Learn More

Archive

Tax Credits Available for Investing in Connecticut Cannabis Companies

By Michelle Bodian, Bridgette Nikisher
Nov 15, 2022

Who wants free money for investing in a Connecticut cannabis company? CT's Cannabis Angel Tax Credit Program provides a way for investors to receive a 25% tax credit against the state income tax when they invest at least $25k in an approved social equity cannabis licensee.

What is a Cannabis SPAC?

By Charles Alovisetti and Ilya Ross
Feb 19, 2021

With wary investors and a minimal number of FDIC-insured bank lenders in the space, cannabis entrepreneurs are running out of options to raise capital. SPACs create a unique opportunity to fill the current vacuum of capital in the cannabis industry.

Raising Private Capital in the Cannabis Industry

By Charles Alovisetti, Elliot Choi, Sahar Ayinehsazian
Sep 18, 2020

Raising private capital continues to be a challenge for the nascent cannabis industry, but there are proactive steps companies can take to maximize the chance of a successful raise.