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Blueprints For Successful Business Succession Planning

By Messner Reeves LLP | Sep 7th, 2023 | Private Client Services

A business succession plan can become fairly complex. Every successful plan will address three fundamental issues—who, what, and when. While the who and the what are critical, handling the when will require the right short- and long-term plans. By Stephen K. Lehnardt Private Client Services Attorney Two Plans For most business owner’s the most satisfying […]

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CBD & Industrial Hemp

Agricultural Improvement Act of 2018
New fields of opportunity for growers, manufacturers and investors
Assists in the adaptation to changes in federal law, as well as the state-level laws applicable to the cultivation and production
Start up
Ongoing business concerns

Real Estate

Drafting lease agreements for Landlords or Tenants in the cannabis space
Review and provide advice regarding commercial leases
Amendments to commercial leases
Drafting purchase and sale agreements
Due diligence for real estate purchases and sales

Litigation

Litigation against cities in defense of your cannabis business
Administrative hearings regarding the denial or revocation of business licenses
Civil litigation regarding commercial leases and landlord disputes
Civil litigation of zoning compliance issues
IP litigation
Litigation of contract disputes
Litigation of trademark disputes

Licensing/Compliance

Prepare state and local license applications
Drafting and managing of business and operational plans to be submitted to state and local municipalities for operational licenses
Advise businesses on local and state permitting and licensing processes
Periodic legal compliance audits
Monitoring existing and evolving state and local regulations

Banking & Financial

Raising capital
Financing
Investment portfolios
Access to banking options and counseling on how to obtain financing for a cannabis business
Investor counseling
Advising on lending money to cannabis businesses
Drafting promissory notes and other financing instruments

Corporate Structuring

Mergers and Acquisitions
Joint Ventures
Entity selection and registration
Drafting corporate governance documents
Drafting commercial contracts
Advice on buying and selling cannabis businesses
Advising on impact of Section 280E of IRS Code on businesses
Intellectual Property
Draft underlying contracts and attend to due diligence matters to buy or sell cannabis business

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Blueprints For Successful Business Succession Planning

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