Texas applicants for medical cannabis licenses under HB 46 must demonstrate strong financial viability, detailed accounting systems, clear ownership, and a strategic roadmap. Explore what it takes to win one of the nine new vertically-integrated licenses.

Cannabis accounting experts Abraham Finberg and Simon Menkes say that owners of cannabis companies in Minnesota can hedge against tax-related concerns by using sound business practices.

In a major shift, Minnesota no longer conforms to IRC 280e for state income tax purposes. While this is a welcome relief, it doesn’t eliminate the broader tax burden.

As cannabis operators consider entry or expansion in Minnesota's cannabis market, understanding how state tax policy impacts your bottom line is critical. Let’s see how it stacks up against another major legal market: California.

Accounting Methods in an Emerging Cannabis Loophole: Part 1 explores the unique challenges cannabis businesses face when navigating accounting practices.

Discover why accurate financials are essential for cannabis businesses. Learn how mismanaged books, missed filings, and poor accounting decisions can lead to costly consequences — and how 420 CPA Legacy helps founders build clarity, credibility, and sustainable growth.

Accounting Methods in an Emerging Cannabis Loophole: Part 2 explores the unique challenges cannabis businesses face when navigating accounting practices.

Understanding FinCEN's Corporate Transparency Act (CTA). Essential compliance guidance and strategies for cannabis small businesses facing new reporting rules.

Accounting Methods in an Emerging Cannabis Loophole: Part 3 explores the unique challenges cannabis businesses face when navigating accounting practices.

Read our latest blog exploring how Chevron’s End Can Help Cannabis Firms Use Tax Code Favorably

Read our latest blog to learn more about how the Washington Medical Pot Excise Tax Reprieve Is Good For Patients.

Read our latest blog to discover how Cannabis Tax Stacking Harms Legal Sellers and Drives Up Prices.

Read about two landmark cannabis tax cases challenging Section 280e and the Controlled Substances Act — and what they mean for the industry’s fight for tax relief.

South Dakota Cannabis Tax: An analysis of the proposed tax structure and the ongoing legal and political battles to approve adult-use sales.

Essential guidance on 1099 compliance. Learn the deadlines and requirements for the 1099-NEC (Nonemployee Compensation) to avoid penalties this tax season.

Read our latest blog exploring how Ohio’s Adult-Use Cannabis Bill Still Needs to Work Out Kinks.

Concerned about cannabis tax compliance and evolving regulations? Get expert analysis, news, and tips from the financial professionals at 420 CPA Legacy.

Navigating Taxes in the Cannabis Industry: Your practical guide for 2023. Essential strategies for compliance and maximizing profitability this year.

Expert guidance on the taxing dilemma in the cannabis industry. Learn essential strategies to unravel complex regulations and minimize your tax burden.

Texas Cannabis: A look ahead at the timeline, legislation, and financial landscape of legalization and market development in the Lone Star State.