Cannabis Tax Changes Could Trigger 504% Cash Flow Leap, Which Industry Players Will Benefit?
Cannabis Tax Changes Could Trigger 504% Cash Flow Leap, Which Industry Players Will Benefit?
The Department of Health and Human Services' recommendation to reclassify marijuana as a Schedule III drug under the Controlled Substances Act set off ripples across the cannabis market.
卫生与公共服务部建议根据《管制物质法》将大麻重新归类为附表三药物，这在整个大麻市场引起了轰动。
One day following Wednesday's news, MSOS ETF (NYSE:MSOS) surged by 21%. Notable companies also experienced remarkable gains, with State House Holdings Inc. (OTC:STHZF) skyrocketing by 74%, Columbia Care (OTC:CCHWF) witnessing a 38% boost, Jushi (OTC:JUSH) rising by 32%, and Ayr Wellness (OTC:AYRWF) showing a 29% increase.
在周三的消息传出后的第二天，MSOS ETF（纽约证券交易所代码：MSOS）飙升了21％。知名公司也取得了显著的涨幅，州议会大厦控股公司（场外交易代码：STHZF）飙升了74％，哥伦比亚医疗（场外交易代码：CCHWF）上涨了38％，巨石（场外交易代码：JUSH）上涨了32％，Ayr Wellness（场外交易代码：AYRWF）上涨了29％。
This proposal holds crucial implications for taxation and cannabis businesses, particularly regarding Section 280E.
该提案对税收和大麻企业，特别是第280E条具有至关重要的影响。
According to analysis firm Zuanic & Associates (Z&A) the removal of 280E, irrespective of federal legalization, stands to significantly bolster company cash flows.
根据分析公司Zuanic & Associates（Z&A）的说法，无论联邦合法化如何，取消280E都将大大增加公司的现金流。
Cannabis Companies Primed For Cash Flow Surge
大麻公司为现金流激增做好了准备
Pablo Zuanic, chief analyst at Z&A noted that current calculations show companies with positive operating cash flow and profit before tax could reduce their income tax rates to 70% of PBT, as opposed to the standard 21% rate sans 280E.
Z&A首席分析师巴勃罗·祖安尼克指出，目前的计算显示，运营现金流和税前利润为正的公司可以将其所得税税率降至PBT的70％，而没有280E的标准税率为21％。
Especially benefiting would be companies with stretched balance sheets, marked by high debt and below-average cash flow and profitability metrics.
特别受益的是资产负债表紧张的公司，其特点是债务高昂，现金流和盈利指标低于平均水平。
According to Z&A cannabis companies could see substantial changes. These cannabis companies include:
根据Z&A的说法，大麻公司可能会看到重大变化。这些大麻公司包括：
- StateHouse Holdings Inc. (OTC:STHZF) potential cash flow benefit, without 280E, could surpass $59 million, a substantial 2200% increase based on CY22 numbers.
- Ayr Wellness (OTC:AYRWF) could see its cash flow augmented by $84 million, a 504% surge in line with CY22 data.
- Jushi Holdings (OTC:JUSHF) might experience a cash flow boost of $61 million, equating to a 317% increase as per CY22 figures.
- StateHouse Holdings Inc.（场外交易代码：STHZF）的潜在现金流收益如果不包括280E，可能超过5900万美元，根据22财年的数据，大幅增长2200％。
- Ayr Wellness（场外交易代码：AYRWF）的现金流可能增加8400万美元，与CY22的数据一致，增长504％。
- 巨石控股（场外交易代码：JUSHF）的现金流可能会增加6,100万美元，根据22财年的数据，相当于增长317％。
This shift could reshape the financial landscape for cannabis companies, paving the way for improved cash flow and stability.
这种转变可能会重塑大麻公司的财务格局，为改善现金流和稳定铺平道路。
However, these gains should be examined alongside nuanced factors such as debt and operational dynamics, which will play a pivotal role in determining the true impact on each business.
但是，应将这些收益与债务和运营动态等细微差别因素一起考虑，这些因素将在确定对每项业务的真正影响方面发挥关键作用。
To know more about the future of cannabis regulation and how to invest wisely, join us at the Benzinga Cannabis Capital Conference, the place where deals get done, which is returning to Chicago this September 27-28 for its 17th edition. Get your tickets today before prices increase and secure a spot at the epicenter of cannabis investment and branding.
要进一步了解大麻监管的未来以及如何进行明智的投资，请加入我们的Benzinga大麻资本会议，这是达成交易的地方，该会议将于9月27日至28日在芝加哥重返第17届。在价格上涨之前立即购买门票，并在大麻投资和品牌的中心占有一席之地。
Photo by Vladimir Solomianyi on Unsplash.
弗拉基米尔·索洛米亚尼在 Unsplash 上拍摄。