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Cannabis, Hemp and THC
Psychoactive Hemp Gains Ground as States and Others Push Back BY SIMON MENKES CPA AND RACHEL WRIGHT CPA Reprinted with permission...
simonmenkes
Jun 25, 20249 min read


Cannabis Reclassification Would Trim Tax Burden, But Not Quickly
SIMON MENKES CPA AND RACHEL WRIGHT CPA Reprinted with permission of Bloomberg Tax Menkes and Wright review DEA recommendation to...
simonmenkes
Jun 25, 20244 min read


Cannabis ‘Tax Stacking’ Harms Legal Sellers and Drives Up Prices
SIMON MENKES CPA, RACHEL WRIGHT CPA AND ABRAHAM FINBERG CPA Reprinted with permission of Bloomberg Tax Simon Menkes, Rachel Wright, and...
simonmenkes
Jun 25, 20244 min read


N.Y. Cannabis Growers Can Take Advantage of Manufacturer Credit
AB FinWright’s Simon Menkes, Rachel Wright, and Abraham Finberg share how legal cannabis businesses in New York can use the qualified ...
simonmenkes
Sep 12, 20231 min read


New York City Cannabis Firms Poised to Get Full Tax Deductions
In a move long awaited by Empire State cannabis, the New York Senate approved legislation that would allow New York City cannabis...
simonmenkes
Sep 12, 20231 min read


Desperate California Cannabis Vendors Seek Credit Protection
The contentious bill, nicknamed “The Cannabis Credit Protection Act,” would require licensees to pay for goods sold no later than 15 days...
simonmenkes
Sep 12, 20231 min read


N.Y. Recreational Cannabis Businesses to Run Gauntlet of Taxes
In the British Royal Navy of the 1700s, a sailor guilty of a minor offense was required to “run the gauntlet.” The guilty party was...
simonmenkes
Dec 6, 20221 min read


Transfer Pricing Is an Often-Overlooked Necessity in Cannabis
Judge Learned Hand, who served on the US Court of Appeals from 1924 to 1951, once said, “Any one may so arrange his affairs that his...
simonmenkes
Dec 6, 20221 min read


New York’s Cannabis Social Experiment and How You Can Participate
What H.G. Wells, author of “The Time Machine,” wrote about New York City applies to the state and its vision for licensing recreational ...
simonmenkes
Apr 20, 20221 min read


What Can Cannabis Do For Montana?
In this piece, I and the other two authors examine the “The Treasure State’s” cannabis industry, the new adult use program and the taxes...
simonmenkes
Jan 18, 20221 min read


Hidden Tax Dangers in Cannabis Outsourcing Arrangements
As cannabis becomes mainstream, we are seeing more of what we call outsourcing arrangements—that is, contracts where one entity...
simonmenkes
Sep 15, 20211 min read


Oklahoma – the Cannabis-Friendly State
In this article, I and the other two writers examine the current status of the cannabis market in Oklahoma and ask ourselves, "How...
simonmenkes
Jul 13, 20211 min read
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