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Gemini Fees: A Full Breakdown and How To Reduce Costs

Gemini Fees: A Full Breakdown and How To Reduce Costs
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What Is A Cannabis REIT? | Vicente Sederberg LLP

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To many in the cannabis industry, REIT is not a common acronym. Yet, as cannabis businesses seek ways to access additional capital, REITs are coming up in more and more conversations.
What is a REIT?
“REIT” stands for Real Estate Investment Trust. Typically, a REIT is a corporation that has elected to be taxed as a REIT (which provides several tax advantages, including the ability to deduct dividends from taxable income). REITs generally raise money from outside sources, often on public markets, and use those funds to buy, develop, operate, and sell income-producing properties. To qualify as a REIT, a company must meet certain qualifications. For example, most of the income of a REIT must be generated by income-producing real properties (e.g. rents, sale proceeds, and interest on mortgages) and it must annually distribute most of its income to shareholders. ....

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