280E, new markets and wholesale revenue highlight cannabis earnings season
Tax strategies took the spotlight in fourth-quarter financial reports from publicly traded U.S. cannabis companies.
News March 21
Latest In: Finance
Marijuana MSO The Cannabist Co. raises $25.75 million
Marijuana multistate operator The Cannabist Co. raised $25.75 million in senior secured convertible debentures.
News March 20
Opinion: How to determine the fair market value of your cannabis business
Whether you’re seeking investment, planning to purchase a business or gauging your company’s worth, understanding how to determine…
News March 20
IRS: Marijuana cash transactions aren’t automatically suspicious
Large cash transactions by marijuana businesses should not automatically be reported as suspicious, according to new IRS guidance.
News March 19
Curaleaf buying Canadian cannabis operator with eye on global markets
Curaleaf Holdings is continuing its international expansion by signing a deal to acquire Northern Green Canada, a licensed…
News March 19
Retailer High Tide acquires premium cannabis brand Queen of Bud for CA$1M
Canadian cannabis retailer High Tide has entered into a definitive agreement to acquire high-end brand Queen of Bud,…
News March 18
Retailer High Tide reports break-even net income, record cannabis sales
Canadian cannabis retailer High Tide reported break-even net income and positive free cash flow in its financial results…
News March 15
TerrAscend expects $26 million tax refund, shares strategy for marijuana nemesis 280E
TerrAscend Corp. is the latest marijuana multistate operator to announce a plan to stop paying taxes owed under…
News March 15
Canada’s finance minister warned about cannabis industry ‘financial distress’
Canadian Finance Minister Chrystia Freeland was warned last fall about systemic “financial distress” facing the country's cannabis producers,…
News March 15
Planet 13 recovers some ‘embezzled money’ as 2023 marijuana revenue falls
Planet 13 Holdings has recovered $3.4 million from its case against an investment firm that the marijuana multistate…
News March 14
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