Documents reveal how IRS became more adept at evaluating marijuana company taxes
The Internal Revenue Service has been scrutinizing the books and records of marijuana companies for more than a decade, ordering business owners to hand over tens of millions of dollars in unpaid taxes.
California cannabis firm Glass House Group to be bought in $567M deal
California cannabis company Glass House Group is set to be acquired by a 2-year-old special acquisition company (SPAC) in a blockbuster $567 million deal aimed at creating California’s largest vertically integrated marijuana business.
Sales of marijuana products continue to grow in first quarter as some categories perform better than others
Sales of adult-use marijuana products continued to grow in the first quarter of 2021 versus the same period last year with some categories such as beverages posting particularly strong gains.
Marijuana giants Greenlane, KushCo to merge in all-stock deal
Two of the marijuana industry’s biggest ancillary companies, Greenlane Holdings and KushCo Holdings, entered into an all-stock merger agreement.