Adam Stettner
Rescheduling cannabis could potentially bring several financial benefits to Cannabis Businesses: Tax Benefits/Abolishing 280E Cannabis businesses currently face significant tax burdens due to the federal government’s treatment of cannabis as a Schedule I substance. Rescheduling would likely allow cannabis businesses to take advantage of tax deductions and credits that are currently unavailable to them,…
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Being Banking-Fit Is The Best Flex: What’s The Ideal ‘Exercise Routine’? FundCanna Founder and CEO Adam Stettner recently spoke at the Benzinga Cannabis Capital Conference where he shares insights into what makes a Cannabis Business ‘financially fit’, what criteria FundCanna looks for, and an incredible ‘war story’. Watch the panel below! Full Transcript: Moderated by:…
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While the possibility of rescheduling is exciting and the biggest news for Cannabis since the Cole Memo, there are numerous factors that warrant careful consideration. Undoubtedly, the potential benefits of rescheduling cannabis are substantial. From expanded market opportunities to lower taxes, there’s a lot to look forward to. However, we must also acknowledge the potential…
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These Are the 13 States Consuming the Most Cannabis Per Capita (And How It Might Help Your Business)
US cannabis retail sales expect to generate $33.5 billion this year. By 2028, the market is forecasted to contribute approximately $170 billion annually to the national economy. Those figures and many more interesting datasets are compiled in Marijuana Business Daily’s 2023 Factbook. Some of the more interesting data compiled includes state by state usage. Using…
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CANNABIS MARKET REPORT Cannabis Market Expected To Grow For Years Despite Setbacks Sometimes the news and the industry chatter may lead you to believe that the cannabis market is all doom and gloom. No sector has been able to avoid the market struggles of recent years. But that doesn’t mean cannabis is in trouble.…
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As the cannabis industry grows and evolves, so do the industry’s business needs. One of the most pressing needs for many cannabis companies is access to equipment. Leasing or purchasing equipment can be a significant financial hit, especially for smaller operators. That’s where cannabis equipment financing comes in. What is Cannabis Equipment Financing? Equipment financing…
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Access to flexible financing solutions is crucial for sustained growth and success in the cannabis space. Cannabis operators have long held onto the hopes of easier financial access via federal banking reform. But that so far hasn’t been the case. A range of customizable financing solutions are available to cannabis operators. FundCanna is here…
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2023 Cannabis Industry Trends To Expect And Prepare For The cannabis industry continues to grow and evolve. The billion dollar market is expected to continue to grow in the coming years-including hopes for long-sought-after reform. Last year saw substantial movement that hopefully builds into more momentum in 2023. After a strong 2022, which saw…
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As The Market Awaits Cannabis Reform, One Lawsuit Could Upend Interstate Commerce Prohibition One of the most critical components to cannabis industry success and scalability is interstate commerce. For many advocates, interstate commerce is imperative to a state or federal legal program. However, federal law creates a currently insurmountable wall to that goal. Currently, brands…
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Cannabis banking reform could finally be a reality for the industry if lawmakers pass a bill during the current lame duck session. After years of possible reform never coming about, recent reports suggest that Senate could take action on banking while also creating grants for states to expunge previous cannabis convictions.
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