Tag: CBT > Business Issues/ Benchmarks > Finance: Page 58

Finance

Latest Tax Administration Report Raises Questions for Cannabis Businesses

Are more tax audits coming? And does a new section of the IRS Tax Code offer relief from 280E?

April 14, 2020

Finance

Green Thumb Industries (GTI) Announces Resignation of Armen Yemenidjian

Yemenidjian has stepped down from his role as president in order to spend more time with his family in Nevada.

April 13, 2020

Finance

Planet 13 Announces Termination of Santa Ana Acquisition

The acquisition was terminated due to unmet conditions in the definitive agreement.

April 13, 2020

Finance

Aurora Cannabis Provides Update on Initiatives to Strengthen Liquidity, Business Transformation Plan and COVID-19 Operational Response

The company has strengthened its cash position with plans for additional flexibility given the current economic uncertainty.

April 13, 2020

Legislation and Regulation

DEA Deschedules Epidiolex, Senators Urge SBA to Extend Economic Assistance to Cannabis Businesses: Week in Review

Effective immediately, the DEA has descheduled GW Pharmaceuticals’ Epidiolex, which was initially listed under Schedule V following its approval in 2018.

April 11, 2020

Finance

Rubicon Organics Announces Sale of Washington Greenhouse, Strengthening of Balance Sheet and Strategic Exit from the U.S.

Proceeds from the sale of the greenhouse will strengthen the company’s balance sheet, providing working capital to ramp-up production and sales across Canada.

April 8, 2020

Interviews & Opinion

Federal Stay-at-Home Order? What Cannabis Businesses Need to Know

Industry advocates and attorneys weigh in on what federal COVID-19 guidance might entail and how it could impact businesses in the space.

April 8, 2020

Legislation and Regulation

Canadian Cannabis Industry Now Eligible for Funds Issued to Businesses as Part of COVID-19 Relief Efforts

While the industry was initially excluded from Ottawa’s plan to aid the economy, the Business Development Bank of Canada has clarified that cannabis businesses can qualify for loans and other assistance.

April 8, 2020

Legislation and Regulation

Cannabis and COVID-19: How the Pandemic Will Influence the Future of the Cannabis Industry

COVID-19 has affected every person and every business in the U.S. in some small or tragically large way.

April 8, 2020

Finance

Senate Coalition Urges SBA to Extend Economic Assistance to Cannabis Industry

Eleven U.S. Senators have sent a letter to leadership asking that cannabis businesses qualify for loans and other federal relief programs.

April 7, 2020

Legislation and Regulation

Our New Virtual Conference Series Brings In-Depth Cannabis Education to You

The Risk Mitigation Virtual Conference launches April 23 with a special three-hour digital event at no cost to registrants.

April 7, 2020

Legislation and Regulation

Hemp Growers Will Need to Educate Lenders When Seeking Small Business Loans

With federal stimulus packages offering small business assistance, now is the time to realize that you’ll be educating the lender about what hemp is.

April 7, 2020