Thursday, November 21, 2024

Finance

Montana Surprises Industry With $1.8M In First Year Taxes

When Senate Bill 333 was approved last year, the state's medical cannabis program was severely reformed. One such reform was to charge a 4 percent tax on all cannabis at retail value for the first year.

Charlotte’s Web And The $100 Million IPO

The producers and distributors of the hemp-based wellness products that first convinced Dr. Sanjay Gupta of the medicinal properties of cannabis went public August 30 with a projected $100 million initial public offering in the Canadian exchange (CWEB).

Legal Marijuana States Beg Congress For Banking Protections

One of the most dangerous aspects of the cannabis industry is that it is forced to operate as a mostly cash businesses.

MedMen’s First Quarterly California Return Puts Apple To Shame

When retailers measure success, one of their most important tools is the revenue per square foot equation. While Apple topped the world again last year, clocking in at $5,546 per square foot, and, according to the Motley Fool, the...

Canadian Cannabis Stocks Are Soaring, But Which Ones Will Make The Cut?

There are not a lot of pot stocks to invest in as of yet, but the ones making the cut are great bets at best, and fascinating to watch at the least.

Green Market Report: Marijuana Money, Aug. 17

The big news this past week was the $5 billion investment by alcohol company Constellation Brands (STZ) into Canopy Growth (CGC). But that wasn’t the only big deal.

What Constellation Brands $4 Billion Deal Means For Cannabis Industry

Constellation is seeing cannabis as an expanded product line rather than a competitor and is putting a big stake in not only the company, but in the industry.

Cronos Group Is Soaring With Second Quarter Results

An increase in medical marijuana patients in their fold, a much high production capacity and an increase in cannabis oil sales all contributed to their great burst of growth.

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