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 …
Oregon-based craft cannabis producer Grown Rogue International (CSE: GRIN) (OTC: GRUSF) said it secured a $7 million credit facility from a “national, FDIC-insured commercial bank.” The four-year credit facility carries an interest rate of around 9.2% per annum, calculated as the secured overnight financing rate (SOFR) – which is currently …
Oklahoma, Oregon and California are the best-positioned states to benefit from the interstate commerce that would result from federal marijuana descheduling, according to a white paper published this month by the University of Nevada Las Vegas. The analysis said those states having the cheapest large-scale production costs and the highest… …
Whoops😳...West side furniture store gets odd delivery--a footstool sent to them had 25 lbs of marijuana packed in it. pic.twitter.com/cs1ZGJ063T
— Olympia Police Dept. (@OlyPD) August 10, 2017