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Cannabis Taxation: C Corp, S Corp, LLC, LLP, Partnership, Nonprofit, or Something Else for Your Cannabis Business?

Canna Law Blog

Choosing the Right Business Entity in the Cannabis Industry One of the most fundamental questions facing any entrepreneur – whether in the cannabis industry or elsewhere – is: What type of business entity should I choose? Will you own 50% of the business, but your partner wants to claim 100% of the early losses?)

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How a Lawyer Can Aid Cannabis Entrepreneurs in Starting and Growing their Business

Connor & Connor PLLC

Starting a cannabis business can be both exciting and challenging. With the rapid expansion of the cannabis industry, entrepreneurs face a range of legal and regulatory hurdles that can make the process daunting. One of the most significant legal hurdles in the cannabis industry is dealing with land use and zoning regulations.

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The Rise of Anti-Legalization Efforts

Veriheal

When it comes to any hot-button issue like cannabis legalization, there are always two sides, often without much middle ground. For those looking through a pro-legalization lens, efforts to continue federal prohibition and bar states from legalizing should be a thing of the past. Current Anti-Legalization Efforts in the U.S.

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How Inflation is Affecting Cannabis: Prices, Closures, and the Job Market

Veriheal

consumers and businesses, inflation dominates current news headlines because of how much it affects every one of our wallets. Since COVID-19 rocked the economy, cannabis businesses and supply chains claim to have been playing catch-up to get back to business as usual. As perhaps one of the most talked-about topics for U.S.

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Medical Program Decline

Canna Care Docs

As recreational cannabis continues to dominate, the number of dispensaries catering exclusively to medical patients has dwindled, leaving many individuals with fewer options for specialized care. The program aimed to provide safe, legal access to cannabis for patients with chronic conditions.

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Understanding Cannabis Banking Challenges and How to Overcome Them

Connor & Connor PLLC

Since cannabis remains federally illegal, many banks, who run on a risk-based assessment, refuse to do businesses with cannabis companies. and Guam having fully legal operating cannabis markets under their own laws, banks are put in an awkward position because of the inconsistencies between state and federal law.

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Behind the DC Cannabis Closures

Veriheal

If you live in or around DC, you may have noticed some recent changes to the business landscapespecifically if you enjoy cannabis. There has been a sequence of closures of cannabis businesses over the past year, which potentially means less access to cannabis as well as changes to the cannabis industry. Wondering why?