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The IRS Offers Some Clarity on Tax Deductions in the Cannabis Industry

Veriheal

That’s good news for the state—another source of income that can be used for things that benefit all the state’s residents. The New Plan For Cannabis Businesses . An addition to the tax code that was enacted in 2018 stipulated that businesses grossing less than $25M in revenue could deduct a larger portion of their expenses.

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How to Make B2B Direct Mail Marketing Work in the Cannabis Industry

SpeedWeed

Subscribe to our newsletter to get alerts about new posts, local news, and industry insights. Direct mail marketing has waned in popularity in recent years simply because digital marketing is so much less expensive. Personalization is key to getting the best results, but it can be expensive if you don’t have a solid strategy.

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Paypal Close Down CLEAR’s Account

Cannabis Law Report

All those have now gone and with them our ability to meet our overheads which keep our website and social media accounts running and pay some travelling and campaign expenses, the rest of which have to be met personally by the people involved. TAGS: Cancard , Facebook , Financial Ombudsman , membership , PayPal. NO COMMENTS.

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Average Price of Cannabis 17% Higher Since Legalization

WeedAdvisor

Those who frequently use cannabis understand that it can get quite expensive. According to Kelowna Capital News , the average price of illegal cannabis is 17% higher roughly three months after legalization. However, one thing we know for certain is that legal cannabis is typically more expensive than the black market’s.

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Op-Ed: Gov. Kristi Noem: ‘Legalizing industrial hemp legalizes marijuana by default’

Cannabis Law Report

Yet with Texas’s new industrial hemp law now on the books, prosecutors have dropped hundreds of marijuana cases and have stopped accepting new cases until much more detailed testing is done. In Ohio, a law enforcement official said this to WBNS, a local news station: “We have to be able to distinguish between hemp and marijuana.

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Starting a small business at home: How to succeed in the cannabis industry

The Joint Blog

As you are setting up your new small business there is a tendency for excitement to take over. It is easy to wish to invest in buying expensive equipment such as HVAC equipment , technology, and marketing material immediately at the start. Assess whether you can make profits by comparing estimated profits and estimated expenses.

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SOL Global Provides Interim Unaudited Financials for the Third Quarter Ended August 2021

Cannabis Law Report

This is due to the one-time expense related to the settlement agreement with the Company’s former lender of $68.5 Through this new entity, SOL Global shareholders will benefit from opportunities in new high growth sectors. Even positive news saw stock prices continue to drop. This represents a negative change of $106.1

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