"The increased cash flow from the reduced tax burden will provide financing for expansion of all different types of licenses," Vicente partner Charles Alovisetti told Bisnow. "And the momentum from the rescheduling will hopefully lead to improvements in banking access, payment processing and ability to obtain bank debt, all of which will also spur growth and the need for new and larger facilities." Read more on Benzinga Cannabis: https://ow.ly/yIus50SeErK #cannabislawyer #cannabisreform #280e #cannabisrescheduling #benzinga
Vicente LLP’s Post
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Stability and marijuana in the same sentence. Cannabis is positioned for growth in 2024! 2023 was a watch and see year. 2024 there is renewed confidence in the industry and its future. VC firms, independent��investment firms, and independent investors are seeing an uptick in deal flow, confidence and bullishness. We are all looking forward to cannabis-sector policy catalysts in 2024 and the very real possibility of federal marijuana rescheduling, making cannabis the very same as a technology company or any brick and mortar store. This will allow for traditional banking, and the same regulatory compliance that every business faces. It will mean equality. https://lnkd.in/gJma_kpM
'More stable' marijuana landscape in 2024, CEO of NewLake says
https://mjbizdaily.com
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Following months of ongoing challenges and legislative uncertainty, our CEO Anthony Coniglio pens an article in GreenState exploring how the news from HHS is reigniting excitement in the cannabis investment community and underscores the fundamental elements that investors should consider to successfully evaluate business opportunities down the road. Find the full piece here: https://bit.ly/3tpEhZz #cannabis #cannabisbusiness #cannabisinvesting #investing #cannabislegislation
Cannabis investors’ excitement is reignited: what you need to know | GreenState
https://www.greenstate.com
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Check out my latest article on lending to the cannabis industry. Give me your feedback!
Overcoming Challenges in Lending to the Cannabis Industry
equipmentfa.com
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Is The Cannabis Industry Too Optimistic?, find out on the latest from Benzinga by Joana Scopel. Features Anthony Coniglio, NewLake Capital Partners, Inc., #Cannabis #CannabisNews #Industry #Market #SAFEAct #BZCannabis.
Cannabis Industry Too Optimistic SAFE Banking Act - NewLake Capital Partners (OTC:NLCP)
benzinga.com
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Two significant Colorado cannabis industry bills have been introduced this legislative session: 🔔 HB1061 – Marijuana Industry & Social Equity, and 🔔 SB076 – Streamline Marijuana Regulation I've published a short blog with updates on these important bills. Pay attention and take a moment to read! (Link in comments) #comj #cannabiz
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The cannabis industry continues to grow, however with rapid expansion comes new challenges. Read the HUB 2024 Cannabis Outlook for practical guidance on what owners and operators can do to be ready for tomorrow. https://ow.ly/It0l50Qg4mC #CannabisIndustry #CannabisInsurance #RiskManagement #HUBInternational #Outlook2024
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The cannabis industry continues to grow, however with rapid expansion comes new challenges. Read the HUB 2024 Cannabis Outlook for practical guidance on what owners and operators can do to be ready for tomorrow. https://ow.ly/As5h50Qg1yw #CannabisIndustry #CannabisInsurance #RiskManagement #HUBInternational #Outlook2024
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I help organizations solve problems while protecting their balance sheet and driving efficiency in their commercial insurance programs.
The cannabis industry continues to grow, however with rapid expansion comes new challenges. Read the HUB 2024 Cannabis Outlook for practical guidance on what owners and operators can do to be ready for tomorrow. https://ow.ly/y8v050QgUnr #CannabisIndustry #CannabisInsurance #RiskManagement #HUBInternational #Outlook2024
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Exciting times in the cannabis industry: With recent volatility in the cannabis industry surrounding the potentially favorable SAFE Banking Act, there are signals of momentum, despite challenges earlier in the year. For those looking to navigate this industry, our Cannabis KPI Guide is tailored to aid in identifying industry trends and the future performance of cannabis companies. https://hubs.li/Q022_lFl0 #VisibleAlphaInsights #CannabisIndustry
Cannabis Industry KPI Guide - Visible Alpha
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From KEY Investment Partners Tiby Erdely III Jordan Youkilis The transition to Schedule III is expected to significantly enhance cash flows for cannabis companies, as Section 280E of the IRC would no longer apply, allowing companies to deduct more than just COGS from their taxes. Many industry experts view this shift as the most significant regulatory change since state legalization, anticipating several positive outcomes for the industry, including increased institutional ownership. At the time of writing, most major and mid-sized MSOs were experiencing increases of 15-30%+ with 3-7 times normal volume
Biden administration plans to reclassify marijuana, easing restrictions nationwide
nbcnews.com
