Cost of Goods Sold (COGS)

Because 280E limits deductions, cannabis companies rely on accurately calculating and allocating costs into their COGS. Training teaches how to properly allocate costs according to industry standards.

These programs also cover advanced cost-tracking methods to ensure every allowable expense is captured and correctly classified. By mastering COGS allocations, cannabis businesses can legally reduce taxable income, optimize profit margins, and maintain precise financial records that withstand regulatory scrutiny.