Cannabis taxes are a challenge across the industry. Everyone knows that 280(e) presents some big challenges for anyone operating in the cannabis space. But sales taxes are a huge expense for cannabis operators and need to be paid attention to closely for compliance....
On November 3, 2020, Prop 207 passed in Arizona with overwhelming support. Prop 207 legalizes the sale of recreational cannabis statewide as of April 2021. This means that cannabis consumers will no longer need to acquire a medical marijuana card, as previously...
Cannabis businesses had some big wins this year despite the environment created by the pandemic. But taxes are not getting any easier just yet. Like everything else in 2020, tax planning at the end of this year will include some challenges and unknowns. The political...
Maybe you have outgrown your current accounting system or spend too much time on workarounds due to inherent limitations. Whatever the cause, there are endless reasons to change accounting software. In particular, when it comes to cannabis, the tough regulatory...
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