Site Loader

Cannabis may be “uniquely positioned to weather the storm” of COVID-19, tax and data experts declared during a webinar Wednesday for 500 cannabis businesspeople.

The businesspeople, primarily owner/operators, investors and ancillary service providers, also heard the experts label the cannabis industry “recession proof” during the event, which focused on cannabis-business planning and strategies during this era of coronavirus – the “giant elephant in the room,” as one host called it.

Certainly the cannabis industry faces ongoing challenges, from the added complexities of ra cash-based business to the denial of deductions under tax code Section 280E. And the coronavirus crisis seems to be one more.

– Read the entire article at Forbes.

https://www.cannabisculture.com/content/2020/03/26/is-cannabis-positioned-to-weather-the-storm-of-covid-19-yes-data-and-tax-experts-declared-at-a-webinar-this-week/

Associated Press

Leave a Reply