#entity structure

by Jonathan Bench, Attorney at Harris Bricken We work with international cannabis companies that operate in the U.S., and we regularly field inquiries from others who want to enter the U.S. market. Some are already selling into the U.S. market through an intermediary like a broker or a sales agent. In the United States, there are four main ways to enter the market to do business, all of which…

Entity structure considerations for MSOs

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 structures will best support their expansion and goals. The goal of structuring is to create an efficient model that…

New states, new markets: financial modeling for MSOs

Becoming a multi-state operator (MSO) in the cannabis industry requires planning and adapting to regional nuances unlike almost any other business. Financial modeling is a crucial step to understanding what lies ahead, and operators have myriad state-specific factors to consider when projecting their balance sheet. With cannabis still illegal at the federal level, companies cannot transport…