Cannabis Business Taxes: Section 280E, the Cost of Goods Sold That Survives It, and the Ancillary Company That Escapes It
October 4, 2026
Cannabis taxation under Section 280E: why a plant-touching business still under it cannot deduct ordinary expenses, the April 2026 move of state-licensed medical marijuana to Schedule III, what cost of goods sold still includes for growers versus retailers, why the small business inventory simplification does not help, the effective tax rate problem, cash and Form 8300, payroll, state conformity, and how ancillary businesses that do not touch the plant deduct everything.
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