Chapter 2 - § 2.5 CONCLUSION

• Jurisdiction: Colorado

§ 2.5 CONCLUSION

In conclusion, RMB owners, more so than the owners of businesses in nearly any other industry, must be aware of different corporate governance laws and how they affect the future of the company. The best governing structure may change over time, either due to a change in Colorado Cannabis Laws or due to a change in the Internal Revenue Code. In addition to laws related to the governing structure of the RMB, the company must be aware of and anticipate tax laws that may result in significant tax liability, guaranteed to be in excess of any other regulated industry. While the intent of this...