Weed CFO: The IRS tax code is ‘crippling’ and ‘devastating’ for us

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Cannabis companies are facing another tax year bogged down by IRS limitations that designate them as drug traffickers and single them out for special treatment. “It’s crippling to businesses,” Michael Raisch, CFO of Colorado-based LivWell Enlightened Health, told Yahoo Finance. “It really doesn’t allow for the sustainability of these businesses. It’s really that onerous. xxx.

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