Dispensary Financial Models
Financial models for a dispensary detail the cash flows of the business based on either assumptions or market data from your existing operations. Financial models are often required for your dispensary application. if you do not have enough liquidity to open your dispensary, financial models are required to get investors interested in the business opportunity […]
How to Build Cash Flow Statement for Your Cannabis Business
Need Help to understand your “Cash Flow Statement”? Then this is the right place for you! The hasty growth and dynamic nature of the cannabis industry have culminated in barbarian and hyper-inflated business valuations, making it immensely tough for companies to derive in on a fair valuation as they follow to amass in the up-and-coming […]
Virginia Cannabis Lawyer
Virginia Cannabis Lawyer Earlier this year, Virginia voted to legalize adult-use marijuana becoming the first southern state to do so. Under the newest legislation on the matter, home cultivation and personal possession will become legal as of July 2021, but retail sales will not begin until 2024. In this sense, you won’t be seeing dispensaries […]
Ohio Cannabis Lawyer
Ohio Cannabis Lawyer Are you from the buckeye state and want to establish a cannabis business? Having a good cannabis lawyer in Ohio makes the difference between getting a license or not. Even though Ohio’s medical marijuana market had a bumpy start, the market has a bright future ahead in terms of its prospects for […]
Michigan Cannabis Lawyer | Marijuana Business Attorneys in MI
Michigan Cannabis Business Law Firm If you’re looking for answers to your cannabis law questions, search for experienced and knowledgeable marijuana lawyers across the state of Michigan. You can find marijuana law services for Michigan’s cannabis industry righter heat at Collateral Base Business Lawyers. We have over 20 years of experience in business law and […]
Business Succession Planning with Trusts
For a quick assessment of your needs – let’s talk to discuss how Trusts can help your business. Business Succession Planning with Trusts Understanding how a trust can help with your business succession is key to assuring your financial stability, both in planned transitions and unplanned transitions of your business. You may be looking ahead […]
When Is An LLC Needed
We want to help you out on your business journey and explain to you when a corporate liability shield, like an LLC or corporation is needed or not. As small business owners it can be extremely valuable to find guidance in what you should be doing for your business and when. We are going […]
How To Stop Check Kiting Scams
Check Kiting constitutes a type of bank fraud very popular before the early 2000’s. A federal regulated called Check 21 prevented most check kiting schemes since its passed in 2004. Even though not as common as it used to be, check kiting is still present in many fraudulent transactions. Here we explain to you everything there […]
Fiduciary Duty Litigation
A fiduciary duty is an obligation that exists in a relationship in which one of the parties has the best interest when acting on the other party/es behalf. There are multiple types of fiduciary duties. Some examples can be the obligations between lawyers and clients; shareholders and directors; between business partners; and many others where […]
What Is an Accredited Investor?
230.501 Definition of Accredited Investor as used in Regulation D A section 501 accredited investor means someone that fits the criteria of Section 501’s definition of “accredited investor.” A legal term of art defined under Regulation D found in Section 5 of the Securities Act of 1933. An “accredited investor” means a person or legal […]
