Cannabis NewsHub

🌿 Michael Johnson on the Impact of Eliminating 280E:  he highlights how removing tax provision 280E could revolutionize the cannabis industry by allowing standard business deductions. This change would free up capital, helping businesses reinvest in technology, personnel, and expansion. Johnson advises companies to update business plans to maximize this new financial flexibility.#CannabisNewsHub #CannabisIndustry #MichaelJohnson #Metrc #280E #BusinessGrowth

🌿 Paula Savchenko on Leveraging Financial Changes in Cannabis: She advises cannabis operators to maximize new financial opportunities by leveraging R&D tax credits, the Work Opportunity Tax Credit, and taking advantage of simplified cash-basis reporting and accelerated depreciation under Section 179.  #CannabisNewsHub #CannabisIndustry #PaulaSavchenko #CannacoreGroup #TaxCredits #BusinessGrowth

🌿 Jarrett Annenberg on the Impact of Eliminating 280E: he discusses how removing 280E can significantly improve financial flexibility for cannabis operators, allowing them to expand and upgrade more efficiently. This change would not only benefit operators by increasing cash flow and valuations but also reduce risk for NewLake's shareholders by enhancing the credit profile of their tenants. #CannabisNewsHub #CannabisIndustry #JarrettAnnenberg #NewLakeCapitalPartners #280E #BusinessGrowth

🌿 Tyler Beuerlein on Financial Opportunities After 280E: he highlights how the end of 280E will boost cash flow and financial stability for cannabis businesses. With over a decade in the industry, he recommends banking with institutions that offer interest-bearing accounts to maximize returns. For Safe Harbor Financial, this change presents an opportunity to enhance client support, encouraging further industry investment and growth. #CannabisNewsHub #CannabisIndustry #TylerBeuerlein #SafeHarborFinancial #280E #FinancialGrowth

 🌿 Kyle Neathery on Navigating Financial Changes in Cannabis: he urges businesses to treat the removal of Section 280E as a bonus, not a reason to inflate costs. He emphasizes the importance of maintaining cost-efficiency and production improvements to sustain growth. #CannabisNewsHub #CannabisIndustry #KyleNeathery #SamsonExtracts #280E #FinancialManagementain

📊 Andrew Hunzicker, CPA Founder of DOPECFO on Financial Readiness in Cannabis: He emphasizes the need for cannabis businesses to prepare for new capital infusions and potential audits. He advises filing protective refund claims and ensuring that accounting policies, internal controls, and data rooms are up-to-date. #CannabisNewsHub #CannabisFinance #AndrewHunzicker #DopeCFO #CannabisIndustrymanent

🌿 Milan Patel on the Impact of Removing 280E: he discusses the positive outcomes of removing Section 280E for cannabis businesses, allowing businesses to deduct operational costs, free up capital for reinvestment in compliance, safety, and quality control. Patel emphasizes the importance of this financial flexibility in enhancing workplace safety and environmental monitoring, ultimately ensuring safer consumer products. #CannabisNewsHub #280E #CannabisIndustry #MilanPatel #PathogenDx #CannabisReform

🌿 Adam Goers on Cannabis Rescheduling Benefits: Adam highlights the potential removal of Section 280E as a game changer. He emphasizes that this change would allow cannabis businesses to deduct expenses, boosting profitability. Goers urges leaders to prepare for reinvesting these anticipated savings. #CannabisNewsHub #CannabisReclassification #280E #CannabisIndustry #AdamGoers #TheCannabistCompany

🌿 Marc Rodriguez on Reclassification Strategy: Marc, Co-Founder & CEO of Green Leaf Business Solutions, outlines key strategies for cannabis businesses in anticipation of potential reclassification to Schedule III. He encourages financial planning, compliance, reinvestment in operations, forming strategic partnerships, and continuous education on regulatory changes. #CannabisNewsHub #INSIGHTSMatter #CannabisReclassification #ScheduleIII #280E #CannabisIndustry #MarcRodriguez #GreenLeafBusinessSolutions

🌿 Paul Dunford, ACBP, CAMS on DEA Recommendations and Tax Implications: With 4 years in cannabis, Paul discusses DEA recommendations potential impact on scheduling and tax obligations. He advises businesses to use specialized cannabis accountants to navigate industry-specific tax regulations effectively, especially concerning 280E and synthetic THC under Schedule III. Green Check #CannabisNewsHub #INSIGHTSMatter #DEARecommendations #CannabisScheduling #280E #CannabisIndustry #PaulDunford #GreenCheck