Category: Cannabis
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What Rescheduling to Schedule III Could Mean for Cannabis Businesses
Learn about the potential rescheduling of cannabis to Schedule III and what it could mean for IRS Section 280E, tax planning strategies, and profitability for cannabis operators.
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IRS Response to Cannabis Tax Court Case
The IRS has formally rejected cannabis §280E arguments in a March 6, 2026 Tax Court filing. Here’s what it means for refunds, amendments, and penalties.
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How cannabis businesses can use ESOPs to reduce 280E tax burdens
Learn how cannabis companies use employee stock ownership plans (ESOPs) to navigate IRC Section 280E, reduce federal tax liability, retain employees, and plan for succession.
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Valuing cannabis businesses with income, market, and cost approaches
BeachFleischman explores the evolving cannabis industry in the U.S. and why accurate valuation drives better decisions. Whether raising capital, planning for taxes, or preparing to sell, business owners rely on three primary methods: income, market, and cost to understand their company’s worth.
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IRS affirms marijuana’s Schedule I status and Section 280E application
The IRS has affirmed that marijuana remains classified as a Schedule I controlled substance. Here are the details.
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Is your company ready for year-end inventory counts?
For retailers, manufacturers, and many other businesses, a significant amount of working capital is tied up in inventory. A year-end physical count of raw materials, work-in-progress, and finished goods is essential.