Sample Marijuana Business Operating Agreement
Need help understanding what a Marijuana Business Operating Agreement should entail? Download our Sample Marijuana Business Operating Agreement drafted by an experienced marijuana attorney.
This product comes with two (2) sample documents that outline the ownership and member duties of your marijuana business in order to set out the financial and working relations among business owners (“members”) and between members and managers. The form and contents of the sample operating agreements contain the basic following sections to include marijuana business specific verbiage:
- Identifying Information
- Statement of Intent
- Business Purpose
- Term
- Tax Treatment
- Admission of New Members
- Identification of Members and Managers
- Capital Contributions
- Additional Capital Contributions
- Distribution of Profits and Losses
- Member Meetings and Voting
- Management
- Duties and Compensation of Members
- Admission and Withdrawal of Members
- Transfer of Interest
- Death of a Member
- Dissolution
Please Note: The Sample Marijuana Business Operating Agreement is a template and not specific to any geographic region. You will be responsible for customizing the template plans to fit your market, business and state laws.
