Cannabis Companies Can Claim These Payroll Tax Credits Under COVID-19 Relief Package

It’s generally agreed upon that cannabis companies are dealt different hands depending on the states they operate in, especially during the COVID-19 pandemic. It shouldn’t be lost on anyone that weed is considered an essential staple during times of hardship —  every state with a regulated marijuana program continued to allow sales to some degree […]

How COVID-19 Could Shape The Future of Cannabis

COVID-19 has been quite effective at shutting down a ton of businesses. The recent pandemic has also put the cannabis industry under the spotlight, as many marijuana-legal states have deemed the sector an essential service, allowing continued operation during a time where many businesses have mandated closures. These events have also highlighted service gaps – […]

Marijuana Lobbyists Pushing For Support For Cannabis Industry Via Next Coronavirus Stimulus Package

The cannabis industry keeps getting pummeled. It’s not federally legal, so banks don’t want to offer business banking services. It’s a new industry, so lawmakers in states where it is legal have generally overregulated it. On the flip side, it’s taxed to high heaven, and the feds have been the recipients of those tax dollars. […]

Financial Trends To Expect In The Cannabis Industry In 2020

After the passage of the 2018 Farm Bill, CBD has increased in popularity (and profitability), making 2019 another strong year for cannabis. Investors remain plentiful and optimistic about the industry, continuing to infuse a new sector with cash. Investment totals for 2019 hit 2018 levels by the third quarter, and as legalization swept across the […]

The Most Significant Moments In The Cannabis Industry In 2019

The cannabis industry in the U.S. made serious progress in 2019, which isn’t too shabby considering the feds still consider it illegal. Hemp and CBD regulation was a huge topic this year. Along with additional states legalizing medical and recreational cannabis and the SAFE Banking Act, the U.S. Department of Agriculture (USDA) released interim hemp […]