Tag: Investing
-
Lack of clarity from IRS leads to differing anti-280E tax strategies among cannabis pros
Cannabis companies have long loathed 280E tax code provision, but the on-again, off-again marijuana rescheduling process has led to creative strategies to deal with it. One such approach – championed by accountants such as Justin Botillier of Oregon-based CalyxCPA, who is giving an upcoming webinar on the topic – relies …
-
Missouri’s BeLeaf Medical doubles retail footprint with acquisition deal
Vertically integrated BeLeaf Medical in Missouri inked an acquisition deal that will double its retail dispensary footprint in the state through the purchase of BesaMe Wellness. Each company already has five operational cannabis dispensaries in Missouri, according to the Division of Cannabis Regulation, but while BeLeaf’s are all clustered around …
-
Vext sells off Kentucky medical marijuana processing permit
Vancouver-based Vext Science Inc. (CSE: VEXT) (OTCQX: VEXTF) on Friday announced the sale of its Kentucky medical marijuana license through a subsidiary for $880,000 in cash, and said its business in the Bluegrass State going forward will only be in the hemp sector. The cannabis processing permit was won by …