As a cannabis business owner or executive, you may want to consider offering equity compensation to your employees. Including stock or other equity in your business can be an effective way to keep employees motivated and personally invested in the business. But equity compensation plans can be complicated and require careful consideration of state and federal law, tax considerations, and the unique context of the cannabis industry. You should make sure your equity compensation plan:
- Complies with the law.
- Achieves the objectives of your business.
- Is tax efficient.
Warner attorney Dan Persinger discusses the advantages and potential pitfalls of equity compensation. Watch the video below.
Creating a Successful Equity Compensation Package for Your Cannabis Business
Look for additional Warner monthly podcast recordings from Warner’s Cannabis Industry Group.