Our New York City office is now open! Located in Midtown- 1740 Broadway 15th Floor, New York, NY 10019
Connecticut Governor Ned Lamont signed budget legislation on June 12, 2023 that allows cannabis companies state tax deductions prohibited under federal Internal Revenue Code 280E. Until now, the “Constitution State” has followed federal law, which classifies cannabis as a Class 1 controlled substance under the Controlled Substance Act and disallows all deductions except for cost of […]
Discuss the Future of Our Industry! Thursday, August 10, 1:00pm PST / 4:00pm EST
Reprinted with the permission of Bloomberg Tax In a move long awaited by Empire State cannabis, the New York Senate approved legislation that would allow New York City cannabis business owners the full array of tax deductions already enjoyed by those businesses not considered by the federal government to be “trafficking in controlled substances.” The bill, which […]
The National Cannabis Chamber of Commerce has just issued its whitepaper, State of Cannabis – 15 Key US Markets, 2023 Annual Report. Written by accounting, legal, and consulting experts considered authorities in the today’s cannabis marketplace, the 180+ page document explores the cannabis industry in 15 key states. The work examines business opportunities and challenges […]
The state legalized adult use cannabis on May 30. What’s in store for its cannabis-loving citizens and those Minnesotans who want to open a cannabis business?
Rachel Wright and Tara O’Connor will be traveling to Berlin to represent 420CPA at the largest cannabis conference in Europe. Rachel and Tara will be attending the International Cannabis Business Conference in Berlin on June 29th and 30th and would love to connect with friends and clients during their visit. ICBC is Europe’s largest and longest-running […]
As European countries increasingly seek to legalize cannabis, companies from across the globe are eyeing opportunities in the budding market. Reprinted by Permission of Highly Capitalized Network
Reprinted with the permission of Cannabis Industry Journal. The contentious bill, nicknamed “The Cannabis Credit Protection Act,” would require licensees to pay for goods sold no later than 15 days after the invoice is due. Supporters say it will help prevent a ballooning debt bubble in the industry and opponents say it is ripe for abuse. Cannabis […]
