Tax Me? Tax You!

Tax Me? Tax You!

We all know that the federal government has continued to refuse to make the cannabusiness easy.  No one is skipping down the path of stress-free commerce—not the growers, the product manufacturers, the dispensary owners or even the consumers; but what does this mean for taxes?  The current trend toward not filing tax returns for those in the cannabis industry is both interesting and troubling.

Boise Hempfest

Boise Hempfest

Catching the eye of entrepreneurs nationally and locally, Boise Hempfest, Inc. created an entirely self-sustaining festival. Vendor fees and minimal sponsorship mitigated all costs. Supplemental creative fundraising generated additional revenue that was needed for insurance and incorporation. Fifty-two vendors, with products ranging from crafts to delectables, participated in accommodating over 2000 guests.