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Cannabis Chart Of The Week: How Much Will MSOs Save In Taxes From Elimination Of 280e?

By Viridian Capital Advisors
September 18, 4:36 PM
One of the most important results of the potential rescheduling of cannabis to Schedule 3 is eliminating 280e taxes. In previous charts of the week, we have shown that 280e significantly negatively impacts cannabis companies by reducing their internally funded growth and limiting their debt capacity.

AAWH

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Cannabis Chart Of The Week: How Much Run Is Left In MSO Valuation Multiples?

By Viridian Capital Advisors
September 11, 2:18 PM
The MSOS ETF (ARCA: MSOS) gained 69.4% between 8/25/23, five days before the blockbuster announcement of an HHS rescheduling recommendation to this past Friday, 9/8/23. Similarly, the EV/Next-Twelve-Month consensus EBITDA multiples for the group in the chart have increased by 27.5%.

AAWH