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Steve Schain

Senior Counsel

Smart Counsel


2019 National Law Journal “Finance, Banking, & Capital Markets Trailblazer” award winner, Steve Schain represents entities, governments and individuals in litigation, regulation, compliance, loan drafting, licensing applications, and entity formation.  A nationally recognized financial services, consumer finance litigation, banking law and cannabis law expert, Steve is a The Legal Intelligencer, New Jersey Law Journal, and Cannabis Business Executive columnist and serves as a court appointed judge pro tempore and arbitrator. 

Steve is also an Adjunct Faculty Member of, and teaches “Cannabis Law” at, Stockton University, one of only 5 universities offering a minor in Cannabis Studies. Steve serves on, and makes regular presentations to, National Cannabis Industry Association, International Cannabis Bar Association, Pennsylvania Credit Union Association, Bank Secrecy Act Compliance Group, and Marijuana Business Daily.  Steve also serves on both Commonwealth of Pennsylvania, Washington State, Utah and Philadelphia County administrative committees charged with drafting and revising state and local cannabis related regulations. 

Steve earned his B.A. degree from Pennsylvania State University and his J.D. degree from the University of Pittsburgh School of Law, where he served as an editor of the Law Review and graduated with honors.  Before entering private practice, Steve served as law clerk to a U.S. District Court judge for the Eastern District of Pennsylvania.