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On Demand

Business Law – Formation 201 - Drafting for cannabis business entities


Average Rating:
   4.8
Category:
Business |  Business of Law |  Corporate Governance |  Social Equity
Faculty:
Stephan Ferris |  Sahar Ayinehsazian |  Mitzi Vaughn |  Ati P. Khatri
Duration:
1 Hour
Format:
Audio and Video
SKU:
INCBA05272021OD
License:
Access for 6 month(s) after purchase.



Description

This webinar will review the different types of internal documents which are needed for a business entity in the cannabis industry, and key considerations for drafting. Topics will include drafting internal agreements such as Operating Agreements and Bylaws, drafting equity incentives, drafting simple fundraising agreements, drafting agreements with equity applicants, and exit strategy considerations in drafting.

Credits


General

This program is eligible for 1 hours of General CLE credit in 60-minute states, and 1.2 hours of General CLE credit in 50-minute states. Credit hours are estimated and are subject to each state’s approval and credit rounding rules. 

INCBA webinars are eligible for credit in the following states: AR, AL, AK, AZ, CA, CO, CT,DE, GA, HI, IL, IN, MN, MS, MO, NV, NH, NJ, NM, NY, NC, ND, OH, OR, PA, TN, TX, UT, VT, WV, and WI . Additional states may be available for credit upon self-application by attendees. States typically decide whether a program qualifies for MCLE credit in their jurisdiction 4-8 weeks after the program application is submitted. For many live events, credit approval is not received prior to the program.

INCBA on demand programs are eligible for credit in the following states: AR, AL, AK, AZ, CA, CO, CT,DE, GA, HI, IL, IN, MN, MS, MO, NV, NH, NJ, NM, NY, NC, ND, OH, OR, PA, TN, TX, UT, VT, WV, and WI . Additional states may be available for credit upon self-application by attendees. States typically decide whether a program qualifies for MCLE credit in their jurisdiction 4-8 weeks after the program application is submitted.

For current accreditation status, please select your jurisdiction below.



Handouts

Faculty

Stephan Ferris's Profile

Stephan Ferris Related seminars and products

Law Office of Stephan F. Ferris


Stephan Ferris is the founder of the Law Office of Stephan F. Ferris, a cannabis, business, and queer entertainment focused law practice with a primary residence in San Francisco. He is part of an emerging generation of openly queer and sexually progressive activist attorneys who see the law as an opportunity to make social, civic, and cultural change. Stephan serves on the board of directors of Bay Area Lawyers for Individual Freedom (“BALIF”) and on the Continuing Legal Education committee of the International Cannabis Bar Association.
 


Sahar Ayinehsazian's Profile

Sahar Ayinehsazian Related seminars and products

Vicente Sederberg LLP


Sahar Ayinehsazian is an attorney in Vicente Sederberg's Los Angeles office, where she focuses on cannabis banking, corporate transactions, and regulations. With her specialized knowledge, Sahar helped to establish and currently co-chairs Vicente Sederberg's Banking and Financial Services Department. As a member of the National Cannabis Industry Association’s Banking Access Committee, Sahar also works on strategy and educational advocacy to enable state-licensed businesses to obtain accounts at depository institutions.

Prior to joining Vicente Sederberg, Sahar served as the director of regulatory and governmental affairs at a multi-state money transmitter servicing the cannabis industry, where she developed a comprehensive understanding of credit card flow, banking and cannabis compliance. She holds a Bachelor of Arts, with honors, from the University of California, San Diego and a law degree from Loyola Law School, where she was a Loyola Scholar.


Mitzi Vaughn's Profile

Mitzi Vaughn Related seminars and products

Shareholder

Karr Tuttle Campbell


Mitzi Vaughn is a shareholder at Karr Tuttle Campbell in Seattle, Washington. She represents cannabis clients in matters of regulatory compliance, corporate transactions and governance, and intellectual property. She was a founding board member of the International Cannabis Bar Association and currently sits on its advisory board. 

 

From 2017 to 2020, Mitzi was the Chief Legal Officer of a company that provides intellectual property licensing, financing, real estate and hard assets leases, and other support to U.S. and international cannabis and hemp enterprises. From 2013 to 2017 she worked with Greenbridge Corporate Counsel, a transactional law boutique exclusively serving the cannabis industry. She served as its Managing Attorney. She has advised governmental bodies regarding cannabis regulation, including the Jamaican Cannabis Licensing Authority, the Hawaii Legislature’s Joint Health Committee, members of the Washington State Legislature, and the Washington State Liquor and Cannabis Board.

 

She is also active in many drug policy reform organizations; she serves as General Counsel to The Cannabis Alliance (WA), is an Advisory Council member and General Counsel for Students for Sensible Drug Policy (SSDP), and is a board member of Drug Reform Coordination Network and DRCNet Foundation.

 

Mitzi was awarded a J.D. from the University of California at Berkeley School of Law, studied international human rights at Central European University in Budapest, Hungary, and earned a B.A. in History, magna cum laude, from the University of Texas at San Antonio.


Ati P. Khatri's Profile

Ati P. Khatri Related seminars and products

HMB Legal Counsel


"Ati is a partner in HMB’s Business and Finance Group and leads the firm’s Debt Finance and Banking group. He focuses his practice on mergers and acquisitions, financial transactions and general counsel matters, working very closely with founders and investors alike. In addition, Ati leads the firm’s ETA/Search Fund efforts.

Ati helps privately-held companies, technology firms, banks, lenders, executives, investors and investor groups in all areas of transactional, business planning and general corporate matters. He is involved in the entire life cycle of a company, from inception to exit, and he prides himself on being the first phone call that his clients make for nearly all general corporate matters.

For clients in the cannabis industry and other emerging industries, Ati helps clients navigate unsettled and differing statutes, regulations and industry-specific legal developments, and guides clients on corporate structuring issues, financing and investment transactions, and general corporate matters throughout the course of the company's life cycle."


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Overall:      4.8

Total Reviews: 7

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