Ownership & Capital Structuring
Cannabis-specific entity formation, operating agreement design, and investor agreement structuring with regulator-facing disclosure in mind. Coordination with transactional counsel; the practice does not provide legal advice.
How the work is shaped
Cannabis ownership is two parallel disclosures: what the regulator needs to see, and what the investor needs to receive. These are often in tension — investors want optionality on transfer; regulators require pre-approval on the same. The structure is in the alignment.
The practice has structured A4151-compliant investor agreements in New Jersey, restructured retained-interest arrangements under California’s DCR transfer restrictions, and amended operating agreements to centralize Manager authority for ongoing license-side reporting. All transactional documentation is finalized by counsel; the practice provides the regulatory framing.
Discuss a ownership & capital structuring matter.
Initial conversations are confidential and without obligation. The practice will assess fit before proposing scope.
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