Ello Insights Blog

Seeking Capital in Canada

By | September 27, 2018 at 2:52 pm

2018 has been a landmark year for the cannabis industry in many ways. Not only did California’s legal market open on 1/1/2018, but Canada is soon to become the largest country to legalize cannabis to-date. Canadian cannabis companies have been...

TAX ALERT: Feds Move to Block SALT Limit Workarounds

By | August 31, 2018 at 9:29 am
income tax, SALT, tax reform, guidance, consultation, compliance

One of the most significant, and controversial changes affecting individual tax returns in the Tax Cuts and Jobs Act, H.R. 1 (“the Act”) is the provision limiting the deductibility of state and local taxes (“SALT”), which are now capped at...

Cannabis Capital Markets: August in Review

By | August 31, 2018 at 9:28 am
capital markets, cannabis, stocks, investment, capital raise, debt, equity, guidance, consulting

Momentum in the cannabis industry is building at an unprecedented rate. The industry is on pace to raise over US$8 billion by the end of the year, up from US$3.5 billion in 2017. As we move toward the October 17th...

Cannabis Valuations 101

By | August 31, 2018 at 9:24 am
cannabis, valuation, stock, investment, business, growth, due diligence, debt, equity, guidance, consulting, capital markets

The cannabis industry is growing rapidly and more and more cannabis companies are raising capital, engaging in new partnerships, and executing M&A transactions. One of the biggest challenges facing these companies is: what is my company worth? Valuing early-stage, high-growth...

A View of Cannabis Investment Opportunities in Canada

By | August 24, 2018 at 10:18 am
cannabis, stock, investment, guidance, capital markets, CSE, TSX, Nasdaq, exchange, consulting, capital markets

Originally posted on Equities.com In my first article, I covered a fairly broad overview of the cannabis market and various types of opportunities for those considering investing in this emerging industry. In this article, we’ll dig a bit deeper into the...

California Cannabis Tax Revenues Rise 22% in Q2 2018

By | August 17, 2018 at 10:39 am
cannabis, tax, revenue, compliance, california, guidance, consulting, CDTFA,

Late Wednesday evening, the California Department of Tax and Fee Administration (CDTFA) released California’s revenue numbers for cannabis sales in the 2nd quarter of 2018. Tax revenue totaled over $74,200,000 from April 1, 2018, through June 30, 2018. The breakdown...