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A Comprehensive Review of Cresco Labs

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Here is a comprehensive review of Cresco Labs with a breakdown of their structure, products, stock, and performance. In a nutshell, Cresco labs is among the top players in the cannabis space. As much as the company, which is publicly listed, is yet to turn in profits, they have achieved significant revenue growth in the last several months. The company works through subsidiaries that offer a wide array of products for both the medicinal and recreational market. 2020 has been a tough year for most stocks, but it appears that Cresco labs will be among the lucky few that will be able to weather through the storm. Below are a few pointers as to why this might happen.

Background of Cresco Labs

Cresco Labs was started way back in 2013 by two ex-colleagues; Charlie Bachtell and Joe ...

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IRS Releases Tax Guidance for Cannabis Businesses

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  The U.S. Internal Revenue Service (IRS) released tax guidance for cannabis businesses on Sept. 10, 2020. In the website, the IRS includes instructions on how cannabis businesses can pay their taxes even if they don’t have a bank account. The tax clarification helps companies remain compliant. Despite the change, they suffer a big disadvantage due to federal restrictions.

IRS Watchdog Group Spurs Action

Before the guidance was released, marijuana businesses didn't know if they could reap the tax benefits that other markets enjoy due to marijuana's status as a federally restricted drug. Despite the tax limitations, companies were still expected to pay taxes and report them to the IRS. The new tax guidelines aim to help marijuana businesses easily pay their taxes. “A ...

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Should You Buy Aphria Stock?

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  Should you buy Aphria stock? Ontario-based Aphria is one of the biggest weed companies by market value. Like many other brands, it’s not been immune to the COVID-19 crisis. Despite the pandemic woes, it's seen strong sales in medical and adult-use markets. Our article covers the pros and cons of buying this popular pot stock.

A Troubled Past

Before we get into the company overview, let’s discuss its stock risks. In 2018, it overinvested in the acquisition of LATAM Holdings. An independent investigation concluded that the deal was a way for board members to get more money. The conflict of interest led Aphria’s former CEO, Vic Neufeld, to resign. New leadership is set to get the company back on the right track. As a result of its mismanagement, Aphria suffered a ...

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Top Marijuana Stocks for September 2020

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  Here are the top marijuana stocks for September 2020. Weed is easily the fastest-growing industry in the nation. Despite its momentum, its stock figures aren’t as predictable. Over the past few years, pot stocks have soared and dipped to the dismay of investors. If you can handle the growing pains, here’s where you should invest.

Our Favorite: Valens Company

Since March 2019, pot stocks have had a bumpy road, to say the least. Some pure-play weed stocks fell down by a double-digit percentage last year. For smart investors, the uncertainty in the market allows them to buy pot stocks for cheap. One of the most attractive pot stocks to buy is the Canadian ancillary company, Valens Company. Valens Company (OTC:VLNCF) provides extraction and analytical testing ...

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Maine Drops Cannabis Residency Requirement

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  In May 2020, we saw Maine drop its cannabis residency requirement. Now, you don't have to be a resident to open an adult-use business in the state. The policy change comes after a legal agreement was made between the state and the Wellness Connection of Maine. This news is big for out-of-state investors. It has caused some concerns from local businesses who fear a corporate takeover.

Maine Gets Sued

In March 2020, Maine weed company Wellness Connection filed a suit over the state's residency requirement. Wellness is the state's largest medical pot company. It's financed by an out-of-state investor owned by Acreage Holdings.  Currently, Wellness is 51 percent owned by residents. Any additional out-of-state investment could’ve made the company ineligible under the ...

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Is Green Thumb Industries Stock A Good Investment?

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Is Green Thumb Industries stock a good investment? To answer that we’ll have to comb through what Green Thumb Industries (GTI) has to offer. GTI is a versatile and diverse operation. It's attacking on many fronts including production, retail, and consumer packaged goods. Needless to say, GTI is an enticing stock for pot stock buyers.

U.S. Market Opportunity

The U.S. pot market is gaining steam on tobacco and beer sales. At this rate, huge growth is expected over the next decade for the pot sector. In recent years, the U.S. has experienced a major shift in momentum towards an end to weed prohibition. With the Farm Bill passing in 2018 and the Safe Act passing the House in September 2019, lawmakers have never looked more eager to legalize weed.

Green Thumb ...

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A Comprehensive Review of Liberty Health Sciences

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    Here is the most comprehensive review of Liberty Health Sciences that covers the products, locations, and discounts & deals. Liberty Health Sciences is a leading manufacturer and distributor of medical cannabis in the United States and Canada. They pride themselves in having a wide network of welcoming dispensaries as well as state of the art private consultation rooms for personalized care. All this is geared towards making patients feel most at home. Liberty operates 25 cannabis dispensaries in Florida. They have plans to acquire an additional 10 locations to expand their reach within the state of Florida. Liberty operates from Florida where they have an Innovate Campus encompassing 190,000 square feet of cultivation space plus an additional 50,000 ...

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How Much Does A Dispensary License Cost in California?

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  How much does it cost to get a cannabis dispensary license in California? This is a question that is commonly asked by entrepreneurs who are looking to venture into the legal cannabis market in the Golden State. However, this question can never be answered in one simple sentence, even a full- length article will not do justice. However, I will attempt to guide you through the cost ramifications of obtaining a license in California in this brief article. I will also guide you to all the resources that you will need to fill in any knowledge gaps or answer any questions that may come up along the way. The best way to approach this is through a question and answer format that addresses dispensary costs from different angles, most importantly the cost of obtaining a license.

What ...

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How to Open an Arizona Dispensary

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  Do you want to learn how to open an Arizona dispensary? Arizona has one of the most robust medical weed markets in the nation. They’re not accepting licenses at the moment. However, it’s never too early to prepare for the next round of licenses. Plus, an adult-use pot measure is likely to pass during the 2020 ballot. That means more licenses will be available soon.

State of Arizona's Weed Market

The state's medical pot market has taken off like a rocket since its start. In 2019, the industry saw a gain of 21 percent in sales. That resulted in a total market value of $709 million. During the same year, the state had 15,059 full-time pot jobs. Weed legalization is likely in the near future. If the law passes, the job numbers are set to grow fast. Voters passed the ...

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A Comprehensive Review of VidaCann

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    This is a comprehensive review of VidaCann which is a leading medical cannabis brand that is based out of Florida. They live by the mantra of helping Florida citizens lead healthy lives by using natural cannabis products. Medical cannabis was legalized in the Sunshine state in 2016 by way of constitutional amendment. Recreational use is still illegal and violation of this will attract a penalty or a prison sentence. If you are a medical marijuana patient in Florida you can access medical marijuana from any of the VidaCann dispensaries. VidaCann claims to have a long history of growing cannabis using sustainable methods. They also claim to have a “personal” commitment to producing medicinal- grade cannabis products. As you will see later in the review ...

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Cannabis Dispensary Guide: How To Compete With The Illicit Black Market

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This cannabis dispensary guide is intended to help cannabis dispensaries compete with the illicit market and win; in spite of all the “advantages” that the illicit market seems to have over the legal market. The cannabis market is rife with opportunities at this time. However, the competition is stiff. Worse still, legal cannabis dispensaries have to elbow out a black market that has no rules to abide by or taxes to pay. How can a startup dispensary cut through the noise to carve out a loyal niche is such a market? There are a couple of tricks that can help you win fair and square against the illicit market. First you will need to stick through to the end of this article. Secondly, you will need to roll up your sleeves and put to work the useful tips that you will have gleaned from ...

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Cannabusiness Funding: How To Do It In 2020

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  To help you survive the current economic meltdown, we will show you how to tackle cannabusiness funding in 2020. The cannabis market has been thriving in spite of the global economic crisis arising from the COVID-19 pandemic. It seems that people are finding more uses for cannabis; both medical and recreational. A recent study showed that cannabis may be used to prevent COVID-19; though larger randomized trials are needed to give a clear direction on this. Meanwhile, people are using cannabis to manage anxiety, pain, and other symptoms that are associated with the virus. All this speaks one thing; the market is rife with opportunity. Unfortunately, the barriers to entry are significant, and can be insurmountable if you are cash strapped. On average, setting up a cannabis ...

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Top Marijuana Stocks for August 2020

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    These are the top marijuana stocks for August 2020. If you invested in pot stocks a few months ago, you probably saw some big gains. Despite a global pandemic, weed stocks have grown fast in the past few months. With more people stuck at home, the demand for pot has gone up. Despite some growing pains, owning a pot stock is a long-term play. As more states and countries continue to legalize weed, the industry is set to grow even bigger. As a cannabis investor, you need to stay informed about the industry's major developments. Knowing your stocks can put you in a better financial position later on. Check out the best pot stocks you should be looking at in August 2020.

Our Favorite: Trulieve Cannabis

U.S. multistate operator, Trulieve Cannabis has been ...

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A Review of Caviar Gold

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This review of Caviar Gold breaks down the good, the bad, and the ugly of the range of connoisseur crafted THC infused products offered by Caviar Gold. If you love your THC, you haven’t tasted anything yet before you taste Caviar Gold- a Dom Perignon of sorts. Beware, you will be paying up to five times more to get a taste of this goodness (about $50 per gram). But there is good reason why you should try it. You will learn in the next few minutes. Caviar Gold is a cannabis brand that utilizes a proprietary formula to create THC infused products that deliver maximum therapeutic and recreational benefits. Currently they offer 9 different products that are hand crafted to produce superior effects. Their products stand out from what is available in the cannabis market. This is not just ...

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An In-depth Review of Foria Wellness

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  Being one of the most innovative companies in the cannabis space we decided to do an in-depth review of Foria Wellness. Foria Wellness has risen steadily in popularity in the last couple of years since 2013. It is surprising to know that this great company began with just one product – Foria Pleasure. But this one product, being a newish concept in the cannabis market, sure did catch fire in California and Colorado and the rest is history. Foria is now setting the pace in cannabis wellness as far as intimacy and optimal wellness for women is concerned. Pleasure is a cannabis arousal lube that is intended to heighten sensation and pleasure during intimacy. Of course the company has a broader range of products by now. However, they have managed to maintain a lean ...

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