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TerrAscend expects $26 million tax refund, shares strategy for marijuana nemesis 280E

TerrAscend Corp. is the latest marijuana multistate operator to announce a plan to stop paying taxes owed under Section 280E of the Internal Revenue Code, and an executive hinted at the company’s legal basis for doing so.
TerrAscend expects $26 million…

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Jushi looks to boost efficiency as it awaits new adult-use cannabis markets

Multistate operator Jushi Holdings is trying to improve its efficiency and margins as it hopes for new adult-use cannabis markets in 2024.
Jushi looks to boost efficiency as it awaits new adult-use cannabis markets is a post from: MJBizDaily: Financial…

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The Cannabist looks to marijuana wholesale after ‘arduous 2023’

Marijuana multistate operator The Cannabist Co. is trying to improve its wholesale business as it moves on from what CEO David Hart described as “an arduous 2023.”
The Cannabist looks to marijuana wholesale after ‘arduous 2023’ is a post fr…

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The Cannabist looks to marijuana wholesale after ‘arduous 2023’

Marijuana multistate operator The Cannabist Co. is trying to improve its wholesale business as it moves on from what CEO David Hart described as “an arduous 2023.”
The Cannabist looks to marijuana wholesale after ‘arduous 2023’ is a post fr…

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Exploring cannabis as medicine: Q&A with researcher Jean Talleyrand

California-based Jean Talley sat down with MJBizDaily to share his perspective about medical cannabis research.
Exploring cannabis as medicine: Q&A with researcher Jean Talleyrand is a post from: MJBizDaily: Financial, Legal & Cannabusiness ne…

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Cannabis MSO Ascend Wellness expecting 280E tax refunds

Multistate cannabis operator Ascend Wellness Holdings says it has filed amended federal tax returns for several years and expects to receive refunds, becoming the latest U.S. marijuana company to seek the return of tariffs paid under Section 280E of th…

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Cannabis MSO Ascend Wellness expecting 280E tax refunds

Multistate cannabis operator Ascend Wellness Holdings says it has filed amended federal tax returns for several years and expects to receive refunds, becoming the latest U.S. marijuana company to seek the return of tariffs paid under Section 280E of th…

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‘Much more stable’ marijuana landscape in 2024, CEO of NewLake REIT says

This year is “a much more stable landscape” for the marijuana sector than in 2023, the CEO of cannabis industry real estate investment trust (REIT) NewLake Capital Partners said as the company reported its fourth-quarter earnings.
‘Much more stab…

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‘Much more stable’ marijuana landscape in 2024, CEO of NewLake REIT says

This year is “a much more stable landscape” for the marijuana sector than in 2023, the CEO of cannabis industry real estate investment trust (REIT) NewLake Capital Partners said as the company reported its fourth-quarter earnings.
‘Much more stab…

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AFC Gamma is looking to finance ‘unburdened’ cannabis borrowers

Publicly traded cannabis industry lender AFC Gamma reported nearly $16 million in net interest income for its fourth quarter ended Dec. 31, down 18.9% from the same quarter a year before.
AFC Gamma is looking to finance ‘unburdened’ cannabi…