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Tag: Verano Holdings
Cannabis Stocks Tumble on News of DEA’s Rescheduling Shakeup
NEW YORK – Shares of publicly traded cannabis companies felt investors’ dissatisfaction following the Drug Enforcement Administration’s (DEA) announcement it will hold a public...
Teamsters Secure Two Wins at Zen Leaf Cannabis
CHICAGO — Teamsters Local 777 won both a new collective bargaining agreement and an election at Zen Leaf in less than one week. Zen...
Verano to Acquire VA, AZ Operations from The Cannabist Co.
CHICAGO -- Verano Holdings Corp., a leading multi-state cannabis company, entered into agreements to acquire all of the ownership interests of three subsidiaries of...
Stocks Slide As Fears about DEA Dissent Boil Over
NEW YORK – An exchange-traded fund (ETF) that tracks some of the largest multistate operators (MSOs) fell nearly 17 percent during the first two...
Cannabis Took Center Stage at Biden’s State of the Union Address
WASHINGTON – For the first time in 234 years, the American president's State of the Union Address (SOTU) praised cannabis reform efforts, reminding Americans...
DOJ Asks Federal Court to Dismiss Lawsuit Calling CSA ‘Unconstitutional’
BOSTON – The Department of Justice has asked a federal district court to dismiss a cannabis-industry lawsuit that seeks to bar federal enforcement action...
A Post-280E Preview
While federal legalization is the ultimate goal for our industry, most cannabis professionals probably would list the elimination of Internal Revenue Code Section 280E...
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...
Adnant Announces Fiscal Turnaround of Unrivaled Brands, Launches Search for New Ventures
LOS ANGELES --
Adnant (the “Company” or “Adnant”), a cannabis consulting and accounting firm, is proud to announce its successful restructuring efforts with Unrivaled...
Verano Holdings Announces Agreements in Illinois, Pennsylvania, and Arizona
CHICAGO – Verano Holdings Corp. (CSE: VRNO) (“Verano” or “the Company”), a leading multi-state cannabis company, announced it has entered into agreements to acquire:...