Cannabis Tax Update

There are many factors that set the cannabis industry apart from other business sectors – chief among them, the unique tax treatment that puts cannabis business owners at a distinct financial disadvantage to their counterparts in other industries.

John Pellitteri, Grassi’s Cannabis Practice Leader, was published this month in Tax Stringer for his perspectives on the industry’s latest challenges, IRS guidance and the best tax strategies for cannabis business owners.

Click here to read the full article, or click the button below to download a PDF copy.

John V. Pellitteri John V. Pellitteri is a Partner at Grassi and leads the firm's Healthcare and Cannabis Service Practices. Possessing over 30 years of experience in accounting, auditing, tax planning and business consulting, John is now applying his talent to the burgeoning cannabis industry. John possesses comprehensive accounting and taxation knowledge, which combined with his healthcare consulting experience, allows him to provide an all-inclusive assessment of... Read full bio

Robert M. Bernstein Robert Bernstein, Partner at Grassi, offers tax and consulting advice to professionals in industries such as Cannabis – medical and adult use; Industrial Hemp companies; CBD companies; Auto dealers, car washes, gas stations, quick lube stations, manufacturers, constructors, real estate owners and developers. Robert is now applying his talents to the ever expanding cannabis space - medical and adult use as well as Industrial... Read full bio