Cannabis Startup 101: Which entity type is right for you?

David N. Feldman | Feldman Legal Advisors PLLC 

David N. Feldman, Managing Partner of Feldman Legal Advisors PLLC, concentrates his law practice on corporate and securities law and mergers and acquisitions, as well as general representation of public and private companies, entrepreneurs, investors, and private equity and venture capital firms. Mr. Feldman also represents investors, social media sites, public and private issuers and applicants for grow and dispensary licenses in the emerging cannabis and psychedelics sectors. The global guide Chambers & Partners has ranked Mr. Feldman as a leading US attorney in cannabis law for the last five years.

In addition the National Law Journal named him a “Cannabis Law Trailblazer” and Business Insider named him as a top lawyer in the cannabis industry. He provides guidance on private placements, public offerings, mergers and acquisitions, loan structuring and fund formation for cannabis and psychedelics companies, as well as corporate structuring advice and applications for grow, processing and dispensary licenses. He also advises on risk assessment issues for large, multinational businesses seeking to enter the cannabis industry. Mr. Feldman is the former team lead of an AmLaw 100 firm’s 60+ attorney Cannabis Industry Group.

Mr. Feldman also advises emerging growth companies in a variety of industries with regard to alternatives to traditional financing through initial public offerings, and he is considered an authority on public offerings through SEC Regulation A+. He published a book on that subject, called Regulation A+ and Other Alternatives to a Traditional IPO (John Wiley & Sons), in 2018, and three other books on finance and entrepreneurship prior to that.

A graduate of the Wharton School of Business and the University of Pennsylvania Law School, David also is a partner in Skip Intro Advisors, LLC, a cannabis and psychedelics consulting firm focused on strategic advisory, financial consulting, branding and technology.

I. What are the pros and cons of different entity choices? | 1:00pm – 1:30pm

II. What regulatory considerations in cannabis impact on these decisions? | 1:30pm – 2:00pm

Break | 2:00pm – 2:10pm

III. What ownership and compliance questions need to be addressed upon and following formation? | 2:10pm – 2:40pm

IV. How are governance decisions different in the cannabis industry? | 2:40pm – 3:10pm