Jordan Cornelius: Guiding Cannabiz Clients through Minefields

    Cornelius: “I’ve seen operators get angry, cry, put their businesses up for sale.”

Archaic laws and regulations plague booming new industry.

By Liz Gold
cannbizcpa.pro

The two biggest challenges facing businesses following the green rush in Colorado today?

Taxes and banking.

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When operators first get into the industry, everybody is looking at the top line and are not too concerned with taxes, says Jordan Cornelius, owner of Cornelius CPAs in Denver, Colorado.

“It’s a problem, taxes are a huge deal,” he says.