09/22/2026
Are you maximizing every dollar you can legally include in Cost of Goods Sold, or exposing your business to an IRS audit?
In Part 2 of our series, Melissa Diaz breaks down the strict COGS boundaries between resellers and producers under Section 280E. Learn why light repackaging won't reclassify a dispensary as a producer and how improper 263A or 471(c) claims lead to massive back-tax penalties.
If you operate in the cannabis space, how is your team categorizing costs to protect your margins?
Drop your thoughts below, and follow the link below to Part 2
πhttps://www.highrock.co/2026/09/cogs-for-recreational-cannabis-license/