Cannabis Tax Update

There are many factors that set the cannabis industry apart from other business sectors – chief among them, the unique tax treatment that puts cannabis business owners at a distinct financial disadvantage to their counterparts in other industries.

John Pellitteri, Grassi’s Cannabis Practice Leader, was published this month in Tax Stringer for his perspectives on the industry’s latest challenges, IRS guidance and the best tax strategies for cannabis business owners.

Click here to read the full article, or click the button below to download a PDF copy.

John V. Pellitteri John V. Pellitteri is a Partner at Grassi and leads the firm's Healthcare and Cannabis Service Practices. Possessing over 30 years of experience in accounting, auditing, tax planning and business consulting, John is now applying his talent to the burgeoning cannabis industry. John possesses comprehensive accounting and taxation knowledge, which combined with his healthcare consulting experience, allows him to provide an all-inclusive assessment of... Read full bio

Robert M. Bernstein Robert Bernstein is a partner at Grassi and leader of the firm’s Automotive practice. He specializes in providing business advisory and tax services to professionals within the automotive industry. His clientele includes owners of new and used car dealerships, full-service and exterior-only car washes, quick lube stations, auto repair businesses, independent and franchise gasoline stations and related convenience stores. Robert got his start in... Read full bio