THE NACB WAS ESTABLISHED IN ORDER TO PROMOTE THE GENERAL WELFARE OF THE CANNABIS INDUSTRY AND ITS PARTICIPANTS BY FOSTERING PRACTICES INTENDED TO SUPPORT AND SUSTAIN THE GROWTH OF THE INDUSTRY IN A MANNER CONSISTENT WITH NACB'S TAX-EXEMPT PURPOSES. IN FURTHERANCE OF THIS PURPOSE, THE OBJECTIVES OF THE NACB ARE AS FOLLOWS:(A) TO ASSIST ITS MEMBERS IN SERVING THEIR EQUITY HOLDERS, CUSTOMERS, EMPLOYEES, AND COMMUNITY IN A RESPONSIBLE AND PROFITABLE MANNER;(B) TO IMPROVE THE COMPETITIVE ENVIRONMENT IN THE CANNABIS INDUSTRY BY FOSTERING THE SURVIVAL AND PROSPERITY OF CANNABIS-RELATED BUSINESSES IN THE UNITED STATES;(C) TO PROVIDE ITS MEMBERS WITH EDUCATIONAL PROGRAMS AND SERVICES AND MEMBERSHIP COMMUNICATIONS SPECIFIC TO THE CANNABIS INDUSTRY; AND(D) TO MAKE RELEVANT AND ACCURATE DATA AVAILABLE TO POLICYMAKERS AND LEGISLATORS IN ORDER TO ENABLE THEM TO MAKE INFORMED DECISIONS AND TO APPROPRIATELY DESIGN LAWS, REGULATIONS, RULES AND GUIDANCE RELATING TO THE CANNABIS INDUSTRY
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
| Position | Total |
|---|---|
Treasurer Officer (Unspecified) | $4k $4k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 1 unpaid individual.
Common questions about NATIONAL ASSOCIATION OF CANNABIS BUSINESSES INC
What are NATIONAL ASSOCIATION OF CANNABIS BUSINESSES INC's revenue and expenses?
In 2023, NATIONAL ASSOCIATION OF CANNABIS BUSINESSES INC reported $241k in total revenue and $240k in total expenses on its IRS Form 990.
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