By Jonathan Bench, Attorney at Harris Bricken One of the most fundamental questions facing any businessperson in the cannabis industry and every other industry is: “What type of business entity should I use?” This is such a loaded question that your lawyer or accountant will first respond with, “That depends,” and then they will need […]
LLC
Business Law: Amending LLC and Partnership Agreements Protect Against the New IRS Audit Rules
For those of you with business partnerships (including LLCs taxed as partnerships) filing an IRS Form 1065 U.S. Return of Partnership Income, this blog contains important news for you. Treasury Regulations implementing the centralized partnership audit regime under the Bipartisan Budget Act of 2015 (the “BBA Procedures”) were published earlier this year. The BBA Procedures […]
C-BeyondHealth, LLC Partners With Next Frontier Biosciences To Bring Advanced Cannabinoid Formulations To The Medicinal Cannabis Market
PRESS RELEASE Innovative Formulations and Delivery Methods Designed for Improved Administration Offer Patients Better and Safer Options GOLDEN, COLORADO, March 27, 2019— C-BeyondHealth, LLC and Next Frontier Biosciences are working together to bring patients a premium line of medicinal cannabinoid-based products with a focus on superior quality, consistency, and effectiveness. Together, the companies intend to […]
Harvest Health & Recreation to Acquire Verano, Creating One of the Largest U.S. Multi-State Cannabis Operators
PRESS RELEASE One of the Largest U.S. cannabis consolidations in history will give Harvest the right to operate up to 200 facilities across 16 states and territories Brings together geographically complementary, market-leading MSOs focused on quality, sound operations and value creation for shareholders March 11, 2019 – Phoenix, AZ and Chicago, IL – Harvest Health & Recreation, […]
4Front Strengthens Platform with Acquisitions in Massachusetts and Arizona
Press Release The acquisitions of Healthy Pharms and Greens Goddess increase 4Front’s national footprint and position it well in the Massachusetts and Arizona markets PHOENIX – Feb. 26, 2019 – 4Front Holdings, LLC (“4Front”), a leading retail and brand development company in the U.S. cannabis sector, has closed two recent acquisitions that expand its national […]
Medical marijuana grows hope in Cotton Plant
COTTON PLANT, Ark. – Patients in Arkansas are still not able to buy medical marijuana. But, there is a cultivation facility that is actively growing the plant. Bold Team, LLC has set up shop in the Woodruff County town of Cotton Plant. The downtown drag is lined with empty buildings and street signs falling apart. […]
The Lean, Mean and Green Harvest Health & Recreation Machine
By Rob Meagher CBE recently had the opportunity to meet with Jason Vedadi, Chairman of Harvest Health & Recreation (CSE: HARV) and Steve White, CEO. This is a story about two driven men, with complimentary skill sets and a shared vision, who have a strategic plan to become the dominant player in the Cannabis Industry while running […]
Essence Cannabis Dispensary Awarded Record Number of New Licenses in the State of Nevada
PRESS RELEASE LAS VEGAS, Nev. – December 11, 2018 – Essence, Las Vegas’ largest marijuana dispensary and cultivation operation, is pleased to announce it was awarded a record number of new dispensary licenses in the state of Nevada, one of the only limited license, adult-use cannabis markets in the U.S. Essence applied for and was […]
4Front and Cannex Capital Announce Transformational Business Combination to Create Operations-Focused Industry Leader
PRESS RELEASE Cannex’s proven large-scale cultivation and manufacturing leadership combined with 4Front’s retail platform, business development and executive team will create a multi-state vertically integrated powerhouse Vancouver, BC and Phoenix, AZ, November 26, 2018 – Cannex Capital Holdings Inc. (“Cannex” or the “Company”) (CSE: CNNX / OTCQX: CNXXF) and 4Front Holdings, LLC (“4Front”) are pleased to announce that […]
Applied Inventions Management Corp. Announces Completion of its Continuance to British Columbia and Name Change and Completion of Subscription Receipt Financing
PRESS RELEASE TORONTO and NEW YORK, Nov. 13, 2018 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (the “Company”), formerly Applied Inventions Management Corp., and High Street Capital Partners, LLC (d/b/a Acreage Holdings) (“Acreage”) are pleased to announce that, further to their September 21, 2018 announcement regarding the business combination pursuant to which, among other things, Acreage […]
