MJ Biz: Cannabis MSO Jushi benefiting from little-used IRS tax-credit program

The IRS owes Jushi Holdings about $6 million in Employee Retention Credit (ERC) claims, but the cannabis multistate operator didn’t want to wait for it. Instead, Jushi sold its ERC claims to a third party for about $5.1 million in cash. The ERC is a refundable tax credit for eligible businesses and tax-exempt organizations whose employees […]