Pbiz001_280E Cash Cow for IRS & Misery for Business

Episode for cannabis business owners and entrepreneurs. Like other highly regulated industries, cannabis is a difficult industry to operate in - but add the 280E tax code on top of that, and being triumphant can be a steep uphill battle! We discuss the financial obstacles companies face and estimate rules of thumb for Gross Margin and Net Profit to be successful.
 Link to Periodic effects Contact Page Article Discussed [1] "Advice on 280E for marijuana executives: Settle in lieu of fighting with the IRS" from Marijuana Business Daily