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  1. Ron Strider

    Cannabis Companies Crossing Fingers For 280E In Tax Vote

    When a U.S. Congressman recently told me that getting rid of Section 280E of the Internal Revenue Code "would amount to a tax cut for pot growers," I was caught off guard by his twisted interpretation of this tax policy. It was a huge reminder of how much more work organizations like the New...
  2. Ron Strider

    Why Marijuana Companies Struggle To Make A Profit

    With 29 states (plus the District of Columbia) that have legalized marijuana in some form, the U.S. is seeing an explosion of pot-related companies. In 2016, there were between 21,000 and 33,000 cannabis businesses in the U.S. Yet many of these businesses have a hard time just making ends meet...
  3. K

    CA: How Cannabis Businesses Can Deal With Drug Trafficking Tax Code 280E

    California is likely to see a boon to its weed economy in the coming years, with the industry expected to topple $6 billion by 2020. But for many looking to cash in on green, tax code 280E is a major buzzkill. The tax code 280E specifically targets illegal drug traffickers. Regardless of...
  4. K

    How Marijuana Companies Are Fighting The IRS

    At first pass, the sexiest aspect of the marijuana industry is probably three-foot tall plants that grow psychoactive flowers. But it gets hotter (not): wonky tax code experts who are fighting the federal government over an obscure tax code that is crippling small businesses across the legal...