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This program will discuss various corporate and business law considerations relevant to operating in the cannabis industry. It will cover alternative entity structures that businesses can use when operating in the cannabis industry; concerns for intra-state and inter-state operations for businesses that come directly into contact with the cannabis plant (e.g., growers, processors or distributors) and those businesses that only indirectly have contact with the cannabis plant (e.g., real estate lessors); and debt and equity financing in the cannabis industry, from both the company and the investor/lender perspective.
The program will also cover relevant business law concerns such as tax considerations (for example, IRC 280E planning), risk management and insurance, contract and contract enforcement (including the implications for bankruptcy), and will briefly touch on intellectual property (particularly from the structuring side) and employment law considerations. While the rules in every state with a regulated cannabis regime are different, the course will cover some common approaches that businesses nationwide have taken to address these issues.
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