Vital Considerations for Your EB2 NIW Business Plan if You Are Starting a Cannabis Business

1. Vital Consideratons for Your EB2 NIW Business Plan if You Are Startnn a Cannabis Business The Employment-Based Immigratonn econd Preference (EB2) is a program that, as the name implies, is an employment-based immigraton isa that focuses on foreigners with ad anced degrees or exceptonal ability. You will typically need sponsorship from a United tates employer but an excepton, known as the Natonal Interest Wai er (NIW), exists. If you plan to pursue this opton as it applies to your business expertse, you will likely need an EB2 NIW Business Plan. Recently, certain types of cannabis were federally legalized meaning your EB2 NIW business plan may be a cannabis business plan. Per the EB2 NIW requirements, in order to claim exceptonal ability in business you must meet at least three of the following criteria as listed on the U CI websiten · Official academic record showing that you ha e a degree, diploma, certicate, or similar award from a college, uni ersity, school, or other insttuton of learning relatng to your area of exceptonal ability · Letters documentng at least a0 years of full-tme experience in your occupaton

2. · A license to practce your profession or certicaton for your profession or occupaton · E idence that you ha e commanded a salary or other remuneraton for ser ices that demonstrates your exceptonal ability · Membership in a professional associaton(s) · Recogniton for your achie ements and signiicant contributons to your industry or ield by your peers, go ernment enttes, professional or business organizatons · Other comparable e idence of eligibility is also acceptable Further, to qualify for the NIW you will need ton · The proposed endea or has both substantal merit and natonal importance. · You are well positoned to ad ance the proposed endea or. · It would be beneicial to the United tates to wai e the requirements of a job ofer, and thus the labor certicaton. If you ha e the necessary experience and can meet all the qualiicatons, you’re ready to begin the immigraton process and create your EB2 NIW business plan. If you intend for this to be a Cannabis Business Plan, you are going to ha e additonal things you will need to pay attenton to. Only one type of cannabis, hemp – deined as cannabis with less than 0.3% THC – is legal at the federal le el. Your cannabis business plan must only apply to this federally legal cannabis. This is the only type of cannabis an EB2 NIW business plan could potentally be appro ed for. While other states ha e legalized cannabis for medical or recreatonal purposes, immigrants must comply with federal laws, which is why they may only be in ol ed with hemp. You will also need to consider the speciics of the state(s) you plan to operate. Although hemp is federally legal, each state stll has their own regulatons for a number of things including permits for growing and how the legal cannabis, or hemp, may be marketed. o,

3. your cannabis business plan will need to make sure it is iron-clad in terms of complying with federal and state regulatons. Understanding everything you need to for the EB2 NIW Business Plan for a cannabis business is quite challenging. In addition to applying for an immigration program which can be difficult to get approval under, the treatment and legality around a cannabis business plan is still evolving and constantly changing. Do not tackle the immigration or business planning alone. You will likely want to work with an immigration lawyer, possibly a business lawyer who specializes in cannabis, and a professional business plan writer. This is the only way you are likely to succeed with a EB2 NIW cannabis business plan.