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FOCUS FEATURES

Cannabis

Adult-use cannabis was signed into law on May 30, 2023, by Gov. Tim Walz, with a legalization date of Aug. 1, 2023. Stay on top of the changing landscape in Minnesota.

 
Cultivating success

Cultivating success: Addressing Minnesota's cannabis market complexities and opportunities
Feb. 1, 2024 | Cory Parnell, CPA
As Minnesota’s cannabis market continues to grow and evolve, achieving a deep understanding of the complexities and opportunities within this sector is crucial.

 

Cannabis tax law

Decoding Section 280E: Impact on the legal landscape of cannabis businesses
Oct. 1, 2023 | Calvin P. Shannon CPA, CVA
As the cannabis industry flourishes, a complex set of regulations and tax codes has emerged, shaping the financial landscape for businesses operating in this dynamic sector. Among these regulations is Section 280E of the Internal Revenue Code, which plays a pivotal role in the world of cannabis operators by significantly affecting their ability to claim business expense deductions.

 

An excise exploration: Unpacking Minnesota's cannabis taxation
May 26, 2023 | Ari Hoffnung
Minnesota is poised to become the 23rd state to legalize cannabis use for those 21 and older. The bill legalizing cannabis use spans more than 300 pages and encapsulates a wealth of information.

 

Legalized use of cannabis in Minnesota: What employers need to know
May 19, 2023 | Larry Morgan, MAIR, SPHR, SHRM-SCP, GPHR
The increasing social acceptance and legalization of cannabis across multiple states the past decade has brought with it the need for employers to adjust to fit a new normal.

 

5 myths about cannabis and the accounting industry
May 15, 2023 | Andrew Hunzicker, CPA
Cannabis is expected to be a $100 billion market in the next few years, with hundreds of thousands of new companies needing accounting and tax help.

 

Interested in sponsoring a Focus Features series?
Contact Leslie Mueller, strategic partnership specialist, at lmueller@mncpa.org or 952-885-5520.