Taxes

Here's How Cannabis Companies Can Find Solutions To IRS Tax Code 280E

The legal cannabis industry in the U.S. has long contended it is unfairly burdened by IRC §280E's disallowance of deductions for ordinary and necessary business expenses.

You Need Proper Accounting For Your Cannabis Business. Here's Why.

Cannabis companies are experiencing audits regularly. Noncompliant businesses will face years of litigation, significant legal fees and back taxes.

Naomi Granger

Marijuana Businesses Pay Taxes, But Can't Get Federal Disaster Relief

As things stand, marijuana companies can't apply for federal loan funds. That's also blocking them from getting any federal COVID-19 disaster relief money.

Three Ways Cannabis Businesses Can Save Money This Tax Season

An auspicious tax season awaits marijuana professionals who prepare with these three actionable tips.

Melissa Diaz

How to Avoid Becoming Another California Cannabis Casualty

The cannabis industry is like paying for a wedding. When you put "cannabis" in the name, everything costs more.

Colorado Has Collected More Than $1 Billion in Marijuana Tax Revenue

The cannabis windfall has become an annual event in Colorado.

Recreational Weed States of America

These states with legal recreational weed made millions from cannabis taxes in 2018.

Scott McGovern

Are There Any Downsides to Marijuana Legalization? Not so Far.

Prohibitionists predict the same calamities every time legalization is proposed. None have come to pass anywhere.

Mike Adams

How Risk Management Can Make Marijuana Businesses Bulletproof (or at Least Bullet Resistant)

Many ordinary risk management tools are unavailable to cannabis entrepreneurs because of federal prohibition.

Steve Schain

This Week in Weed: Not in New Jersey!

New Jersey says no, Canada's New Tax, and a huge Pharmacy sells CBD.

Conrad Martin

3 Compliance Considerations for Multi-State Cannabis Businesses

Navigating regulations in more than one state is like navigating a three-dimensional labyrinth.

Carly Bodmer