Ethan Walker | Esqone

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Ethan Walker

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Deal Totals$185 Million

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Ethan Walker posted this 1 month ago

Banking, Taxes, and Weed: Areas Every Cannabis Lawyer Should Understand 🏦 Banking is still tricky Most banks won’t touch cannabis money — it’s still illegal federally. 💳 Cash-heavy businesses Your clients might be storing large sums. Help them stay compliant with reporting rules. 📄 IRS still wants its cut Even if cannabis is illegal federally, taxes are still due. Section 280E limits deductions. 🧾 280E = tax headache Cannabis businesses can’t deduct most normal expenses. Structure matters. 🏛️ Watch for local rules Each state, city, and even county can have its own licensing and tax rules. 🧠 Know compliance red flags Licensing errors, inventory tracking, employee issues — one slip can shut a business down. 📉 Audit risks are high The IRS loves auditing cannabis businesses. Help clients keep tight records. 👔 Business structure matters LLC? S-corp? Partnership? Pick one that helps limit liability and manage taxes. 🚫 No federal bankruptcy Cannabis businesses can’t file for federal bankruptcy protection. Plan exits wisely. ⚖️ Bank Secrecy Act is real If clients use banks, know what info the bank will report to feds. 📝 Tip for lawyers Partner with CPAs and compliance pros. It’s a team effort in this space.

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Ethan Walker posted this 1 month ago

From Solo to Small Team: When and How to Hire Your First Associate You're drowning in work. 📆 Deadlines are piling up. 📩 Emails go unanswered for days. That’s your sign—it’s time to bring someone in. Here’s how to do it right: Don’t hire out of panic. Know what tasks are repeatable and hand-off ready. List what you actually need help with. Briefs? Court appearances? Client calls? Start with part-time or contract. Test the waters before going full-time. Track your revenue. If you’re consistently booked out, you can afford help. Hire for mindset, not just resume. You want someone who’s hungry to learn, not just pad their CV. Set expectations early. Define communication style, deadlines, and quality standards. Let them shadow first. Don’t toss them into court on day one. Use clear agreements. Spell out pay, responsibilities, and confidentiality. Share your systems. Teach how you draft, file, bill—make onboarding smooth. Keep the feedback loop open. Start with weekly check-ins. Adjust as you go. Don’t wait for perfection. The first hire won’t be perfect. Just be clear, kind, and consistent.

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$185 Million

Walker Capital Partners Acquires Horizon Asset Holdings in $185 Million Strategic Expansion

MergersAndAcquisitions Arbitration AssetManagement CorporateLaw FirstAmendment LegalAdvisory PrivateEquity Bel Air, MD

Senior Arbitration Counsel

June 24, 2026 at 07:28 pm

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