by AeroWeb | Jul 16, 2024 | Research
SUMMARY Protecting consumers’ safety, health, and well-being are arguably the most crucial considerations for regulators when evaluating approval for any new product. One of the issues included in the forthcoming Cannabis Administration and Opportunity Act...
by AeroWeb | Jul 3, 2024 | Research
IRS reiterates its position on 280E. The IRS recently issued a press release reminding taxpayers that until a final federal rule is published on the reclassification of cannabis to Schedule 3, 280E remains in effect. In the meantime, a few of the Multi-State Operators...
by AeroWeb | May 15, 2024 | Research
Key Points: U.S. Cannabis revenue growth hinges significantly on the emergence of new state markets.Ohio, for instance, is set to kick off its recreational sales next month, a move that couldpotentially be replicated in Florida (through a ballot initiative) and...
by AeroWeb | Apr 22, 2024 | Research
Summary: The state of California is owed ~$732M in arrears for sales & use, excise and cultivation taxes including penalties and interest. The vast majority (72%) is due from establishments that are out of business. The California Department of Tax and Fee...
by AeroWeb | Mar 22, 2024 | Research
Key Points: Trulieve’s recent $113 million refund has prompted other operators to reevaluate their past and future strategies as the punitive 280E tax continues to wreak havoc on the Cannabis industry. We hosted a webinar discussion to help investors better understand...
