Tilray Brands Inc (TLRY)

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It would also change how cannabis businesses are taxed, according to Kim Rivers, chief executive officer of Trulieve, a cannabis company with 186 US retail locations and 4 million square feet of cultivation and production facilities. She said that such a change would have saved the company $137 million last year, reducing its tax rate from 24% of gross profit to 4%.

It’s “a historic step forward,” Rivers said.