The Business of Marijuana Out of Stock
Quantity
July 2013
The Business of Marijuana - Accounting, Tax and Legal Issues After Amendment 64
Program Description:
In November 2012, Colorado voters passed Amendment 64, which makes the personal, non-medical use, possession, and limited home-growing of marijuana legal under Colorado law for adults 21 years of age and older. The Amendment to the Colorado Constitution provides for the regulation of marijuana like alcohol, and allows for the lawful operation of marijuana-related facilities. The voters of the State of Colorado approved the Amendment by a vote of approximately 55% of the voting electorate.
Amendment 64 presents issues of first impression in Colorado and in the United States, as no other state except Washington State has legalized marijuana for non-medical, adult use in the face of federal legal restrictions.
What are the tax, accounting and legal implications for people involved in marijuana-related businesses in Colorado?
This seminar provides this important information and more!
Topics:
Accounting/Tax Issues
- The medical marijuana business model in Colorado
- What vertical integration really means
- Accounting for the fully integrated medical marijuana business
- Tax issues, 280E issues
- Important tax cases related to the marijuana industry
- Recent IRS audit findings
- Tax planning opportunities in light of Olive v. Commissioner
- IRS rules and regulations
Legal Issues
- Landlord/tenant relationships
- Employment
- Licensing
- Business formation
- Civil and criminal liability issues
- Operating agreements
- Business regulations
Presented by Jim Marty, CPA/MS, ABV, and Jeffrey Gard, Esq.
Faculty
Jeffrey S. Gard
Gard & Bond, L.L.C.
Boulder, CO
Boulder, CO
Jim Marty, CPA/ABV MS
Jim Marty and Associates, LLC
Denver, CO
- CLE Pass Price *FREE! - exclusions may apply
- Standard Price $339.00 USD
- Member Price $289.00 USD
- General Credits 6.00
- Ethics Credits
- EDI Credits