280e

Operating since 2011 comes with an enormous amount of experience and scars.

Navigating the turbulence and keeping an eye on what's essential while scaling your organization is no small feat.

Identifying new hidden revenue opportunities is the first challenge, but capitalizing on those opportunities, given the plethora of cannabis challenges, is an entirely different beast.

This week, we sit down with Gabe Mendoza, EVP of Revenue for 4Front Ventures, to discuss the following:

• Introducing "The Hunt"
• Leveraging Highly Competitive Markets for Product Testing
• Turning Experience into Revenue Opportunity

About 4Front ventures 

Established in 2011, we’re a leading force in North America’s cannabis industry. With over 600 skilled professionals across key states, we’re constantly refining our craft and advancing the industry. Our track record showcases our ability to thrive at scale in competitive settings. Today, our proven strategies fuel our growth in production, distribution, and sales throughout our target regions.

Guest Links 

https://4frontventures.com/leadership/
https://www.linkedin.com/company/4front-ventures/
https://twitter.com/4FrontVentures
https://www.youtube.com/channel/UCUhFE3NWuqFo9z-rme1oTGQ
https://www.instagram.com/_4frontventures_/

#CannabisIndustry #CannabisCommunity #FFNTF

Follow us: Our Links.

At Eighth Revolution (8th Rev), we provide services from capital to cannabinoid and everything in between in the cannabinoid industry.

8th Revolution Cannabinoid Playbook is an Industry-leading report covering the entire cannabis supply chain 

The Dime is a top 5% most shared  global podcast 

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On this episode of the High Rise, Cy and Emily talk about Ascend Wellness Holdings (AWH) banding together with other prominent cannabis businesses to sue the federal government over what they believe to be unconstitutional policies that are impending their operations. AWH has tapped the famous law firm Boies, Schiller Flexner to help them bring this case all the way up SCOTUS if they can garner enough support, and it definitely sounds like they do. 

Make sure to stream this at 1x speed, as there are many details Cy and Emily cover that go beyond the headlines of this latest story to come out of the cannabis industry. As always we thank you for listening and please remember to rate and subscribe to the High Rise wherever you get your podcasts.

https://www.marijuanamoment.net/marijuana-companies-teaming-up-to-sue-federal-government-with-all-star-legal-firm-multi-state-operator-ceo-says/

https://atach.org/capital-markets-council/

Headset

What’s good High Risers! We have another fun episode in store for you this week. No guest this time but Cy and Emily hold down a fun fact, laid backed, data backed conversation that covers a lot of ground from the world of cannabis. 

The state of New Jersey has finally been able to open up some adult use retail shops across the state — bong-a-bing! New Mexico has also launched their adult use sales program, very exciting spot in the US to have cannabis retail available for the people. Cy and Emily discuss some of the finer details of how these states are making it work.

The great state of New York has launched their own 280E tax provision that lets cannabis companies get some much needed tax relief and benefits — a huge win and important acknowledgment by the state that they understand some help in this regard is much needed.

Finally our hosts chat about preparing for another 420 ‘high holiday’ and the sales bonanza that it’s proven to be all these years, and how it seems to be evolving — plus some pretty pretty good data to share about the holiday. 

As always we think you’re going to enjoy listening to some great banter from Cy and Emily as they tie it all into the important topics of the day in this amazing industry. Please remember to rate and subscribe to the High Rise wherever you stream your podcasts from and stay tuned for next episode!

https://nypost.com/2022/04/11/nj-approves-seven-cannabis-facilities-for-recreational-sale/

https://www.crainsnewyork.com/cannabis/new-york-cannabis-firms-get-new-tax-break-state-budget

https://norml.org/blog/2022/03/02/new-mexico-adult-use-marijuana-sales-on-track-for-april-1st-launch/

https://www.instagram.com/stories/highlights/17901867730738674/

Headset

Did you know there are things you can do in the structuring and set up of your cannabis business that can pay huge dividends in terms of making it more efficient, less frustrating and putting more money in your pocket in a tax efficient manner?

And, one of those things is how you set up your new cannabis venture. Starting a cannabis business is exciting, but don't overlook the details. It's important to think through which type of business entity makes the most sense for your company today and down the road.

So, Chip will talk about the five common mistakes entrepreneurs make when selecting a business entity.

And, if you’ve already set up your company, but are now having second thoughts after we run through this, don’t worry.  We'll also talk about a hack you can use to change how your company is taxed if you hear anything here that gives you pause.

Plus, we've got our "News of The Day" segment.

What to listen to next:
Episode 07 - How to Build and Sell Your Cannabusiness Like A Boss
Episode 12 - Nine Tips To Create a Valuable, Resilient and Scalable Cannabis Business

Want to learn more about the great tips in this week's episode? Send an e-mail to chip@thegreenleafcpa.com and let's discuss!

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Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook.

And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community.

Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

Greetings High-Risers! We are excited to share this latest episode with you. Our special guest Matt Hawkins who is the founder and managing partner of Entourage Effect Capital gives us a bit of an inside scoop behind the recent Harborside/StateHouse Holdings definitive agreement in California.

In essence, this is a three way merger between Harborside, Urban Leaf, and Loudpack that will fall under one corporate name, which will be StateHouse Holdings. It's a monumental move with one of California's longest standing dispensaries since the very beginning of medical and adult use recreational cannabis. 

It's exciting to hear about the future progress that this move will bring, not only for the aforementioned companies, but for the entire legal California market as well. As always we hope you enjoy this informative discussion and that you'll remember to subscribe to the podcast wherever you stream from.

https://www.linkedin.com/in/matt-hawkins-11288a2/

https://entourageeffectcapital.com

https://www.prnewswire.com/news-releases/harborside-announces-business-combination-with-urbn-leaf-and-loudpack-creating-statehouse-holdings-a-leading-california-cannabis-company-301433467.html

Headset

Steven Monacelli is a Co-Founder and Partner of Restivo Monacelli, LLP. Steven introduces us to a few of the topics he will be presenting about at the upcoming Nucleus One event in Portland, Maine. The most significant topic, of course, is understanding and mitigating the impact of section 280E of the Internal Revenue Code. We recommend you grab a pen and paper for this episode because you are going to want to take some notes. Steve helps us review the differences and tax implications of an ordinary business versus a cannabis business and some strategies on staying compliant. You will not want to miss this.  

https://www.shevinlaw.com/copy-of-ryan-m-d-ambrosio-2