CohnReznick Cannabis

New York, United StatesFounded 1919

About CohnReznick Cannabis

CohnReznick Cannabis is the dedicated cannabis practice of CohnReznick LLP, a top-15 US accounting firm providing audit, tax, and advisory services tailored to cannabis companies navigating IRC Section 280E.

Key Facts

  • 1One of the largest US accounting firms with a dedicated cannabis practice serving publicly traded and private cannabis companies
  • 2Deep expertise in IRC Section 280E cost allocation strategies that minimize cannabis companies' tax burdens

Frequently Asked Questions

What is Section 280E and why do cannabis companies need CohnReznick?

IRC 280E prohibits cannabis businesses from deducting normal business expenses for federal taxes; CohnReznick specializes in maximizing cost-of-goods-sold allocations to legally reduce tax liability.

Does CohnReznick audit public cannabis companies?

Yes, CohnReznick provides PCAOB-compliant audits for publicly traded cannabis companies listed on US and Canadian exchanges, supporting SEC and CSA filing requirements.

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