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Blog

May 26 2021

Ownership Shares: The Key to Attracting Top Cannabis Talent

Every business is a talent business. 

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Filed Under: Business

May 21 2021

Economic Impact of Cannabis is Expected to be 5X Greater in 2021

It is no secret that the cannabis industry is growing quickly and strengthening the economies of states and territories with legal adult-use and medical programs. After a banner year in 2020, when the cannabis industry pumped an estimated $17.5 billion into the US economy, an analysis from ...

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Filed Under: California, Taxes, Nevada, Accounting

May 20 2021

New Era of Cannabis Mergers and Acquisitions: What You Need to Know

Florida-based cannabis multi-state operator (MSO) Trulieve has announced a $2.1 billion acquisition deal of Harvest Health & Recreation. If this all-stock transaction is approved, it would result in the largest cannabis industry M&A deal to date, and could be the beginning of a new era of...

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Filed Under: Business

May 11 2021

5 Ways Cannabis Companies Benefit From Enhanced Controls

The strong control environments utilized by public companies in the cannabis industry provide a powerful blueprint for best practices that private cannabis companies can learn from and build on. These controls can: provide greater accountability within the organization, lower the risk of...

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Filed Under: Compliance, Business, Accounting

May 05 2021

What Cannabis Businesses Can Learn from the Harborside Inc. Case vs. the IRS

In late April, a U.S. appeals court rejected an attempt to end Section 280E of the IRS tax code by California-based cannabis company Harborside Inc.

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Filed Under: News, Compliance, Accounting

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