Cannabis Quarterly insights, Q4 2022: ESG, Year in Review, tax, and more

    cannabis technology
    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.

    Insights from CannaVest West 2022

    At this year’s 2022 CannaVest West Institutional Capital Forum, powered by MJBizCon, CohnReznick participated in several engaging panel discussions with capital providers, operators, and other leading industry voices. Check out top takeaways from our sessions:  

    • From distress to opportunity in cannabis: Restructuring, workouts, and distressed M&A > Read more
    • New pathways to capital for cannabis enterprises > Read more
    • Impacts of the political environment on cannabis: Current trends, and what may be ahead > Read more

    Celebrating developments that defined the cannabis industry in 2022 (and their implications for 2023)

    2022 saw many positive events for the cannabis industry, the cannabis community, and the industry sectors connected to cannabis. Before turning our focus to a new year, let’s celebrate these notable developments together, and unpack their implications for 2023 and beyond.

    SALT Shaker: State and local developments and trends in tax and more

    Cannabis businesses must keep careful track of the many state and local taxes, regulations, and market conditions they may be subject to. Catch up on recent state-specific developments in legalization, licensing, and more, and what they could mean for your business.

    From around the industry

    MCBA midterm election recap: Mixed bag for marijuana legalization

    This year’s midterm elections included several ballot initiatives to legalize cannabis, decriminalize marijuana possession, or launch a regulated market to license cannabis businesses. Here, the Minority Cannabis Business Association (MCBA) recaps the results and shares takeaways. > Read More

    Canada’s cannabis producers target the U.S. as a potential growth market

    Earlier this year, one of Canada’s largest cannabis companies created a new U.S.-domiciled holding company, effectively accelerating its path into the U.S. cannabis industry. Whether we see a continued flight to new markets by Canadian cannabis organizations remains to be seen, but the door is certainly open, Davidson and Company writes. > Read more

    In case you missed it

    • Toolkit for new cannabis licensees: 5 drivers for continued growth > Read more
    • How data can help cannabis industry operators make better-informed business decisions > Read more

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    Ira Weinstein

    Principal, Corporate Development

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    Any advice contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues. Nor is it sufficient to avoid tax-related penalties. This has been prepared for information purposes and general guidance only and does not constitute legal or professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice specific to, among other things, your individual facts, circumstances and jurisdiction. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick LLP, its partners, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.