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Grassroots Marketing

Virtual CFO Chimes In On How Rescheduling Cannabis Could Provide 280E Tax Relief

September 23, 202322 min

Virtual CFO Chimes In On How Rescheduling Cannabis Could Provide 280E Tax Relief

Grassroots Marketing

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The Department of Health and Human Services (HHS) recently recommended that marijuana be reclassified from a Schedule I substance to a Schedule III substance. If implemented, this schedule change could have a big tax impact on cannabis businesses. Grassroots Marketing speaks with Guillermo Rodriguez, Virtual CFO with Summit Virtual CFO by Anders ..Using his accounting and financial background, Guillermo advocates for the cannabis industry as a Virtual CFO, helping guide cannabis operators down the path of profitability through dynamic forecasting, understanding KPIs, and profit-focused accounting.

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