What Are ESOPs and Why Do They Matter for Cannabis Operators -
Employee Stock Ownership Plans (ESOPs) are federally authorized retirement benefit structures designed to hold company stock in a trust on behalf of employees....more
8/12/2025
/ C-Corporation ,
Cannabis-Related Businesses (CRBs) ,
Change of Ownership ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
ESOP ,
Fiduciary Duty ,
IRC Section 280E ,
Retirement Plan ,
S-Corporation ,
Succession Planning ,
Tax Deductions ,
Tax Planning
A new industry is emerging in the United States, and entrepreneurs in the psychedelics space must make critical decisions at the onset of new ventures regarding how to set up and structure their new businesses. While there is...more
4/21/2023
/ Agribusiness ,
B Corporation ,
Business Licenses ,
C-Corporation ,
Cannabis-Related Businesses (CRBs) ,
Documentation ,
Entrepreneurs ,
Internal Revenue Code (IRC) ,
Investment ,
Jurisdiction ,
Limited Liability Company (LLC) ,
S-Corporation ,
Startups ,
Vesting