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Congressional Cannabis Caucus Co-Chairs Introduce Federal Reform Legislation - Vimarsana News

Congressional Cannabis Caucus Co-Chairs Introduce Federal Reform Legislation

Congressional Cannabis Caucus Co-Chairs Introduce Federal Reform Legislation U.S. House Reps. Dave Joyce and Don Young put forward a bill that would limit the application of federal laws to the distribution and consumption of cannabis. A pair of House Republicans aren’t holding their horses on cannabis reform activity in the Senate. Reps. Dave Joyce, R-Ohio, and Don Young, R-Alaska, introduced a bill May 12—the “Common Sense Cannabis Reform for Veterans, Small Businesses and Medical Professionals Act”— that would remove cannabis from the list of scheduled substances under the Con...

What Is A Cannabis REIT? | Vicente Sederberg LLP - Vimarsana News

What Is A Cannabis REIT? | Vicente Sederberg LLP

To embed, copy and paste the code into your website or blog: To many in the cannabis industry, REIT is not a common acronym. Yet, as cannabis businesses seek ways to access additional capital, REITs are coming up in more and more conversations.   What is a REIT? “REIT” stands for Real Estate Investment Trust. Typically, a REIT is a corporation that has elected to be taxed as a REIT (which provides several tax advantages, including the ability to deduct dividends from taxable income). REITs generally raise money from outside sources, often on public markets, and use those funds to buy, de...