March 23, 2022

Webcast Replay

1 Total CPE Credits


Cannabis Law Primer: CPA, Accounting, and Finance

  • Instructor

    Emily Burns

Learning Objectives


  • Identify the unique federal tax-law provisions applicable to marijuana-related businesses
  • Calculate taxable income for marijuana-related businesses in accordance with the limits of IRS Tax Code Section 280E and deductions for “Cost of Goods Sold”
  • Recognize the legal and ethical implications of providing accounting and other financial services to cannabis industry clients in light of federal prohibition

Major Topics


  • Significance and application of IRS Tax Code Section 280E in light of developments in federal case law
  • Legally permissible application of “Cost of Goods Sold” deductions for purposes of calculating taxable income
  • Identifying “COGS” deductions for licensed retailers versus licensed growers/cultivators
  • Determining the legal and ethical constraints associated with serving marijuana-related businesses in light of federal prohibition

CPE Credits Available

Total CPE
Management Services

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Business & Industry
  • Legislative & Regulatory
  • Practitioner



Advanced Preparation


Intended Audience

CPAs, accounting, finance professionals


Business Learning Institute

This event has ended.