How Do Cannabis Employee-Owned Companies Avoid Tax Burden?
They can borrow funds to buy these shares, and if certain conditions are met, the sale of these shares can be exempt from specific taxation.
OAKLAND, CA – JANUARY 23: Employees trim green buds at the NUG cannabis company headquarters in … [+] Oakland, Calif., on Thursday, Jan. 23, 2020. John Oram is the CEO of NUG. (Jane Tyska/Digital F…