#multi-state operators (msos)

Multi-State Tax Considerations for Multi-State Operators

Cannabis legalization continues to gain momentum across the country, with several new states having legalized marijuana in 2021. As of this post, the number of states in which recreational marijuana is legal is 18, and 16 other states allow for medical use only. Cannabis business owners and investors are hopeful this momentum has set the stage for federal legalization soon. It is difficult for…

New cannabis licensees in Illinois face David vs. Goliath fight against industry giants

As Illinois begins to award much-delayed cannabis business licenses, the new business owners will face a long uphill climb. They’ll be pitting mom-and-pop startups against giant companies that have had a five-year head start to take control of the market. Entry-level entrepreneurs will have, in many cases, one dispensary to compete with companies that control up to 10 stores across the state.…

Federal Antitrust Scrutiny and (Certain) Cannabis Deal

By Hilary Bricken, Co-Founder Harris Bricken

If you follow state-by-state legal cannabis legalization, you’re aware that despite the federal illegality of cannabis, certain federal agencies police the cannabis industry like they do any other legal industry. For example, the NLRB has been known to go after cannabis companies engaged in hostile workplace conduct and the Department of Treasury