Sacks Tierney P.A.

Member of Meritas: 173 full-service law firms serving more than 200 markets worldwide


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Best Lawyers Award Badge

Lambda Alpha International (LAI) Land Economics Society

Arizona Cannabis Bar Association

Marijuana Business Daily

"Arizona's Sizzling Medical Marijuana Market Entices Investors"  Janet Jackim is quoted in the September 27, 2018, issue of Marijuana Business Daily.

Medical Marijuana. On January 4, 2018, Janet Jackim commented for Channel 12 News on the Justice Department's decision to rescind the policy that allowed for the sale and use of medical marijuana.

CNN Chief Medical Correspondent Dr. Sanjay Gupta

Medical Marijuana. View an April 24 report by CNN's chief medical correspondent on medical marijuana as a solution for persons addicted to opioids. | PDF of letter to Attorney General Sessions



Janet E. Jackim

Janet Jackim is a former Vice President, Real Estate, and Assistant General Counsel at The Circle K Corporation.

For the past four years, Janet has focused her practice on applying business methodologies to Arizona’s medical marijuana industry, as the industry grows and matures and as nationwide and federal legislation and personal opinions become more accepting of the benefits of cannabis (including hemp) in the treatment of patients preferring alternative therapies to traditionally prescribed medicines.

Janet represents dispensaries, investors, lenders, and acquirers of interests in the foregoing; new and established vendors to the industry; landlords and tenants; and businesses adverse to criminalizing medical marijuana possession. She is active in the Arizona Cannabis Bar Association, the National Cannabis Bar Association, and numerous other industry organizations, including the Arizona Marijuana Industry Trade Association.

In 2019, Janet and Sacks Tierney litigators Gaye Gould and Philip Rudd filed an amicus brief with the Arizona Supreme Court on behalf of accomplished medical doctors, researchers, and alternative therapies caregivers from Arizona and nationwide in the appeal of State v. Jones. In that decision, the Arizona Court of Appeals ruled that extracts and concentrates from the marijuana (cannabis) plant are not “marijuana” as defined in the Arizona Medical Marijuana Act, with the consequence that licensed medical marijuana patients would be subject to criminal incarceration for possessing marijuana extracts. (The Supreme Court has scheduled oral arguments on the appeal for March 19, 2019.)

During three decades as a commercial real estate and business attorney, Janet has represented developers, lenders, landlords, tenants, franchisees, and cannabis enterprises in real estate transactions, business acquisitions and other business transactions. The Best Lawyers in America® honoree has completed more than $1 billion in mergers and acquisitions (sales price) of large and small businesses.

Practice Areas

Marijuana Business Law

Real Estate Law

Business and Corporate Law

Equity and Debt Finance

Loan Workouts

Honors and Awards

AV-Preeminent® Rating, Martindale-Hubbell®

The Best Lawyers in America, Real Estate Law, 2018, 2019

“2006 Leading Lawyers,” Phoenix Business Journal

Representative Transactions

Represented the acquirer and affiliates in a series of transactions for the takeover of a medical marijuana dispensary and its cultivation facility, kitchen, and management team. Obtained the dispensary’s emergence from a receivership, prosecuted claims, favorably settled litigation, and restructured its debt.

Represents out-of-state companies in their Arizona dispensary and cultivation facility acquisitions as local counsel, with an emphasis on acquisition mechanics, marijuana-related due diligence activities, Department of Health Services transitions, and strategic planning.

Negotiated and documented a complex commercial real estate lease for a medical marijuana dispensary site interrelated with a comprehensive cultivation subcontractor management agreement for the dispensary’s cultivation facility, resulting in the landlord’s substantial investment in the real estate for the benefit of the tenant-dispensary.

Prepared and negotiated complex commercial leases, loans, partnership agreements and vendor contracts for businesses in the cannabis market.

Responsible for the aggressive growth and turnaround pre-and post-bankruptcy of The Circle K Corporation’s real estate portfolio. Built strategic business plan for the company’s 25 geographic markets, requiring site-by-site analysis (financial, real estate/location demographics, and capex requirements). Led nationwide 50-person real estate sales staff and back office administration group of 100-200 employees for the purpose of selling 2,500 REOs, resulting in $100 million cash. Assessed company’s 6,000 real estate holdings (convenience stores, gas operations, office buildings, warehouses, vacant land and buildings, and speculative land deals) for profitability. Closed and sold 2,500 under-performing properties. Renegotiated 1,500 commercial leases to produce $15 million in annual rent savings.

Negotiated commercial stabilization loans, loan workouts and bankruptcy resolutions on behalf of lending institutions, FDIC affiliates and commercial borrowers. Conducted trustee’s sales, initiated litigation enforcing commercial loan transactions, defended litigation for receivership appointments and loan defaults, and prepared forbearance and other settlements.

Through administrative and litigation proceedings, prosecuted municipal zoning actions that wrongfully discriminated against cannabis businesses.

As a result of her knowledge of market rents in the cannabis industry, attained for a property owner more than three times the tenant’s offered rent for a dispensary and cultivation site and negotiated other pro-landlord lease provisions.

Bar Admissions

Arizona, 1986

Colorado, 1978

Professional Activities

State Bar of Arizona

Colorado Bar Association

Maricopa County Bar Association: Chair, Real Estate Section

National Cannabis Bar Association

Arizona Cannabis Bar Association: Secretary

Industry and Trade Memberships

Lambda Alpha International (LAI) Land Economics Society, Phoenix Chapter

CoreNet Global, Phoenix Chapter

National Organization for the Reform of Marijuana Laws (NORML): Legal Committee

Arizona Marijuana Industry Trade Association

West Valley Commercial Real Estate Group

Arizona Business Brokers Association: Member; Secretary/Board of Directors, Central Chapter, 2013


"Decriminalization of Hemp Raises New Opportunities in Agriculture, Medicine, Fibers/Textiles and Biofuels," January 2019

Court of Appeals: Hashish Possession Not Protected by the AMMA,” June 2018 | See Petition for Review in State v. Jones

"Cannabis Developments Keep Coming," June 2018

"Trump Agreement with Colorado Senator a Positive Sign for the Cannabis Industry," April 2018

"HOA Boards: Don’t Write Off Delinquent Assessments of Owners or Their Foreclosing Lenders!" Common Ground, Community Associations Institute, September/October  2016

"Unclaimed Death Benefits: What Life Insurance Companies Know (But You Might Not)," August 2016

"Due Diligence in Buying Commercial Real Estate: Acreage, Apartments or a Building," February 2015

"10 Commonly Overlooked Clauses in Commercial Real Estate Transactions," October 2014


’What’s in Those Brownies’: Commercial Real Estate and the Developing Medical Marijuana Marketplace,” September 2018

Strategies and Practices in Lease Renegotiations: Learning to Leverage,” West Valley Commercial Real Estate Group, May 2018 | Evidence Chart

Due Diligence ‘Best Practices’ in Real Estate Transactions,” April 2018

Strategies and Practices in Lease Renegotiations: Learning to Leverage,” February 2018

“Fundamentals of Corporate Real Estate – CoRE – Facility Management and Sustainability,” Real Estate Club, W.P. Carey School of Business, Arizona State University, January 2018

“A Junkyard Dog’s Perspective on Distressed Commercial Real Estate Today”

“Real Estate Due Diligence 101”

“Landlord’s Lease is How Many Pages? 101 Practice Tips for Negotiating a Tenant-Friendly Lease”

“Tenants in Trouble”

“Commercial Leasing”

“Negotiating Leases” and “Renegotiating Leases”

“The Emergency Economic Stabilization Act”

“Navigating Economic Headwinds”

“Exclusive Authorization for Sale or Lease of Real Property”

“Buyer/Lessee Agency Agreement”

“Saving Luke Air Force Base through Land Exchanges”

“The Circle K Bankruptcy Experience: Coming Full Circle From Ashes to IPO”


State by State Guide to Construction and Design Law (Author, Arizona Supplement), American Bar Association, April 2009

Community Leadership

ATHENA Award Finalist, Phoenix Chamber of Commerce, 1997


Loyola University Chicago School of Law, J.D., cum laude, 1978

Indiana University, B.A., with honors, 1974


Hammond, Indiana