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The Cannabis industry's allure of high returns often hides serious financial risks for investors and executives. While early players like MedMen and Tilray generated major buzz (and investment) with sleek branding, their collapse highlights what happens when accounting, tax compliance, and entity structuring are ignored. In today’s market, financial literacy and compliance strategies are non-negotiable for long-term success. Listen in as we reveal: ✅ Critical lessons from the downfall of early Cannabis giants and how to avoid their costly mistakes ✅ How IRC 280E, 471, and other tax codes uniquely impact Cannabis business profitability ✅ The hidden liabilities of different entity structures and why choosing the wrong one could expose your personal assets ✅ Essential strategies for maximizing legal tax deductions despite stringent restrictions ✅ Multi-entity approaches that provide enhanced asset protection and investment appeal ✅ Why standard accounting systems and general practitioners often fail Cannabis businesses Whether you're considering investing in the Cannabis space, leading a Cannabis company, or advising clients in this industry, this episode delivers practical strategies to protect capital and ensure compliance. Learn how structuring, accounting, and tax planning can be the difference between success and financial disaster in this highly regulated industry. #CannabisAccounting #DOPECFO #280E #CannabisInvesting #ComplianceStrategy #CannabisFinance