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Taxation Agribusiness Cannabis-Related Businesses (CRBs)

Husch Blackwell LLP

ESOPs for Cannabis Companies

Husch Blackwell LLP on

Employee stock ownership plans (ESOPs) have been used as a business succession strategy by employers across many industries. In the cannabis industry, ESOPs have come and gone and come again as a trendy topic promising to fix...more

Warner Norcross + Judd

CRA Social Equity Program Incentives and Opportunities for Community Reinvestment

Warner Norcross + Judd on

The Cannabis Regulatory Agency’s (CRA) Social Equity Program arises from a provision of the Michigan Regulation and Taxation of Marihuana Act (MRTMA) designed to promote and encourage participation in the cannabis industry by...more

Vicente LLP

Navigating Minnesota’s New Rules for Manufacturers and Sellers of Lower Potency Hemp-Derived Edible Products

Vicente LLP on

Unlike so many other state cannabis laws that impose separate and distinct regulatory frameworks for hemp and cannabis, Minnesota’s newly enacted recreational cannabis law (“Adult-Use Act”) incorporates hemp-derived...more

Sheppard Mullin Richter & Hampton LLP

California Cannabis Farmers May Finally Get Some Relief

Residents of California often complain about high taxes, but no one pays higher taxes than the cannabis industry. In addition to the Federal 280E penalties, the cannabis industry in California is subject to a 15% state-wide...more

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