Great news for any dispensaries in Maine, you can deduct your marketing expenses starting this year! Other states don’t allow this kind of deduction for any kind of controlled substance, including cannabis. The cannabis industry is one of the few with these restrictions on marketing, and it’s great to see Maine extend a hand to cannabis businesses. If any dispensaries in Maine would like to increase their budgets with this news in mind, you know who to call 👀
Maine Allowing Dispensaries to Claim Advertising Expenses as Businesses Expenses for Tax Purposes
