Excited to kick off a new series where I recap articles that caught my eye! 📰 This one from MJBiz caught my eye this past week and wanted to share my key takeaways : 🔍
- Attorney Rachel Gillette advises U.S. cannabis companies to comply with the Corporate Transparency Act.
- The law, affecting most small cannabis businesses, carries exemptions but requires careful attention.
- Deadlines vary: Existing companies formed pre-Jan. 1, 2024, have until Jan. 1, 2025, for their first report; 2024-formed companies must file within 90 days.
- Disclosure of ownership isn't new, given state licensing laws in the cannabis industry.
- Congressman Earl Blumenauer urges DEA clarity on marijuana rescheduling timelines.
- Christina Lake Cannabis Corp. expands its outdoor cultivation in southern BC with a $3M acquisition.
🔗 Dive into the full article here: https://lnkd.in/eca_wTHS
Let's stay informed together! 🌱 #CannabisNews #IndustryInsights
Chairman @ GreenHeart Holdings | M&A, Advisory, Investment
3moIn fairness, they also bought several dispensaries and a couple grows with that.