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BUILDING A RECREATIONAL CANNABIS BUSINESS Legal, Legislative And - PowerPoint PPT Presentation

BUILDING A RECREATIONAL CANNABIS BUSINESS Legal, Legislative And Public Affairs Services To Get It Done In Illinois 328 S. Jefferson Street, Suite 909, Chicago, Illinois 60661 T: 312.332.6600 F: 312.332.0419 www.rkchicago.com


  1. BUILDING A RECREATIONAL CANNABIS BUSINESS Legal, Legislative And Public Affairs Services To Get It Done In Illinois 328 S. Jefferson Street, Suite 909, Chicago, Illinois 60661 T: 312.332.6600 • F: 312.332.0419 www.rkchicago.com • www.trgil.com

  2. RECREATIONAL CANNABIS IS LEGAL... …But There’s Still Plenty To Figure Out. Businesses and state and local governments need to work out: - Licensing processes. - Business regulations. - Legal norms to move around federal law. - Banking and finance solutions. - Solutions to political and NIMBY concerns around new facilities.

  3. THE COORDINATED APPROACH Our three sister firms provide solutions for every kind of legal and government concern. Legal and Chicago government solutions. Illinois legislative and executive government solutions. Public affairs and communications solutions.

  4. ILLINOIS LEGISLATIVE SOLUTIONS Our ability to negotiate directly with the House Speaker, the Senate President, and their top-level staff underpins our ability to pass and defeat legislation.

  5. ILLINOIS EXECUTIVE BRANCH Access creates opportunities. Our personal relationships with the Governor and Lieutenant Governor date back well over a decade. Members of our firm worked on the campaign and will work in other capacities in the new administration.

  6. RULEMAKING Roosevelt Group’s lobbying relationships and Reyes Kurson’s legal insight can address your needs with: - Department of Agriculture cultivation regulation and transportation licensure. - Department of Revenue regulation of sales and employee taxes. - Regulations and policies from Department of Professional and Financial Regulation.

  7. LEGAL ASSISTANCE Reyes Kurson’s legal team has deep experience from decades of gaming and alcohol regulatory experience. Our attorneys can assist with: Compliance – Our legal practice lead was Chief Compliance Officer for Ataraxia, now Verano. We can assist with audits and other government examinations. Licensing – We have drafted state license applications in Illinois and other states for medical marijuana dispensaries and cultivation facilities and secured licenses for other highly regulated industries like alcohol manufacturing, currency exchanges, pawn shops, and adult entertainment venues. Corporate Structure – We have already designed complex corporate LLC and C-Corp structures in this space and can draft bylaws, operating agreements and partnership agreements.

  8. CERTIFICATIONS Expand opportunities for your qualifying businesses. Our minority-certified law firm can help you find teaming opportunities for new enterprises. We can help you select and secure appropriate certifications.

  9. BUILDING A STRONG ENTERPRISE Funding – Our team has raised millions of dollars for cannabis businesses. We have banking solutions for loans and debt structures. Land Use and Real Estate – We have on-the-ground experience with local governments who make permitting and zoning decisions. Our attorneys will negotiate and review letters of intent and contracts, assist with due diligence and coordinate closings. Real Estate Tax – Our attorneys have successfully argued real estate tax cases appealed all the way to the Illinois Supreme Court. Contracts – We draft agreements that comply with nuanced state law that are acceptable to state regulators, including management and related entity real estate contracts.

  10. BANKING AND FINANCIAL SERVICES Even state-licensed cannabis businesses face substantial hurdles to obtaining financial services due to federal law and regulations. We can help you: - Find the right, qualified financial services. - Comply with federal anti-money laundering laws and regulations. - Identify alternatives to traditional banking institutions. - Develop creative solutions to mitigate risk.

  11. PUBLIC AFFAIRS Manage your message before community and political challenges arise. Iluminara’s team can handle: Multimedia Production – Our digital media team quickly develops audio and video content for clients who need rapid response messaging. We place engaging information on the platforms where audiences live, including social media, YouTube, and emerging platforms when new approaches are warranted. Media Strategy – With expertise in message development, crisis management, and media training, our team excels at simplifying complicated topics. Community Interactions – We provide imaginative issue-advocacy solutions, help form coalitions, conduct direct outreach, research public opinions and manage events.

  12. Know The Who and How Location Contact Us 328 S. Jefgerson Street www.trgil.com Suite 909 www.rkchicago.com Chicago, Illinois 60661 www.iluminara.co 312.332.0055

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