Questions and Answers with an Original Licensee Holder
A discussion of growing pains, regulations, and current product investments By Michael Harlow, CPA, Partner CohnReznick Partner Michael Harlow: [...]
How Cannabis Industry Participants Would Benefit if 280E is Rolled Back
By Michael Harlow, CPA, Partner 280E is the Internal Revenue Code section that has been the focus of every tax discussion related to the cannabis [...]
Planning for the Coming Consolidation in the Cannabis Industry
By Michael Harlow, CPA, Partner In today’s Cannabis marketplace, we continue to hear one overarching theme. The industry buzz on everyone’s lips [...]
Cannabis Businesses’ Bane of 280E
By Michael Harlow, CPA, Partner What We Have Learned: Ancillary, non-plant-touching businesses in the industry enjoy a variety of federal and [...]
What Proposed Tax Cuts Mean for Cannabis: Only a Bill?
By Selvan Boominathan, JD, LLM What We Learned: A December 2017 review of the proposed Republican tax cuts suggested how politicians would not [...]
Cost Segregation and Benefits for Real Estate Investors
What We Learned: Operators owning property types which have a tax basis of at least $1 million, and that are subject to depreciation, can qualify [...]
What are the Upsides for Cannabis Businesses Under the Final Tax Reforms?
By Selvan Boominathan, JD, LLM, of CohnReznick What We Have Learned: The QBI deduction (with lower rates across the board, and capital [...]
The Tax Cuts and Jobs Act: Key Considerations for Cannabis Businesses
By Mary Amato, CPA, Partner The Tax Cuts and Jobs Act (“the Act”), signed by President Trump on December 22, 2017, is the most sweeping update to [...]
March 11, 2018 /
CannaReturn
How Final Tax Reforms Impact Your Cannabis Business
By Selvan Boominathan, JD, LLM The Tax Cuts and Jobs Act (TCJA) has become the law of the land, and yet, still no relief for cannabis businesses [...]
Cost Segregation and Cannabis Business Owned Real Estate
By Derek Weaver, Senior Manager As discussed two weeks ago, 280E continues to be a major problem for plant-touching businesses. However, there [...]
