TRUST CAPITAL Blog

The marijuana business is rapidly evolving right before our very eyes. As states gradually begin to legalize marijuana use, whether for recreational or medical purposes, marijuana businesses are popping up everywhere to capitalize on the momentum of the legal changes.

As states across the country continue to legalize the medical or recreational use (and production) of marijuana, the legal and tax structures are always going to be on the verge of change. This is the way it always is with new markets and opportunities. Business owners and investors that are able to stay with or ahead of the curve are the ones that will benefit the most.

What many businesses don’t realize is that there is a way for them to take advantage of another tax opportunity that allows them to deduct marijuana equipment off of income that is otherwise taxable. In other words, this new opportunity will allow you to be able to lower your bottom line or increase profits overall.

Not very many businesses are aware of this opportunity, so why not see if you qualify?

According to Forbes, “Medical marijuana sales are projected to grow from $4.7 billion in 2016 to $13.3 billion in 2020.” As research identifies and validates more and more medicinal uses, the sales of medical marijuana will continue to grow at a rapid pace. It is also projected that medical marijuana industry would create more jobs than manufacturing by 2020.

Would you like to find out what it takes to run a successful and profitable medical marijuana business? Do you know what equipment you would need to be successful? Are you ready to find out? Strap your seat belt on!