When starting up a cannabis business, you must consider the cost involved. These steps will help business start-ups navigate and calculate initial costs.
Due to the nature of the cannabis industry and its non-legal status on the federal level, marginal tax rates are higher. It is imperative to understand IRC Section 280E and its impact on cannabis-related business.
Every successful business begins with a good business plan. The same holds true for a Cannabusiness Plan. Here are pointers to help develop your New York State cannabis business plan.
Join Nicholas A. Agrippino, CPA, CCIFP, MBA from Bowers & Company and Jason D. Minard, Esq. from Hempire State Growers for a webinar put on by the National Association of Cannabis Accounting & Tax Professionals.
Learn the rules and regulations at the city, state and federal level, so you are prepared to launch your cannabis business in New York State.
Bowers & Company CPAs has formed a Cannabis and Hemp Niche to help new and existing businesses understand the complicated and growing Cannabis industry. “The… Read More »Bowers Officially Establishes Cannabis and Hemp Niche