Join this comprehensive webinar presented by Naomi Granger, CPA, MBA, president of the National Association of Cannabis Accounting and Tax Professionals, and Bruce Andersen, CPA, MBA, MS (Tax).

May 29, 2024 @ 2:00 pmWebsite:

Navigating the Impact of Cannabis Rescheduling (or Descheduling) on Tax, Compliance, and Business Growth

This comprehensive webinar, “Navigating the New Era: Understanding the Impact of Cannabis Rescheduling,” is designed to equip accountants, tax professionals, and cannabis business owners with critical insights and actionable strategies in light of the DEA’s historic decision to reclassify marijuana as a Schedule III substance. This pivotal shift opens up a myriad of new opportunities and challenges that professionals in the cannabis industry must navigate effectively.

Sign Up for this no-fee webinar on NACATPROS.org

Course Description:

This interactive webinar will delve into the complexities of the recent DEA rescheduling of cannabis, examining its far-reaching effects on taxation, regulatory compliance, and business operations within the cannabis sector. Participants will gain a deep understanding of the rescheduling process, its implications on federal and state laws, and the strategic considerations necessary for capitalizing on the evolving legal landscape.

Key Learning Objectives:

  1. Understand the Rescheduling Process and Timeline: Learn the key steps in the DEA’s rescheduling process, including critical dates and milestones, to better anticipate changes and prepare for transitions.
  2. Explore Tax Implications and Opportunities: Gain clarity on how the shift to Schedule III affects tax compliance and opportunities for cannabis businesses, particularly concerning IRS code 280E and the newfound ability to deduct business expenses.
  3. Identify New Regulatory Requirements: Discover the latest regulatory requirements and compliance strategies for cannabis businesses operating under the new Schedule III classification.
  4. Strategize for Business Growth and Expansion: Analyze potential business opportunities and challenges that arise with the reclassification, including financing, insurance, and investment prospects, to strategically position your business for growth.

Whether you are a seasoned accountant, a cannabis business owner, or a new entrant to the industry, this webinar will provide you with the knowledge and tools to navigate the new regulatory and business environment effectively. Register now to secure your spot and stay ahead in the dynamic world of cannabis business!