Cannabis

Going Public in Canada

What You Need to Know To Go Public in Canada Denied access to many fund-raising avenues, US-based cannabis businesses are going public in Canada to generate the capital that fuels…

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MGO | ELLO National Cannabis Alliance Releases Special Report on Cannabis IPOs and RTOs

LOS ANGELES, November 13, 2018 - The MGO| ELLO National Cannabis Alliance, a leader in the cannabis financial, tax and advisory services space, today announced the release of their whitepaper “Going Public in Canada:…

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MGO and ELLO Announce Professional Services Cannabis Alliance in Response to Rapid Growth in U.S. and Canadian Capital Markets

 LOS ANGELES–OCTOBER 31, 2018 – MGO LLP, one of the fastest growing CPA and Financial Advisory Services firm in the nation, and partner firm ELLO LLC, a leader in the…

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Seeking Capital in Canada: Why US Cannabis Businesses are Going Public in Canada

cannabis, industry, capital markets, capital raise, IPO, RTO, going public, Canada, cross-border, advisory, accounting, financial,

2018 has been a landmark year for the cannabis industry in many ways. Not only did California’s legal market open on 1/1/2018, but Canada is soon to become the largest…

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TAX ALERT: Feds Move to Block SALT Deduction Workarounds

One of the most significant, and controversial changes affecting individual tax returns in the Tax Cuts and Jobs Act, H.R. 1 (“the Act”) is the provision limiting the deductibility of…

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Where is the “Pot” of Gold?

California’s Cannabis Tax Revenue: Expectations vs. Reality By: Scott Johnson Cannabis tax revenues have fallen short, much to the chagrin of state and local governments who were relying on higher…

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Progress Made But Much Work to Be Done: Fireside Chat with Cat Packer and Lori Ajax

cannabis, los angeles, california, compliance, guidance, advisory

Earlier in June, the MGO | ELLO Alliance sponsored the “Cannabis in California: A Fireside Chat” event, a discussion of the state of the cannabis industry in Los Angeles and…

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July Packaging & Testing Deadline: How Cannabis Businesses are Complying with California Requirements

cannabis, california, advisory, guidance, compliance, packaging, testing, bcc

"The transition period in the licensing authorities’ regulations allowing exceptions from specific regulatory provisions ends on June 30, 2018. Beginning July 1, 2018, cannabis goods must meet all statutory and…

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Is an End to the Cannabis Banking Crisis Near?

In April, the California State Senate Governance and Finance Committee approved bill SB 930, which seeks to create a state-wide banking framework for the cannabis industry. The legislation was originally…

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Cannabis Jobs Boom Creates Unexpected Challenges

The cannabis industry in California, and throughout the US, is experiencing extraordinary growth. With established cannabis businesses expanding, and new businesses opening on a daily basis, a competitive hiring environment has emerged.…

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