Cannabis businesses using employee stock ownership plans to skirt 280E
Employee stock ownership plans are a financial tool that cannabis businesses in some states have been taking advantage of since about 2023.
Employee stock ownership plans are a financial tool that cannabis businesses in some states have been taking advantage of since about 2023.
Advertisements by state-licensed medical marijuana businesses in Mississippi don’t enjoy First Amendment free-speech protections.
Canada-based cannabis multistate operator Red White & Bloom Brands has restructured about 145 million Canadian dollars ($105 million) of issued outstanding debt as part of a larger debt-renewal program.
Despite the concerns of California’s regulated marijuana industry and lawmakers, the state’s tax agency says it will carry through on plans to increase the cannabis excise tax rate from 15% to 19% on July 1.
Marijuana delivery company Eaze Technologies filed for Chapter 7 bankruptcy in March after selling and transferring its assets to creditors.
President Donald Trump’s nominee to head the U.S. Drug Enforcement Administration told a Senate committee that reviewing the agency’s administrative process to reclassify marijuana will be “one of my first priorities” if he is confirmed.
Choosing whether to trim cannabis by hand or machine is a decision that impacts both the final aesthetic and the perceived quality of marijuana buds as well as a cultivator’s operational efficiency and the bottom line.