One Minute Matters [Video]: Why Eliminating Section 280E Won’t Solve All of the Cannabis Industry’s Tax Problems (with John Fraser and Scott Kocienski)

When the DEA proposed a reclassification of marijuana from a Schedule I substance to a Schedule III substance, most of the headlines focused on the tax breaks businesses would recieve with the potential elimination of Internal Revenue Code Section 280E. However, there is another, lesser-known tax consequence the industry still faces.