Taxation Of Marijuana Sales

Course Details


Monday, September 23, 2019

5:30am – 9:00am
(Registration: 5:00am)

Field of Study


Course Number


CPE Credit

4.0 hours CPE credit

Level of Knowledge



CalCPA Education Foundation




Dive deep to understand how the sale of marijuana is taxed for federal and state purposes. Learn how to advise a client in this business on choice of entity issues.

Plus, review cost allocation tax provisions and understand how they apply to the sale of marijuana. Attendees will become familiar with the new California excise taxes imposed on retail sales and cultivation of marijuana at both the state and local levels.

If you're curious about what licensing requirements must be met by your client or are curious about how to navigate the ethical (both state and federal) issues that might apply to practitioners who advice clients in this business, register today.

Formerly titledTaxation of Marijuana Sales - Prop 64

Materials are provided as an ebook for this course.


  • Taxation of marijuana sales (income and sales tax)
  • Determining choice of entity for your client.
  • Understanding licensing requirements.
  • Be familiar with ethical issues related to advising a business involved with cultivating, manufacturing and selling cannabis.


  • Determine how to advise clients who are considering getting into the sale of marijuana.
  • Identify the federal and state income and sales tax laws that apply to this business.
  • Recognize the licensing requirements that apply to your clients.
  • Determine how to handle the ethical issues involved in advising a client engaged in an illegal business (for federal purposes).

Designed For

CPAs, attorneys, tax professionals and industry executives.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

Non-Member Fee

Applicable if you are not a HSCPA member.

Your Price $188.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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