I am back! Thanks for noticing. If the owner of the LLC is foreign and the income of the company is not US sourced, profits are free for LLC single member. Fulton CPA.
Corresponding account will be difficult to get as banks offering them are not inclined to take cannabis accounts. There is a bank in Dominica that will take cannabis accounts.
We have a client with that company structure and we got him a bank account opened remotely with a bank in Miami but the initial deposit was $100K and average balances $500K and a lot of explanation for the bank. It is doable but costly.
Ban is lifted. I am back. Thank you. You can try filing 2020, but that might trigger an IRS letter asking for previous years and file for the years they will ask.