Growth Strategy for the Green Ocean
Setting a new path for market entry into the cannabis industry Cannabis operators who want to shape the future of legal consumption in the United [...]
Up in Smoke: Alpenglow Botanicals, LLC V. United States
Challenging IRS authority to deny “ordinary and necessary” business expense deductions By Tosin Hassan, CPA, CohnReznick In the words of Lauryn [...]
Beware! Are you in compliance with your cash payments?
By Mary Amato, CPA, Partner, CohnReznick It is no secret that the Internal Revenue Service (IRS) is aggressively auditing cannabis businesses. [...]
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 [...]
Discussing Proven Methods and Occasional Madness in Forecasting State Tax Revenues
By Beau Whitney, Senior Economist & J.J. McCoy, Senior Managing Editor for New Frontier Data What We Have Learned: Forecasting tax revenue [...]
Hedging One’s Bets Makes Sense and Can Save a Fortune in the Cannabis Tax Arena
By Ken Boiarsky, Hoban Law Group tax attorney What We Have Learned: While the rapidly changing environment and continuing development of law [...]
In Canada, Trudeau’s Per-Gram Tax Would Make Less Sense Than Legitimate Sales
By Beau Whitney, Senior Economist of New Frontier Data What We Have Learned: To eliminate the illicit market, Canada would be better off not [...]
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 [...]
