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Cannabis-Related Businesses (CRBs) Change of Ownership

Vicente LLP

How Cannabis Companies Use ESOPs for Tax Savings and Ownership Transition

Vicente LLP on

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

Vicente LLP

10 Updates on New York’s Cannabis Market

Vicente LLP on

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

Tonkon Torp LLP

Cannabis License Rights Transfer 101 – Planning Is Key

Tonkon Torp LLP on

It is a common misconception that cannabis licenses themselves are transferrable when in fact, by statute, they are not. It is possible, however, to contract with a licensed business to purchase (or sell) the rights to hold a...more

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