After helping form lots of cannabis companies, the conclusion that the limited liability company (LLC) organization structure is almost always the right choice is an easy one to make. A business plan may have different distribution schedules for profits and want to separate limited from general partners, all of these goals and more can be best served by an LLC.
Top three benefits of using an LLC for your cannabis startup.
- flexible ownership
- less formality
- strong limited liability protection
So our offices at Collateral Base have helped lots of cannabis teams organize the company and apply for a
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