In this insightful episode of Greenway Audio Magazine, hosts B.E. Dunn and Tim Pickett welcome award-winning Cannabis Accounting and Advisory Director Sarah Bantz, of Smith Patrick, to discuss critical financial challenges and developments in the cannabis industry, especially for Missouri operators. The conversation dives deep into tax legislation, including the complexities of 280E, recent federal rescheduling executive orders, protective claims, and shifts impacting dispensaries and microbusinesses.

Bantz provides a firsthand account of her journey into cannabis accounting and highlights the industry’s evolving approach to compliance and tax planning. The episode also examines landmark legal actions and rescheduling - and their implications for cannabis business owners. Additionally, the panel explore practical strategies for operators—from inventory tracking and documentation best practices to handling upcoming regulatory changes.

The discussion broadens to cover Missouri-specific issues, including the state's unique provision allowing marijuana businesses to deduct state taxes at the federal level—a rarity in the industry. The episode concludes with actionable advice for microbusinesses, tips for organizing receipts, and an outlook on the potential impact of pending legislation and lawsuits.