Cohosted with:
Cannabis ESOPs: Why an ESOP is an Industry Game Changer, is a virtual panel discussion featuring Steven Monacelli, Tax Partner at Withum, Hannah King, a Partner with the cannabis law group at Dentons, Darren Gleeman, Managing Partner of MBO Ventures, and moderated by Amy Rubenstein, Partner at Dentons.
Who should attend this on-demand webinar:
This webinar is designed for the owners of cannabis businesses who are interested in alternatives to transitioning out of their business. Business owners who are considering selling their business will learn about the Employee Stock Ownership Plan (ESOP) option, its significant tax advantages, and the nuances of navigating an ESOP transaction and approvals by regulators in their state. This webinar includes a discussion of how cannabis businesses can:
- Pay Zero Income Taxes: Uncover the strategies to pay zero income taxes by structuring their cannabis firm as an ESOP.
- Double/Triple Their Cash Flow: Learn from industry experts how implementing an ESOP can lead to a significant boost in their cash flow.
- Increase Worker Retention by 300%: Explore the powerful impact of ESOPs on workforce retention, potentially increasing it by up to 300%.
- Sell Their Firm to Employees: Gain insights into the process of selling their cannabis business to their employees through an ESOP structure, fostering a sense of ownership and commitment.
- Access Regulatory Guidance: Hear directly from experts on how to collaborate with regulators to ensure seamless ESOP approval in their state.
Meet Our Speakers:
- Steven Monacelli, Tax Partner, Withum
- Hannah King, Partner, Dentons: A cannabis lawyer and leading authority on the highly regulated and complicated cannabis industry
- Darren Gleeman, Managing Partner, MBO Ventures: An ESOP advisor, investment banker, and prolific angel investor
- Moderated by Amy Rubenstein, Partner Dentons: a corporate and cannabis lawyer focused on highly-regulated industries
Watch the Webinar:
Watch Cannabis ESOPs: Why an ESOP is an Industry Game Changer webinar on-demand now! Click the link below to access expert strategies on leveraging ESOPs for tax advantages, cash flow boosts, and employee retention in your cannabis business.
