SIVA IN THE NEWS
Structuring Your Business – Things Considered
Whether expanding an existing operation or transitioning into the regulated landscape of cannabis, one of the challenges many individuals face is how to structure their business. While no two cannabis businesses are the same, the general considerations for structuring any business are indistinguishable.
When considering different corporate formations, the general goal is to structure the business in a manner which effectively limits personal liability and maximizes the business’s profit retention while also issuing as much earnings as possible to its owners.