cannabis tax 280E

IRC § 280E is a Target for Cannabis Legal Reform in 2023

Will we see tax reform in 2023 for cannabis sellers? Specifically, will Congress finally get something done about the pain inflicted on industry by the Internal Revenue Code at 26 USC § 280E? (“IRC 28oE”.) It feels like a long shot, but you never know. After many attempts to get the SAFE Banking Act through


Steuergericht von Oregon entscheidet über COGS des Marihuana-Anbaus

For several years one of the biggest problems the cannabis industry has faced is I.R.C. Section 280E. It suffocates the regulated marijuana industry. A recent decision by the Oregon Tax Court addresses Section 280E and what may properly fall under Cost of Goods Sold (“COGS”) in the context of a marijuana grow operation. (See here, here, here, here and here

deschedule cannabis

Cannabis abschaffen, nicht neu reglementieren: Teil 2

Last week, I wrote a piece entitled “Deschedule Cannabis, Don’t Reschedule It.” The post came on the heels of President Joe Biden’s announcement that the federal government is considering the federal scheduling of cannabis. As I noted, rescheduling cannabis to schedule II or below is a bad idea, because it would subject cannabis to DEA


Kalifornien Cannabis Steuer Zahlungspläne

Recently, numerous clients have come to us about issues with cannabis payment plans and the California Department of Tax and Fee Administration (“CDTFA“). Recall, there was a time in California (not that long ago) where certain cannabis companies threatened to just not pay their taxes because they believed the tax rate was too high. In

l.a. county cannabis-steuer

Die Maßnahme zur Besteuerung von Cannabis im Bezirk L.A. ist da

Kommerzielles Cannabis im Bezirk L.A. kommt endlich 2023. Wir haben hier über die neuesten Nachrichten über die Vorschriften für kommerziellen Cannabis im Bezirk L.A. berichtet. Dies ist eine große Sache, denn L.A. County ist mit über 9 Millionen Einwohnern der größte Bezirk der USA. L.A. County plant, die folgenden Unternehmen in seinen Grenzen im Jahr 2023 zuzulassen:

california cannabis tax

California Cannabis Tax Relief: CDFTA and Assembly Bill 195

California cannabis tax relief is a big deal. And a real thing. What’s important now is how the California Department of Tax and Fee Administration (“CDTFA”) interprets Assembly Bill 195. As I previously blogged, California is finally on board with a modicum of cannabis tax relief for cannabis licensees (mainly for the benefit of cultivators).


Update: California Cannabis Tax Holiday

When it comes to cannabis ballot measures, a common promise is made to voters that the increased tax revenue from cannabis sales will go back into the community. Cannabis taxes are therefore unavoidable. So is the debate over how high those taxes should be. In turn, all states have their fair share of cannabis tax


Die Wahl der richtigen Rechtsform für ein Cannabisunternehmen: Geschäftsarten

Eine der wichtigsten Entscheidungen, die ein neues Cannabisunternehmen treffen kann, ist die Wahl der Rechtsform. Tatsächlich ist eine der ersten Fragen, die Unternehmen stellen, ob die richtige Rechtsform für ein Cannabisunternehmen eine Gesellschaft mit beschränkter Haftung (LLC), eine Aktiengesellschaft oder etwas anderes ist. Wie bei jeder anderen rechtlichen Analyse auch, ist die

cannabis business

How Cannabis Businesses Succeed

We work with many large cannabis businesses and many small ones too. It’s fun to talk up the bigger fish, but I have a soft spot for the little guys. I really enjoy small business at the end of the day. I like seeing financial statements of disciplined, privately held companies doing maybe $5m to

cannabis partnerships

Cannabis Partnerships

Many cannabis handshake deals result in the parties forming an inadvertent cannabis partnership. The words “partnership” and “joint venture” are often thrown around casually. Many early stage cannabis entrepreneurs know they want to do some type of business venture, often with a business partner, but they often do not know why or how to avoid