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Choosing the Right Entity for a Cannabis Business: LLCs

By Griffen Thorne, Attorney at Harris Bricken One of the most important decisions a new cannabis business can make is the form of entity it will use. In fact, one of the first questions businesses ask is whether the right…

Entity structure considerations for MSOs

April 4, 2022
Dave McManus
Accounting, Multiple State Operators, Taxes
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Multi-state operators may need to weave a complex web when it comes to corporate structure. Operators entering new jurisdictions must consider many factors, the most significant being tax exposure, licensing restrictions, and potential exit scenarios as they determine which entity…

Destiny Unbound: New York (Finally!) Passes Recreational Marijuana Legislation

Despite a pandemic, an impeachment investigation, and a $15 billion budget shortfall, New York has finally passed adult-use marijuana legislation. On March 30, 2021, the New York Senate and Assembly passed, with overwhelming support, the Marijuana Regulation and Taxation Act…

At Last, Here Come the Lawyers to the Cannabis Commerce Scene!

What’s that sound? Off in the distance, the mighty sound of hoofbeats, kicking up a storm of dust. Gucci-clad men and women with white cowboy hats emerge from the surge, here to provide their best legal advice and services: It’s…