Do Cannabis Companies Really Have To Wait for Rescheduling To Escape The 280E Tax Penalty? (Op-Ed)

Wed, Apr 23

Justin Botillier of Calyx CPA argues in a new Marijuana Moment op-ed that cannabis companies may not need to wait for the rescheduling process to be completed in order to start avoiding the 280E tax penalty—due to the specific wording of the law. https://t.co/mwTHRjUgYk

10927

“If cannabis no longer meets the definition of a Schedule I or II substance, then 280E no longer applies, regardless of its formal classification.” By Justin Botillier, Calyx Many cannabis industry...

Discover