Retail store owners earn on average between $250,000 dollars and $450,000 a year, but a small percentage of these businesses makes up a million dollars in a year. The average cannabis retail store produces around $2 million yearly in sales with a 12% margin in profit. The current federal 280E tax code makes profits shrink quickly in the cannabis world. Cannabis businesses can’t take write-offs for their business, since cannabis is currently a Schedule 1 drug on the CSA.
Germany has received nearly 900 applications for cannabis cultivation associations, but only just over half…
A Senate stopgap funding bill would delay the federal prohibition on most hemp-derived THC products…
He smokes in boardrooms, but he’s still on that underground frequency. This content originally appeared…
Fox News opinion ran a piece recently from Scott Chipman, vice president of Americans Against…
For our 50th anniversary, we handed the plant to the artists making its most striking…
Corporate valuation increased in 21 of the 38 states studied following medical marijuana legalization. Gross…