Updates

[Webinar] The Power of ESOPs: Broad-based Efficiency and Growth Strategies for the Cannabis Industry

Feb 1, 2024

Are you ready to unlock the power of ownership in your cannabis business? Imagine engaged employees, boosted morale, and significant tax advantages – all while strengthening your company's foundation for sustainable success. This isn't just a dream; it's the reality that Employee Stock Ownership Plans (ESOPs) can bring to your cannabis enterprise.

Watch this recorded webinar with Vicente partner Jeremy Shaw, Morrison Cohen partner Tali Newman, and VP of CSG Partners Andrew Nikolai. Panelists will provide an in-depth overview of ESOPs in the cannabis industry, the unique federal tax-exempt status of ESOPs, and why certain cannabis businesses are ideal candidates for ESOP restructuring.

Topics of discussion may include:

  • Explore what an Employee Stock Ownership Plan (ESOP) is and how it works
  • What are the benefits of an ESOP, including information about its federal tax-exempt status
  • Learn what characteristics make certain cannabis businesses uniquely suited for ESOP restructuring
  • Understand the process to obtain regulatory approval to restructure your cannabis business as an ESOP

Panelists:

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Commercial Transactions, Jeremy Shaw, Webinar