Its pretty easy to write about everything thats going wrong in todays cannabis industry. Today, I want to change gears and talk about some of the strategies weve seen work for distressed cannabis businesses in the past. Yes, some of these strategies may seem obvious at first. But pulling them off correctly especially in a highly regulated market may be a challenge.
What Im about to talk about might not work for every cannabis business and certainly not for every problem they face. And this is certainly not legal advice. The point Im trying to make is that despite being in an over-taxed, over-regulated, industry on the edge of (if not in) a recession, there may be ways out. So without further ado, here goes:
1. Negotiating with tax auth…
Read the full article at: https://harrisbricken.com/cannalawblog/strategies-for-distressed-cannabis-businesses/