Cannabis Taxation: C Corp, S Corp, LLC, LLP, Partnership, Nonprofit, or Something Else for Your Cannabis Business?
Canna Law Blog
APRIL 29, 2025
Cons: Double taxation (corporate income is taxed, and dividends to shareholders are taxed again); tends to be the highest tax option overall Higher compliance costs and formalities Bottom Line: Best suited for cannabis businesses that plan to scale quickly, raise significant capital, or eventually go public.
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