neglected Diseases, helped organize a global IP collaboration for access to essential medicines, externed at Berkeley’s Office of Intellectual Property & Industrial Research Alliances and won an American Jurisprudence Prize. He’s a member of the board of directors of the Berkeley Law Alumni Association. Prior to California, Jay graduated with honors from Cornell University, first as a College Scholar and triple-major in the College of Arts & Sciences, and then from its Graduate School, where he won a Sage Fellowship and State Department Foreign Language grant (Swahili). Jay splits time between Clark Neubert’s San Francisco and Santa Monica offices.

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Investor Protections in Cannabis Companies, Part One