“For us, it's millions. For the industry, it's billions in terms of cash flow,” said Mario Pinho, CFO of Massachusetts-based MariMed Inc., which operates a dispensary under its Thrive brand in the ...

A new business strategy has entered the legal cannabis trade: claiming exemption from a burdensome federal tax provision that ...

The 280E section bars any company from claiming standard business tax deductions if it traffics in Schedule I or Schedule II controlled substances. Marijuana has been a Schedule I narcotic since the ...