EXCLUSIVE: How Regulatory Reforms Could Reshape M&A Pulse In Cannabis Industry
Portfolio Pulse from Joana Scopel
The cannabis industry's mergers and acquisitions (M&A) landscape is undergoing a transformation, with potential regulatory reforms such as the SAFE Banking Act and the rescheduling of cannabis. These changes could provide financial stability to cannabis companies, attract investors, and make M&A opportunities more competitive. Verano Holdings Corp. (OTC:VRNOF) highlighted the significant impact of the 280E tax provision, estimating potential annual tax savings of $700 million for top public MSOs with reform.
September 28, 2023 | 3:29 pm
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Verano Holdings Corp. (OTC:VRNOF) could benefit from potential regulatory reforms in the cannabis industry, including the 280E tax provision reform, which could result in significant annual tax savings for top public MSOs.
The potential regulatory reforms in the cannabis industry, including the 280E tax provision reform, could provide financial stability to cannabis companies like Verano Holdings Corp. This could result in significant annual tax savings for top public MSOs, making the company more attractive to investors and potentially boosting its stock price in the short term.
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