Taxes

This City Plans To Stop Using Marijuana Tax Revenue To Fund Police
Taxes

This City Plans To Stop Using Marijuana Tax Revenue To Fund Police

Portland Mayor Ted Wheeler announced they will redirect $12 million from police budgets toward directly supporting communities of color.
Brendan Bures | 3 min read
Here's How Cannabis Companies Can Find Solutions To IRS Tax Code 280E

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.
aBIZinaBOX Inc. CPAs – Jordan S. Zoot, CPA | 13 min read
You Need Proper Accounting For Your Cannabis Business. Here's Why.

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 | 5 min read
Marijuana Businesses Pay Taxes, But Can't Get Federal Disaster Relief

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.
dispensaries.com | 4 min read
Three Ways Cannabis Businesses Can Save Money This Tax Season

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 | 5 min read

More From This Topic

How to Avoid Becoming Another California Cannabis Casualty
Running a Business

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.
Jared Helfant, DDS | 4 min read
Colorado Has Collected More Than $1 Billion in Marijuana Tax Revenue
Taxes

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

The cannabis windfall has become an annual event in Colorado.
dispensaries.com | 3 min read
Recreational Weed States of America
Taxes

Recreational Weed States of America

These states with legal recreational weed made millions from cannabis taxes in 2018.
Scott McGovern | 6 min read
Are There Any Downsides to Marijuana Legalization? Not so Far.
Legal Marijuana

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 | 4 min read
How Risk Management Can Make Marijuana Businesses Bulletproof (or at Least Bullet Resistant)
risk management

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 | 8 min read
This Week in Weed: Not in New Jersey!
week in weed

This Week in Weed: Not in New Jersey!

New Jersey says no, Canada's New Tax, and a huge Pharmacy sells CBD.
Conrad Martin | 2 min read
3 Compliance Considerations for Multi-State Cannabis Businesses
Regulations

3 Compliance Considerations for Multi-State Cannabis Businesses

Navigating regulations in more than one state is like navigating a three-dimensional labyrinth.
Carly Bodmer | 4 min read
Federal Cannabis Prohibition Got a Lot Weaker in 2018
Legal Marijuana

Federal Cannabis Prohibition Got a Lot Weaker in 2018

Prohibition has inertia but no momentum.
Peter Page | 8 min read
New York Gov. Andrew Cuomo Declares Full Legalization Is a Priority for 2019
Legal Marijuana

New York Gov. Andrew Cuomo Declares Full Legalization Is a Priority for 2019

Cuomo, long a marijuana opponent, said the facts about marijuana "have changed."
Peter Page | 4 min read
What Will Happen if the U.S. Legalizes Pot Like Canada? A Mind-Boggling Economic Boon, That's What.
Legal Marijuana

What Will Happen if the U.S. Legalizes Pot Like Canada? A Mind-Boggling Economic Boon, That's What.

The U.S. population is nearly ten times larger than Canada. The economic benefits of legalization here would be at least that much greater.
Scott Mandell | 5 min read