by InfluencER | May 11, 2022 | Investors
Reddit Email 0 Shares There are now eighteen states (plus the District of Columbia) that have legalized recreational marijuana. With weed sales reaching $25 billion in 2021 and that number only expected to grow, the sales tax revenue from the product is starting to...
by InfluencER | May 11, 2022 | Politics and Law
Navisite, a managed cloud service provider that renders integrated business management computer systems designed to model and automate the different areas of a company and the administration of its resources (SAP services), announced Tuesday that it is expanding its...
by InfluencER | May 11, 2022 | Politics and Law
All three men were shot during confirmed or suspected robberies of cannabis shops. Industry officials and state lawmakers say crimes against those businesses have increased in recent years due to the large amount of cash they are often required to keep on hand since...
by InfluencER | May 11, 2022 | Politics and Law
The Internal Revenue Service’s (IRS) Taxpayer Advocate is reminding people of the unique financial challenges that state-legal marijuana businesses face under federal prohibition. In a blog post published on Tuesday, the independent agency under IRS explained that...
by InfluencER | May 10, 2022 | Investors
Another financial association is imploring Senate leadership to pass a bipartisan bill to safeguard banks that work with state-legal marijuana businesses. The Independent Community Bankers of America (ICBA), which represents about 50,000 community banks throughout the...
