In 1981, the IRS denied $30,341.69 in costs of goods sold (COGS) and business expenses reported by Minnesota drug seller Jeffrey Edmondson and determined a…
Tag:
Taxes
It’s the time of year when the birds begin to return, trees start to bud, flowers push fresh, green shoots through the thawing ground and…
Predictably, attempts to tracking and tracing software have instead created a chimera of regulation, big data and state-sanctioned monopolies.
When the California Bureau of Cannabis Control mandated that all marijuana products must go through a distributor before reaching retail shelves, many long-standing businesses balked…
Harborside, one of the most well-known and iconic cannabis dispensaries in the country, recently found itself on the wrong side of two U.S. Tax Court…
With tax deadlines rapidly approaching, I have received a flurry of questions from legal cannabis companies. Confusion around the tax code arises for many reasons,…
With tax deadlines rapidly approaching, I have received a flurry of questions from legal cannabis companies. Confusion around the tax code arises for many reasons,…
With the beginning of California cannabis licensing under the Medicinal and Adult-Use Cannabis Regulation and Safety Act (MAUCRSA), there has been a lot of confusion…
Lately, I have had the pleasure of working with several innovative and rapidly growing companies that are poised to have a significant impact on the…
Companies are known for exploring multiple product ideas and business opportunities before finding their sweet spot. Most fast-growth companies are tasked with balancing a constrained…