May 6, 2021 08:56 pm
By Chloe Aiello
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On the back of a megamerger with Aphria, the new Tilray is well-positioned to take advantage of global opportunities in cannabis, according to CEO Irwin Simon.
“Tilray today has a footprint all around the world,” said Simon, who previously led Aphria. “We are participating in a $100 billion category with tremendous growth opportunities around our brands and the categories that we participate in.”
The transaction closed Monday after shareholders approved the megamerger, and shares of the Tilray newly combined with pot producer Aphria kicked off trading on the Toronto Stock Exchange Wednesday under the ticker “TLRY.” They continue to trade on the Nasdaq Global Select Exchange, where the pot producer closed down more than 11 percent on Thursday.
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On the day two Republican rivals unveiled flashy new campaigns and the media magnet of a real, live bear Gov.
Gavin Newsom demonstrated again that his main strategy is to ignore them.
Newsom joined firefighter allies for his first official anti-recall event, but he wasn’t interested in talking about his opponents. Reporters asked Newsom about John Cox branding him an empty-suit “pretty boy,” or about
Caitlyn Jenner’s launch video ahead of her media debut on “Hannity“ tonight. Newsom said he hadn’t seen Jenner’s video and would rather spend the three minutes elsewhere. Asked about his flurry of fundraising emails hitting Jenner, Newsom pivoted to vaccines.
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Denver, Colorado (Newsfile Corp. - May 3, 2021) - CBD of Denver, Inc. (OTC Pink: CBDD), a full-line CBD and hemp oil company and a producer and distributor of cannabis and CBD products in Switzerland, Europe, and the US, today discusses the Swiss pilot program to permit temporary production and distribution of marijuana.
In June 2020, the lower house of Switzerland s Federal Assembly approved a bill for a five-year pilot research program for the temporary production and distribution of cannabis to adults for recreational purposes. Marijuana Business Daily reported that it could lead to the normalization of cannabis in Switzerland. The pilot program is intended to provide scientific arguments for a national debate on the opportunity to legally regulate cannabis for adult consumers, according to an expert quoted in the
Legal Cannabis Companies Pay Insane Tax Rates Thanks To A Minnesota Speed Dealer
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Tax Burden: state legal cannabis companies pay under a tax code created to discourage illegal drug trafficking.
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In 1975, Jeffrey Edmondson, a drug dealer based in Minneapolis, filed his taxes. As a self-employed man in the illicit drug trade, he had a good year he sold 1.1 million amphetamine pills, five ounces of cocaine, and 100 pounds of marijuana. And like any other God-fearing, tax-paying American business owner, he wanted to deduct standard business expenses.
On his tax return, Edmondson recorded $105,300 in costs related to selling speed, weed, and coke during the taxable year of 1974. He also itemized two-thirds of the 29,000 miles he put on his car that year, $250 for a flight to San Diego, and $200 for food and entertainment expenses during a business trip. There was also $50 for a scale, $200 for packaging supplies, and $180 in long distance phone calls. Since Ed
Minority Entrepreneurs Face Uphill Battle To Enter Legal Marijuana Market forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.