Latest In: Finance

280-E 280E marijuana business taxes Section 280E
Exterior image of the Internal Revenue Services' headquarters in Washington, DC

Opinion: Cannabis businesses could recoup millions on exit, thanks to ‘280E asset’

A combination of tax methods could help cannabis companies reduce their tax burden under Section 280E of the…

News September 1
cannabis business loans Connecticut Connecticut adult-use Connecticut adult-use marijuana Connecticut Social Equity Council retail social equity
Image of a businessperson fanning out money

Connecticut launches social equity loans for marijuana business properties

Connecticut has launched a new loan program to help qualifying marijuana social equity applicants as well as municipalities…

News August 31
arizona medical cannabis Arizona medical cannabis sales arizona medical marijuana arizona medical marijuana cards
Image of Arizona state flag with background of cannabis leaves

Arizona adult-use and medical cannabis sales drop again in May

Arizona's adult-use and medical cannabis sales declined again in May.

News August 30
Alimentation Couche-Tard Canada cannabis retail Canadian cannabis insolvencies CCAA Couche-Tard Fika Fika Cannabis Fire & Flower insolvency
Image of a pile of Canadian 100 dollar bills

Marijuana retailer Fika’s winning Fire & Flower bid was CA$36 million

Canadian marijuana retail company Fika Cannabis bid 36 million Canadian dollars ($26.6 million) at auction to acquire retail…

News August 30
arkansas arkansas 2023 cannabis sales Arkansas medical marijuana sales medical cannabis
Image of stacks of $100 bills

Arkansas medical cannabis sales hit $23.2 million in July

Arkansas medical cannabis sales are still on track for a record-breaking year after transactions in the state reached…

News August 29
cresco cresco labs florida medical dispensaries florida medical marijuana Harvest Health Planet 13 Planet 13 Holdings vertically integrated vertically integrated marijuana company vidacann
Image depicting M&A

Planet 13 acquires VidaCann for $49M in Florida marijuana expansion

Las Vegas-headquartered Planet 13 Holdings on Monday announced a $48.9 million deal to acquire Florida-based VidaCann’s vertically integrated…

News August 28
Aleafia Health Atlantic Cultivation Tantalus Labs
Image of M&A in the sky

Craft cannabis firm Atlantic Cultivation buying insolvent Tantalus brand

Craft cannabis cultivator Atlantic Cultivation is acquiring the brand of insolvent marijuana producer Tantalus Labs, the companies announced…

News August 28
Clever Leaves NASDAQ reverse share split share consolidation
Exterior image of Nasdaq headquarters

Cannabis cultivator Clever Leaves consolidates shares to stay on Nasdaq

International medical cannabis company Clever Leaves Holdings has consolidated its Nasdaq-listed shares on a 30-to-1 basis to keep…

News August 28
adult-use cannabis sales Jeff Brown New Jersey adult-use new jersey adult-use cannabis sales new jersey cannabis regulatory commission new jersey cannabis trade association
Image of Newark, New Jersey, skyline

New Jersey adult-use marijuana market caught in a ‘doom loop,’ trade group says

New Jersey's adult-use marijuana market is caught in a "doom loop," and the regulatory commission is responsible for…

News August 28
AdvisorShares Poseidon Dynamic Cannabis ETF CANADA S&P Dow Jones Indices S&P/TSX Canada Cannabis Index Standard & Poor’s Toronto Stock Exchange TSX Venture Exchange
Image of a cell phone displaying S&P Global with a stock board in the background

S&P discontinues Canadian, international cannabis stock indices

Two indices tracking the performance of cannabis businesses on North America’s largest stock exchanges have been discontinued amid…

News August 28
MJBizCon Logo