How to Open a Dispensary in Montana: The 2025 Guide to Licensing & Compliance
The Montana cannabis industry is expanding, and July 1, 2025, marks a key milestone—new dispensary licenses will be available. But here’s the catch: If you’re not prepared, you’ll be left behind. At Collateral Base, LLC, we specialize in helping entrepreneurs, MSOs, and investors get licensed, navigate compliance, and set up profitable dispensaries. We bring you […]
Optimal Retained Earnings Strategies for 2025
Introduction Welcome to 2025—a year that’s shaping up to be one of the most transformative in recent history. The political and economic winds have shifted dramatically since President Donald Trump returned to the White House. Backed by Elon Musk’s new Department of Government Efficiency (DOGE), the administration is on a mission to simplify regulations, boost […]
Comprehensive Guide to SAFE Offerings for Startups: C-Corporation vs. LLC
Startups face unique challenges when raising funds, especially during their early stages. One of the most effective tools for simplifying the process and attracting investors is the Simple Agreement for Future Equity (SAFE). In this guide, we’ll explore how SAFEs work, how they differ when used by C-Corporations versus LLCs, and key strategies for compliance, […]
Cannabis Licensing Compliance: 10 Steps Every New Dispensary Owner Needs to Know
Entering the burgeoning cannabis industry as a dispensary owner is an exciting venture filled with immense potential. However, mastering cannabis licensing compliance is crucial for operating successfully and sustainably. Adhering to regulatory requirements isn’t just a legal obligation; it’s the cornerstone of a thriving business. Non-compliance can lead to hefty fines, legal entanglements, or even […]
How to Prevent Commercial Litigation: Key Strategies for 2025
If your company does not have a policy to prevent commercial litigation, it’s a large unmanaged risk to your business. In 2024, businesses are navigating a complex landscape marked by market instability and evolving regulations. The surge in commercial litigation has become a significant concern for business owners and executives. Proactive risk mitigation through smart […]
Specific Performance of Contract in Court
Legal Remedies: Specific Performance of Contract Explained Introduction Specific performance of contract is a powerful equitable legal remedy in contract law that mandates a party to fulfill their contractual obligations according to the exact terms of the agreement. This remedy is typically requested by a plaintiff against a defendant as the injured party to a […]
LLC vs. Corporation: Legal structures for startups
Legal Structures for Startups: LLC vs. Corporation Choosing the right legal structure is one of the most important decisions a startup founder will make in their business formation. The choice between forming a Limited Liability Company (LLC) or a Corporation (C Corporation or S Corporation) has significant implications for taxes, liability, and the ability to […]
Illinois Commercial Litigation: Essential Insights
Illinois Commercial Litigation: Key Strategies for Business Disputes A large percentage of business disputes in Illinois eventually lead to commercial litigation. Most will end in settlement after the lawsuit is filed, but that will cost years of time and tens of thousands of dollar sin attorney’s fees. How can companies effectively navigate these challenges to […]
When to Start an LLC for Real Estate
When to Start an LLC: Real Estate Guide Choosing when to start an LLC for real estate can feel overwhelming. You need to get an attorney to help form the real estate LLC, draft the operating agreement, articles of organization, get the federal employer identification number, and even pick a name. But it is not […]
How to Tell When to Start an LLC for Your Business
Your startup’s decision between a sole proprietorship, LLC, or corporation is crucial for protecting your personal assets and managing taxes. A sole proprietorship offers no liability protection, meaning your personal assets are at risk. An LLC, or limited liability company, is a whole different legal entity from you! This provides a layer of liability protection […]
