Category: 280E

Taxes & Licenses on Marijuana in Colorado

In addition to the income tax burden on marijuana businesses operating in Colorado, there are additional sales taxes and excises taxes imposed on marijuana retailers and cultivators. Furthermore, a business should carefully obtain the proper licensing with the state in order to ensure sales tax licenses obtained in the correct manner. This article will provide […]

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Cannabis Cost Accounting

Companies that grow, produce, sell, and distribute marijuana are just like many other manufacturing organizations, from an operational and financial perspective. Dispensaries and growing facilities have revenues, cost of goods sold (direct and indirect costs), and selling general and administrative expenses (SG&A). However, there are drastic differences that govern the taxation of a traditional manufacturing […]

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