America’s Marijuana Traders In Anti-Tax Revolt

Marijuana businesses continue to be seen and treated as second-rate entrepreneurs mainly because of the current system of federal taxation.

DISTRICT OF COLUMBIA:  In the US, marijuana businesses are on a war footing. Although 23 states have legalised cannabis for medical or recreational use, sellers continue to be seen and treated as second-rate entrepreneurs. The cultural prejudice of public opinion is partly to blame but it’s mainly because of the current system of federal taxation, which Read the full article…

The 280e Cannabis Conundrum

The legalized marijuana business is likely to hit $10 billion in 2015 alone.

By  Keith Richards  If you are in the Cannabis industry and are not already familiar with IRS Code section 280e, then you are likely going to face a rude awakening this tax season.  Even with all the noise about this issue, it is still surprising to find operators that are not paying attention to some basic Read the full article…