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by FireBeyond
722 days ago
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Not for the same motivations, but a lot of legal cannabis businesses do (or did) something nearly similar to get around not being able to use the banking system: Buy the building or even lease it with a sublet clause using a separate entity, and then lease/sublease the space to the cannabis business with the lease fee being, for example, "90% of gross revenue". I'm not sure on the details of how operating funds were pushed back in. |
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