© 2025 Incunabulum LLC. All rights reserved. mg Magazine is a registered trademark of Incunabulum LLC. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Incunabulum LLC.
Tilray Triples Beverage Portfolio with $85M Anheuser-Busch Deal
NEW YORK – Canadian megacorp Tilray Brands Inc. struck an $85-million cash deal with Budweiser parent company Anheuser-Busch InBev (AB InBev) to purchase eight...
Are Delayed Tax Payments a Viable Capital Allocation Strategy?
Notorious Mafia kingpin Al Capone never filed a federal income tax return, claiming he had no taxable income. Before he was convicted of tax...
Trulieve Shutters California, Massachusetts Operations
TALLAHASSEE, Fla. – In a move to “preserve cash and improve financial performance,” Trulieve Cannabis Corp. exited two markets in June. The company closed...
Cannabis Companies Weigh Pros and Cons in Southern Medical Markets
Over the past decade, cannabis companies have been eager to jump into the mix as new states open licensing programs and new consumers have...
What You Should Know About the Bank Secrecy Act
The Bank Secrecy Act (BSA) of 1970, also known as the Currency and Foreign Transactions Reporting Act, requires banks and other financial institutions to...
Is There a Solution to the Cash Crunch?
While the past few years have been no picnic for companies struggling to turn a profit, it looks like 2023 could be the most...
The Industry’s Supposed Death Has Been Greatly Exaggerated
While traveling recently I ran into Bud, a cannabis industry veteran, who I had known since I was a teenager. He is a big...
I Spoke to 25 VC Fund Managers. Here’s What I Learned.
At Poseidon, we track close to fifty funds investing in private cannabis companies. In the current economic climate, only about half are active. Despite...
7 Best Practices for Audit Preparation in the Cannabis Industry
It's the time of the year when businesses of every industry prepare for tax season. For the cannabis industry, seasoned plant-touching business owners and...
A Woman’s Place Is in the Executive Suite
During the great cannabis land grab between 2018 and 2020, one newly public multistate operator (MSO) was decidedly more reserved in bidding for licenses...
