Cannabis News for Florda
Global Advanced Botanicals
By Shamaya Chah In this ever-growing cannabis industry, how do you know what you are getting. There are so many new companies popping up and flooding the market with products that all look the same and all say theirs is the best.  As the research and developer of products... Read more
FastFingerprints – Serving Florida with Dependable Level 2 Live Scan Background Checks
By Daniel Casciato Looking for help with your live scan and fingerprint background check needs? FastFingerprints is your one-stop shop for the state of Florida and nationwide.  With 40 FastFingerprints Florida locations, the company provides a reliable network of live scan providers that can capture fingerprints for a Florida... Read more
Federal Taxation of Cannabis – An Overview
By Marc Egort, CPA In 1982, Congress enacted Internal Revenue Code Section 280E, which states: “No deduction or credit shall be allowed for any amount paid or incurred during the taxable year in carrying on any trade or business if such trade or business (or the activities which comprise... Read more
Cannabis Spotlight: Brit Francis of The Canna Academy
What benefits do you see for patients throughout Florida within this space? Cannabis has the potential to unlock countless therapeutic benefits for patients across Florida. In fact, as a cannabis coach and educator, I see on a daily basis how CBD and Medical Marijuana are safely and effectively incorporated into... Read more
Benzinga Cannabis Conference Opportunity for Companies, Investors
By Lois Thomson “Everyone needs money to operate their business,” said Patrick Lane, and anyone looking for opportunities in the cannabis industry might be able to find them at the Benzinga Cannabis Conference at the Fontainebleau Miami Hotel, Feb. 24 – 25. As Senior Vice President, Partnerships, Lane said... Read more
ACCC’s Spring Congress to Provide Equal Education on CBD, Medical Cannabis
By Vanessa Orr The use of CBD and medical cannabis products is booming; in fact, 57 percent of patients 55 years old and older have used CBD or marijuana for medical reasons, and interest continues to grow. Yet for many physicians and allied healthcare professionals, this is still an... Read more
Trulieve Files Lawsuit against GRIZZLY RESEARCH LLC for Libel
Complaint filed in the Second Judicial Circuit Court of Gadsden County, Florida, alleging GRIZZLY RESEARCH LLC publicly disseminated false and libelous statements about Trulieve to further its own financial interests Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States,... Read more
CANSORTIUM RESTRUCTURES APPROXIMATELY $25.0 MILLION OF NEAR-TERM OBLIGATIONS, SIGNIFICANTLY IMPROVING BALANCE SHEET AND AVAILABLE FREE CASH FLOW TO FUND GROWTH
Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”) today announced that the Company has amended the terms of its existing $12.9 million Promissory Note due December 1, 2020 (the “Amended Note”) and simultaneously satisfied its other obligations due to the lender under the Amended Note’s original terms. The Amended Note has no amortization,... Read more
U.S. pot retailer MedMen says it’s trying to use stock to pay its bills amid cannabis industry’s cash crunch
U.S. marijuana retail chain MedMen Enterprises Inc. has been offering vendors shares in its company as payment for cannabis products amid a cash crunch in the industry. In an email reviewed by MarketWatch, MedMen MMEN, -3.70% MMNFF, -4.22%  offered a supplier the full value of the amount owed in MedMen class B non-voting shares,... Read more
Curaleaf Holdings, Inc. Announces Upsizing and Closing of $300 Million Senior Secured Term Loan Facility
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced the upsizing and closing of a Senior Secured Term Loan Facility (the “Facility”) from a syndicate of lenders totaling US$300 million. The notes bear interest at a rate of 13.0%... Read more