In addition, Matthew has significant industry and regulatory experience in the emerging commercial cannabis and industrial hemp industries, having represented public and private companies, lenders, property owners, and investors for nearly a decade across multiple states and countries, with a particular focus on the state of California. Matthew is viewed as a seasoned advisor to cannabis businesses frequently navigating complex tax structures implicating Internal Revenue Code Section 280E, negotiating and documenting numerous cannabis-related celebrity and influencer licensing transactions, and regularly advising on a myriad of issues related to media, advertising, FDA compliance, and protection of intellectual property rights.
During his extensive career, Matthew has advised on numerous matters associated with taxable and tax-free M&A transactions, spin-offs, restructurings, joint ventures, debt and equity financings, partnership transactions, start-up and venture capital investments, and special entities, including tax exempts and S corporations. He has counseled clients on the tax consequences of transactions totaling in the billions of dollars and regularly advises on entity formation, capitalization, reorganization, and dissolution.
In another area of focus, Matthew designs and implements tax-efficient, multi-entity acquisition, holding, and operating structures. His clients include financial partners, private and public businesses, private foundations and public charities, multistate businesses, liability-remote and bankruptcy-remote vehicles, IP holding companies, and special-purpose entities for complex business transactions.
In his tax controversy practice, Matthew negotiates administrative appeals and pre-litigation dispute resolution involving the Internal Revenue Service, the California Franchise Tax Board, the California Board of Equalization, the California Department of Taxes and Fee Administration, the Bureau of Cannabis Control, the City of Los Angeles Office of Finance, the City of Los Angeles Department of Cannabis Regulation, the California Office of Tax Appeals, and tax assessors and collectors throughout the state of California, California cities, and other local government agencies.