Comment on The Key to Success for California Cannabis Businesses – Managing Tax Liabilities by Erin M Rulli

Why would this assumption be included, “We will also assume IRC §280E has no application to the Distributor or the Cultivator.”? IRC 280E certainly does have application for distributors and cultivators. They can take more COGS under 471-11 than 471-3 for dispensaries but the code still applies.