Opportunity zones are some of the best investments available for anyone with the funds seeking to lower their tax responsibility. Praised by some as a “more socially conscious form of real estate investing,” opportunity zones offer a way to do good while saving money on your taxes....
If you need help with filing Form 8300 for your cannabis business, then please reach out to our team today.
Recently, our experts have heard reports of cannabis operators being penalized for failing to submit IRS Tax Form 8300.
This post is the second in a two-part series on mergers and acquisitions in the cannabis industry. Read the first part, “Mergers & Acquisitions in the Cannabis Industry - Due Diligence” for things to know about performing due diligence on an M&A deal between two cannabis operators.
As operators gain more experience working in the cannabis industry, some trends are becoming clear. The market is very relationship-based; it’s hard to get a foothold in this competitive space if you don’t partner with another cannabis operator, either directly or indirectly.
Due to federal regulations restricting cannabis operators’ access to traditional banking, many cannabis companies are forced to pay their operational costs in cash.
This week’s cannabis updates from the state of California come from Los Angeles, Hesperia, Sacramento, and Oceanside. Plus, an important update in regards to starting a hemp business in the US.
Mergers and acquisitions are becoming more and more popular in the cannabis industry. According to data from Marijuana Business Daily, “233 M&A transactions have been completed so far in 2019 versus 185 for a similar period last year.” M&A deals involving public buyers are an...
As a cannabis operator, you’re probably sick of having to contend with the many, frequent taxes due to the state and local government. Cannabis distributors, cultivators, and manufacturers are all responsible for different taxes, in addition to federal taxes required of all business...