Cannabis Insights

July 22, 2018

Beware! Are you in compliance with your cash payments?

By Mary Amato, CPA, Partner, CohnReznick It is no secret that the Internal Revenue Service (IRS) is aggressively auditing cannabis businesses. The focus is on more […]
July 15, 2018

Banks and Credit Unions Working with Cannabis Business in the U.S.

Despite federal prohibition of cannabis, the number of U.S. financial institutions serving the industry increased more than 29% in 18 months. Most institutions are state-chartered banks […]
July 8, 2018

National Arrests for Cannabis-Related Offenses 1996-2016

Despite the majority of states allowing medical cannabis use, cannabis leads drug-related prosecutions in the U.S by a significant margin. Over 650,000 people were arrested for […]
July 8, 2018

The Patton Family, Green Meadows Farm, and a Commitment to Giving Back

Historic Massachusetts farm cultivates medical cannabis with a social conscience By Michael Harlow, CPA, Partner Beginning decades ago, George and Joanne Patton, son and daughter-in-law of […]
July 8, 2018

Despite Recognition of Injustice, Arrest Rates for Cannabis Remain Unequal

By J.J. McCoy, Senior Managing Editor for New Frontier Data New research from New Frontier Data finds that cannabis arrests account for 41.6% of all drug-related […]
July 1, 2018

U.S. Total CBD Market By Sector (in Millions)

The FDA last week approved UK-based GW Pharmaceuticals’ Epidiolex, a “pure plant-derived CBD” extract shown to drastically reduce seizures in children with epileptic syndromes. Marking the […]
June 24, 2018

Additional Revenues from Potential State Legalization

More than a dozen states are expected pass new cannabis legalization measures before 2025. Of them, four are expected to open medical markets, while nine may […]
June 24, 2018

Is Talk About the STATES Act for Real? Or Just More Static?

By J.J. McCoy, Senior Managing Editor for New Frontier Data Judging by a flurry of anxious headlines this month, the U.S. Congress (with President Trump’s “probable” […]
June 19, 2018

Five Key Risks and Exposures of Canadian Licensed Producers (LPs): What Should Investors Be Worried About?

By Yona Torres, Editor, New Frontier Data As exiting opportunities arise from the Canadian cannabis market, investors should be aware of five key risks and exposures […]