Cannabis Quarterly insights, Q3 2022: Tax, talent, investor relations, and more
These articles are part of CannaQuarterly, our quarterly email newsletter for cannabis industry stakeholders, developed by a wide array of CohnReznick specialists plus contributors from around the industry. Subscribe now to make sure you receive future issues.
New cannabis licensees: Setting and managing investor expectationsEarly and ongoing communication is critical to strong relationships between cannabis businesses and their investors. Read about top details to discuss during fundraising, strategy components to align on, and other factors key to keeping the relationship positive and productive for all involved.
Addressing economic factors outside of cannabis companies’ control: Declining wholesale pricesMaintaining competitive pricing while generating the revenue you need to stay afloat is a delicate dance in any business. This article examines the key trends in play right now, and top considerations and solutions to help evolve the way you approach your pricing strategies.
Q&A: Navigating cannabis’s talent complexitiesEspecially amid the current competition for talent, it takes time to build a thriving cannabis workforce. But careful attention right from the start will help set you up for abundant growth. Here, we explore current labor trends and their impacts on cannabis, plus practical tips on how to best approach them.
SALT Shaker: State and local developments and trends in tax and moreCannabis businesses must keep careful track of the many state and local taxes they may be subject to. Catch up on recent state-specific developments in 280E, credits, and more, and what they could mean for your business.
From around the industry
MCBA announces partnership with Green Flower to provide members with free cannabis training courses
Four on-demand Certificate programs will be available to Minority Cannabis Business Association (MCBA) members, including retail, cultivation, manufacturing and cannabis business essentials. > Read More
Dartmouth engineering students conduct first-of-its-kind independent study on energy efficiency in cannabis cultivation
The study, which was sponsored by the Sustainable Cannabis Coalition (SCC) and also supported by Rocky Mountain Institute and building science engineers, will ultimately provide regulators and industry operators with key insights into how the industry can meet climate, grid, and energy goals while improving business operations and cost targets. > Read More
Canadian cannabis companies: Current challenges and potential solutions
The Canadian legal cannabis market is facing a number of headwinds, from labor unrest to illicit market competition. The good news is that many of these challenges are not new, so there are familiar solutions to employ. Read Davidson’s overview >
And for those in the U.S. market, consider: What can we learn from these events and trends north of the border? What should U.S. legislators take into account as they develop cannabis regulations? What considerations do they raise for working with labor unions and protecting supply chains?
Is ensuring compliance important for tamping down on illicit cannabis markets?
Complying with patchworks of state laws can be time-consuming and expensive, and one of the main reasons illicit markets continue to thrive. Simplifya explores the challenge and highlights two states that illustrate how legislation can hinder legal participation – or potentially help smooth the path. Read more >
Subject matter expertise
Managing Principal – Real Estate, Cannabis Industries
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