DRAFTING NON-COMPETE AND NON-SOLICITATION CLAUSES COURTS WON’T REJECT
When an employee works for a business, the employee often gains access to the business's proprietary property or trade secrets, such as pricing or customer lists. These trade secrets are often extremely valuable assets, which companies should seek to protect.
Businesses must understand how to properly and effectively protect...
PORE SPACE OWNERSHIP AND USE IN THE CARBON CAPTURE INDUSTRY
As global warming has emerged as a real threat to the environment, private companies are seeking innovative ways to reduce their carbon emissions. One way to do this is through a process known as carbon capture and storage, or CCS.
CCS is a process in which carbon is injected...
SECURITIES IMPLICATIONS WITH SOLICITING INVESTORS
Under US securities laws, the default rule is that every purchase or sale, or offer of a purchase or sale, of a security must be registered with the SEC, unless there is an exemption available for such purchase or sale. Going through the formal SEC registration process is expensive and time-consuming. Most...
S-CORP VERSUS C-CORP – PROS AND CONS
Determining the best corporate structure for your new business can seem daunting. You may not know where to start in determining what's best for your business. Some business owners create limited liability companies, or LLCs. Others find that their business works better as an S Corporation or a C Corporation.
NAVIGATING THE LICENSING AND PERMITTING PROCESS IN COLORADO
With the influx of new legislation allowing more and more businesses to operate cannabis businesses in Colorado, it is crucial for business owners to understand which licenses are required in order to operate.
This article dives into the history of the legislation that has been passed to allow businesses...
TRADEMARK INFRINGEMENT IN THE CANNABIS INDUSTRY: WM. WRIGLEY JR. COMPANY V. TERPHOGZ, LLC
Before we get into the nitty gritty details of the Wrigley case, let's do a quick refresher on what a trademark is and why they are economically important. A trademark is a phrase, symbol, insignia, word, or specific attribute of a product that differentiates...
ASSISTANCE AND CREDIT FOR SOLAR PANELS AND ZERO EMISSION VEHICLES IN COLORADO
Climate change has hit Colorado particularly hard in recent years, as evidenced by severe droughts, record heat, and several massive wildfires. Colorado has taken bold and aggressive initiatives towards lowering greenhouse gas emissions and incentivizing residents and businesses to become more energy efficient. The state has done this, in part, by offering...
WHEN CAN AN LLC BE DISSOLVED?
Any individual involved in a business may have come across the notion of dissolving before. It is crucial to understand:
What a dissolution is, When an entity can be dissolved, How to dissolve a business, and Whether...IRS FORM 990: MAINTAINING COMPLIANCE
IRS Form 990 is a tax form for informational purposes that most tax-exempt organizations must file annually. Generally, the form gives the IRS a breakdown of the organization's activities, governance, and detailed financial information.
Form 990 also includes a section...
SECTION 280E AND THE CANNABIS INDUSTRY
In 1970, the Controlled Substances Act declared cannabis illegal. Cannabis was placed on Schedule I, meaning it had a high potential for abuse and no medicinal properties. Less than 30 years later, in 1996, California passed Proposition 215, which legalized the medicinal use of cannabis in the state and several...