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home / news releases / GDNSF - Impact Of 280e On Cannabis Company Net Income

GDNSF - Impact Of 280e On Cannabis Company Net Income

Goodness Growth Holdings Inc Com
  • Section 280e of IRS code disallows the deduction of most cannabis company expenses.
  • Removal of 280e is expected to cause a surge in cannabis stock prices.
  • Stock prices tend to be highly correlated to PE multiples.
  • Cannabis investors may have overestimated the impact removal of 280e would have on net income after taxes.

For further details see:

Impact Of 280e On Cannabis Company Net Income
Stock Information
Company Name: Goodness Growth Holdings Inc Com
Stock Symbol: GDNSF
Market: OTC
Website: goodnessgrowth.com
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