Podknife - Pbiz001_280E Cash Cow for IRS & Misery for Business by Periodic Effects: Cannabis Science Podcast

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Pbiz001_280E Cash Cow for IRS & Misery for Business

Podcast |: Periodic Effects: Cannabis Science Podcast
Publisher |: Wayne Schwind
Media Type |: audio
Podknife tags |: Business,; Interview,; Management & Marketing,; Marijuana,; Science & Medicine
Categories Via RSS |: Education,; Health & Fitness,; Medicine
Publication Date |: Mar 13, 2020
Episode Duration |: 00:27:51

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

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