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Anyone know if we can claim growing supplies as medical expenses on income tax?
Absolutely.
Cultivation supplies are attributable to inventory and thereby deductible through Cost of Goods Sold (COGS). Cogs is the allowable deduction under IRC 280E.
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What are the core capabilities and services offered by High Performance? (read more)
I would suggest a quick look at our web site and watch a brief animated short that will provide you information on our company and solution.
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Are blockchain technologies suitable for the cannabis industry?
Absolutely. I believe that blockchain technology can encourage better management in supply chains by identifying inefficiencies, creating a real-time non-paper record, allowing cannabis companies to reduce costs and thereby improve their operations.
Cryptocurrency and Blockchain companie... more
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What kind of routine maintenance do supercritical extraction systems require?
Hello, If the system is made to a minimum of food grade specifications, you would only need to run the system with no material only co2 and ethanol for 90 minutes to 2 hours.... more -
What are the challenges of building a POS software compliance platform for the cannabis industry when regulations vary so much from state to state?
What are the challenges of building a POS software compliance platform for the cannabis industry when regulations vary so much from state to state? For example, will you have to build a completely different system to serve the state of Ohio once cannabis operations begin there? &nbs... more
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How much dried cannabis does your equipment package an hour?
Thank you for the question.
We have actually 2 different levels of automation for the preservation and packaging of dried Cannabis. We have done this due to the wide range of production values we see. We have a semi automated system the requires an operator. This syste... more
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Hi. I am interested in cannabis dispensary. How can I secure funding for a start up dispensary? Thanks
Hello Tony, I make no excuses for not responding. I apologize. If you have not already obtained this information.
There are several things that must happen before seeking or even securing capital for a dispensary; especially a startup. Things to consider:
(1) Do you own land in an opport... more
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Have well does N2 packaging work for terpene stability of stored cannabis?
That is a great question.
We are currently engaged in a 5 year test exclusively to determine how well our packaging stabilizes Terpene profiles in Cannabis Flower. We commissioned an independent lab to conduct this study. They took our packaging along with Glass Jars, Plastic... more
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Where do you recommend a cultivator goes to buy cannabis seeds?
... is there a particular vendor that you recommend? ... more -
Seems like the cannabis related cryptos to date have been scams. Why will the future be different than the past?
I cannot comment on whether or not the 17 cannabis based cryptocurrencies are or are not a scam. I can however state that from what I have seen in the media some of those cannabis based cryptocurrencies "may" have actual use cases in the cannabis industry. See Growers International and P... more
