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As an accountant helping Cannabis companies, you have a big responsibility you may not even be aware of yet: helping set up entity structures.
If you’re not aware of the importance of choosing the right entity structure, let’s pan quickly to the MedMen case. This is a cautionary tale of how a great product and company ended in a dramatic litigious battle due to an accounting and legal team that believed they could beat 280E with multiple-entity structures.
Alth