There are many different types of taxes in the cannabis industry. Cannabis distributors play a big role in the collection and remittance of cannabis sales taxes, excise taxes, cultivation taxes, and distributor taxes. These responsibilities are on top of the licensing fees and...
In the past, we’ve discussed the pros and cons of franchising as a strategy for expanding your cannabis business. Today, we’ll present another option: embarking on a cannabis joint venture. Not that joint! ;)
Filed Under: Finance
As a cannabis business owner, you know that you have a lot on your plate.
As cannabis operators know, the federal 280E regulation places a huge tax burden on legal adult-use cannabis businesses. Under the 280E, any business connected with a Schedule 1 drug (as regulated under the Controlled Substance Act) cannot claim normal business tax deductions.
What are the Rules on Advertising Cannabis?
While we're not lawyers and cannot give legal advice, we've seen a few best practices that we want to share with you. As cannabis is still considered a Schedule I substance, advertising is strictly prohibited on a federal level, while also being...
Filed Under: Business