Medical marijuana accounting is similar to recreational accounting, as both have very strict guidelines in place by the government. The main difference between the two industries is that medical marijuana is only legal for medical purposes, such as to ease the pain of cancer patients, and must be approved by the state and the patient’s […]
Arxius mensuals: Maig 2021
Cannabis Accounting Education and Training Bookkeepers CPAs Tax
If you require legal or professional advice, kindly contact an attorney or other suitable professional advisor. Most cannabis companies now pay an effective tax rate between 60 and 80 percent, according medical marijuana accounting to multiple business owners. Every state that permits cannabis operators has ultra-strict guidelines to monitor the operation “from seed to sale” […]
What Is an IPO? How an Initial Public Offering Works
Many people think of IPOs as big money-making opportunities—high-profile companies grab headlines with huge share price gains when they go public. But while they’re undeniably trendy, you need to understand that IPOs are very risky investments, delivering inconsistent returns over the longer term. Closely related to a traditional IPO is when an existing company spins off a […]
8 Things to Know about IPOs
Lock-up agreements are legally binding contracts between the underwriters and insiders of the company, prohibiting them from selling any shares of stock for a specified period. Ninety days is the minimum period stated under Rule 144 (SEC law) but the lock-up specified by the underwriters can last much longer. The problem is, when lockups expire, all the […]