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Inside The Cannabis Market!
Medical marijuana first became legalized in 1996 in California due to the approval of Proposition 215. 23 years later, 33 states along with the District of Columbia have either legalized medical marijuana or recreational marijuana.
With more states moving to de-criminalizing marijuana, the role of cannabis accountants and tax preparers has grown. Owning a cannabis business can be profitable and be a great way to become a small business owner. While your business will have similarities to owning a restaurant, a clothing store, or even a vape store, it will create bigger obstacles for you than if you chose to go into a different industry.
The Infographic Includes Information on:
- Why cannabis businesses are different
- What is Section 280E
- Differences in tax deductions
- What it means for your Cannabis Business
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