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
March 31, 2022 will mark the first anniversary of former Gov. Cuomo’s signing of New York’s cannabis legalization legislation, the Marihuana Regulation and Taxation Act (MRTA). What has changed since then? And do we know more...more