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Cannabis

Accounting, tax, and compliance guidance for state-licensed cannabis and dispensary businesses

SAFE Banking възроден юни 2026: Какво означава новият законопроект за бизнеса с канабис, търсещ банково обслужване
·mike

SAFE Banking възроден юни 2026: Какво означава новият законопроект за бизнеса с канабис, търсещ банково обслужване

24 юни 2026 г. SAFE Banking внесен отново (38 страници) — безопасно убежище за банки, обслужващи щатски легален канабис, плюс заеми, дебитни карти и достъп до ипотеки.

cannabis
banking
compliance
The SAFE Banking Act Is Back in 2026: What Cannabis Operators Should Do While Congress Stalls
·mike

The SAFE Banking Act Is Back in 2026: What Cannabis Operators Should Do While Congress Stalls

The SAFE Banking Act was reintroduced in June 2026 with bipartisan Senate and House sponsors, after passing the House seven times since 2019 and dying in the Senate each time. Roughly 70% of U.S. cannabis businesses still operate in cash, paying $2,000–$7,500 in monthly banking fees when they can find a bank at all. Here's what the bill would change, why it keeps failing, and how operators can protect themselves now with cannabis-friendly banks, reduced cash exposure, and audit-ready books under Section 280E.

cannabis
banking
business-banking
Colorado's Psilocybin Healing Centers Just Watched Cannabis Get a Tax Break They Didn't
·mike

Colorado's Psilocybin Healing Centers Just Watched Cannabis Get a Tax Break They Didn't

Cannabis got Section 280E relief when medical marijuana moved to Schedule III in April 2026, but Colorado's 34 licensed psilocybin healing centers are still fully subject to it. Here is how 280E limits deductions to COGS, why facilitator session labor is the contested cost category, and how to structure a chart of accounts, deferred revenue, and cash controls for a Schedule I business.

tax-compliance
cost-of-goods-sold
bookkeeping
Cannabis Schedule III Rescheduling: What 280E Tax Relief Actually Means for Your Dispensary
·mike

Cannabis Schedule III Rescheduling: What 280E Tax Relief Actually Means for Your Dispensary

On April 22, 2026 the DOJ moved certain state-licensed medical marijuana products from Schedule I to Schedule III, ending Section 280E's ban on ordinary business deductions for qualifying operators — while recreational-only dispensaries remain fully subject to 280E's COGS-only tax treatment.

cannabis
tax
tax-deductions