cannabis business
New York City Cannabis Firms Poised to Get Full Tax Deductions
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 State of Cannabis in America TODAY!
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 […]
DIR Warns Licensed and Unlicensed Cannabis Companies
California’s Department of Industrial Relations (DIR) recently reminded California’s cannabis companies that labor protections apply to all cannabis workers, even those employed by illegal unlicensed businesses. This includes minimum wage, overtime, and maintaining a worker’s comp policy. Failure to comply can result in civil and/or criminal prosecution. The DIR is relying on mistreated workers to […]
LED LIGHTING HELPS BRIGHTEN CULTIVATORS’ FINANCIAL STATEMENTS
Taking advantage of energy savings and tax deductions can boost a grower’s bottom line.
Minnesota Legalizes Adult Use Cannabis: Part 2
Part 1 covered the news and the basics of the legislation. Part 2 dives into what you need to know before starting a business in the state.
Minnesota Legalizes Adult Use Cannabis: Part 1
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 CPA and 420CPA to Attend International Cannabis Conference!
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 […]
The Growing Green Wave: Cannabis Industry Emerges in Europe, Paving the Way for New Players
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
Desperate California Cannabis Vendors Seek Credit Protection
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 […]