What if there was a legal way for cannabis companies to eliminate federal income tax and reward employees with ownership at the same time? Darren Gleeman, Managing Partner of MBO Ventures, joins the show to break down the rise of ESOPs (Employee Stock Ownership Plans) in the cannabis industry.
In this episode, we explore:
- Why ESOPs are a "game-changer" for cannabis companies
- How they help companies legally avoid the burden of 280E
- What MSOs (multi-state operators) and smaller cannabis businesses need to know
- How selling your company to your employees can boost valuation, reduce taxes, and create long-term loyalty
- The surprising political role cannabis could play in the 2024 election
Whether you're an operator, investor, or just curious about business strategy in cannabis, this is a conversation you won't want to miss.
📘 Darren's Book on ESOPs: https://a.co/d/d6TPq9E
🔗 Learn more at: https://mboventures.com
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