Cannabis MSO Verano plans growth spree with new $195 million loan
The loan carries a 9.5% annual interest rate and has prepayment flexibility. It matures in 2029, with an…
News March 13
Latest In: Finance
IRS digs in on marijuana rescheduling as MSOs’ 280E bill balloons
Cannabis companies owe the IRS $1.6 billion and counting in past-due 280E-related bills, and marijuana rescheduling is unlikely…
News March 12
Colorado considers cannabis tax hike amid declining sales
Colorado cannabis taxes would increase by less than a percentage point under a proposal to raise revenue for…
News March 9
Cash, not federal marijuana rescheduling, is driving cannabis lending
Marijuana rescheduling is dominating cannabis industry discussions, but it's not moving the needle for lenders.
March 6
Trulieve Cannabis slashes 58 jobs at Florida call center
Trulieve Cannabis Corp. is cutting 58 jobs at a customer-service call center in Florida, the company said Monday.
News March 3
Tax hike crashed Michigan marijuana sales
An unprecedented cannabis tax hike that took effect in Michigan on Jan. 1 significantly depressed legal sales, recent…
News February 24
The penny shortage is a serious cannabis retail problem
President Donald Trump killed the penny. Cannabis retailers need to prevent the coin's gradual disappearance from becoming a…
News February 20
Challenge 280E: Rescheduling, Claiming Deductions, and Amending Tax Returns for Refunds
Justin will update the cannabis industry on the evolving landscape surrounding IRC §280E, including how tax and legal…
Resources February 17
Cannabis MSO Curaleaf extends debt with record $500 million placement
The new notes, which carry an interest rate of 11.5%, will be used to refinance $475 million in…
News February 9
How Terry Mendez redefined cannabis banking at Safe Harbor Financial
Terry Mendez is steering Safe Harbor through a growth and innovation, redefining the role of a financial partner…
News January 29
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