This book is designed to provide accurate and authoritative information about the subject matter covered. The information is given with the understanding that neither the Author or Publisher is engaged in rendering legal or professional advice.

The content in this book is for educational purposes and does not take the place of legal advice from a lawyer. Every effort has been made to ensure that the content in this book is accurate and helpful for our readers at the time of its original publication. However, this is not an exhaustive treatment of the topic. No liability is assumed for losses or damages due to the information provided. You are responsible for your own choices, actions, and results.

Production and distribution of controlled substances (such as marijuana), including enabling such production and distribution, or receiving proceeds from such activities are illegal under federal law. The Authors and the Publisher do not advise readers to violate federal law or evade federal law. The information presented in this material is presented and intended solely to help the reader understand the accounting, taxation, and other legal issues that arise in such situations. Under no circumstance does this material constitute legal advice or create an attorney-client relationship.

Since your situation is dependent on your specific facts and circumstances, you should seek the services of a lawyer or other competent professional regarding your specific questions and needs.