Corporate Law
Recognized Corporate Law Expertise
The Law Office of Shay Aaron Gilmore advises clients regarding business formation, corporate transactions, and governance to provide a solid foundation for future growth and to develop the framework to withstand disputes, while protecting the owners from personal liability. Shay has been recognized as a Super Lawyer in Business & Corporate Law, and as one of the Top 100 Lawyers in Northern California across all practice areas, by Super Lawyers® Magazine.
Can You Help Me Sell or Buy a Cannabis Business?
From Shay’s interview for the Master’s series on ReelLawyers.com
Absolutely, I can help you purchase or sell a cannabis business in California. I can guide you through the regulatory landscape, including both the state regulatory environment and the local regulations that apply to the business.
If you’re looking to purchase a cannabis business, I can assist in identifying a suitable opportunity for acquisition. And if you’re looking to sell, I can help determine the value of your business by working with you to conduct an evaluation—taking into account intangible assets—and help you develop a marketing strategy for the sale.
Business structure directly impacts legal liability for owners if the company becomes involved in any disputes with third parties, or if there are ownership disputes. Our corporate law practice includes all the services a cannabis business needs, including but not limited to restructuring business forms, ensuring that your business is adequately capitalized, protecting officers and directors, and advising about ongoing corporate governance. The Law Office of Shay Aaron Gilmore provides legal services for cannabis operators and investors related to:
- Entity selection and business formation
- Governance
- Auditing
- Restructuring
- Due diligence issues
- Operational plans
- Partnership agreements
- Financing
- Contribution agreements
- Debt and other lending agreements
Trusted Cannabis and Hemp Corporate Counsel
When well planned and executed, mergers and acquisitions can take an existing business to a level of increased capability, allow it to offer new goods or services, or assist in gaining market share. Since opening in 2018, The Law Office of Shay Aaron Gilmore has successfully closed millions of dollars in M&A transactional value for cannabis industry clients. To support these transactions, The Law Office of Shay Aaron Gilmore provides the following legal services:
- Purchase and sale of cannabis-related businesses
- Mergers and acquisitions
- Shareholder agreements
- SEC issue counsel
- Collateralization agreements
- Strategic advising and transaction structuring
- Investment agreements
- Investment and vesting agreements
What Business Entity Types Do You Recommend for New Cannabis Businesses?
From Shay’s interview for the Master’s series on ReelLawyers.com
Yeah, it really does depend on a number of considerations, including legal and regulatory compliance, tax implications, liability protection, access to capital, and management structure. Each of these factors can influence the client’s decision when forming a new cannabis business.
