Cross Purchase Agreements vs. Buy/Sells
Cross Purchase Agreements vs. Buy/Sell Agreements Over the summer of 2021, we surveyed 831 Life & annuity companies in the united states to see if
You probably already know life insurance and annuities are pillars of financial services with a variety of traditional applications.
What you may not know is insurance companies are regulated at the State level which allows us to use this asset class to also solve problems unique to success in legal cannabis.
Watch the video to see how we’re disrupting cannabis financial services without waiting on Congress.
THE FIRST STEP IS TO DETERMINE THE EVERGREEN ANNUITY & LIFE PRODUCT(S) YOU WISH TO USE, BASED ON YOUR SPECIFIC GOALS AND COMPLETE A PRELIMINARY APPLICATION & COMPLETE OUR PREFATORY CASH COMPLIANCE DUE DILIGENCE.
ONCE YOUR APPLICATION IS COMPLETED AND APPROVED, WE’LL COORDINATE ARMORED CASH PICK UP OR PROVIDE WIRING INSTRUCTIONS.
UPON RECEIPT OF A TRANSFER OR AT TIME OF PICK UP, YOUR POLICY WILL BE ISSUED.
AT THIS STEP, YOUR POLICY IS NOW IN FORCE AND CAN BE USED TO GROW, ACCESS & PROTECT YOUR WEALTH.
We are solving the biggest problems in cannabis financial services using insurance products. These are just some of the things you can do when our products become available.
Absolutely, we built our cash compliance protocols for 7-8 figure scale. Transfers from cannabis friendly banks are also accepted.
Structured Financing is industry jargon for using your life insurance or annuity policies as collateral for a loan or transfer of ownership in exchange for a lump sum payment.
Evergreen’s products will offer you long or short term solutions with guaranteed or market based growth.
As with all annuity and life insurance products, there are inherent tax advantages built in as well.
Yes! Life Insurance & Annuity products are inherently tax-advantaged. We’ve also developed transaction structures that allow cannabis companies to decrease their tax liabilities in accordance with 280E.
We expect to bring our initial products to market in FY 2022.
We’re going to be domiciled in Michigan and once approved seek reciprocal approval in 14 additional states including California, Colorado, Florida and more.
Absolutely, life and annuity products are commonly used to create relatively low-cost Golden Handcuffs for key employees or executives.
Financial regulations take years to implement – if the MORE Act or SAFE Banking Act passed today it won’t change the market for cannabis financial services tomorrow.
When the Revenue Act of 1978 passed, creating 401ks, it took until 1984 for the first dollars to flow into these retirement accounts.
Cross Purchase Agreements vs. Buy/Sell Agreements Over the summer of 2021, we surveyed 831 Life & annuity companies in the united states to see if
The Source of Funds Problem In Cannabis If you’re not in the cannabis business, or close to someone who is, the source of funds problem
There are Zero Cannabis Buy/sell Agreements: Implications For Cannabis Founders & Investors When we first got started building Evergreen Annuity & Life, we knew there