Direct Listings on Stock Market
The direct listing process for cannabis companies offers many advantages compared to the traditional initial public offering process. Direct listings provide a way for companies to go public without raising any new funding, which creates a more level playing field for investors. In addition, direct listings give existing shareholders the ability to sell their stock, providing liquidity that is not always available in the traditional IPO process. Cannabis companies that list directly on the stock market can also avoid some of the expensive underwriting fees associated with traditional IPOs. For these reasons, direct listings are becoming an increasingly popular option for cannabis companies looking to go public.
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Extracted from the live show: https://youtu.be/9ZkIRUejFio
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legalization news, cannabis taxes, cannabis double tax, IRC-280E
