Gleeman sheds light on Employee Stock Ownership Plans (ESOPs) and their potential to help cannabis companies avoid the dreaded 280e tax code. Discover the inner workings of ESOPs, their structure, and the benefits they offer to both businesses and employees. Gain insights into how ESOPs can play a crucial role in building a thriving cannabis industry.

📚 Top Topics Covered:

1️⃣ Understanding ESOPs: Gleeman walks us through the concept of ESOPs, which provide an alternative way for business owners to sell their companies.

2️⃣ The Tax Subsidy Advantage: Learn about the government incentives behind selling to employees and how ESOPs can help employees gain equity and ownership.

3️⃣ Deferring Capital Gains: Discover the significant tax benefits of selling a company through an ESOP, including the deferral of capital gains tax, leading to substantial savings.

4️⃣ ESOPs in the Cannabis Industry: Gleeman explains how ESOPs can be structured specifically for cannabis businesses, addressing the unique challenges posed by the industry.

5️⃣ Public vs. Private Companies: Gain insights into the differences and limitations of implementing ESOPs in publicly traded cannabis companies versus private companies.

6️⃣ A Game-Changing Solution: Explore how ESOPs can transform company culture, instill a sense of ownership among employees, and potentially enhance retention rates.

7️⃣ The Future of ESOPs in Cannabis: Gleeman shares his growth trajectory and projections for the industry, highlighting opportunities for private companies to leverage ESOPs.

🌟 Don't miss this eye-opening interview as Darren Gleeman provides a deep dive into ESOPs and their potential to reshape the cannabis landscape. Join us for a discussion that could change the way you think about taxes and ownership. 🌟