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DD8

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Alias Born 08/14/2013

DD8

Re: I-Glow post# 218993

Wednesday, 04/05/2017 6:13:43 PM

Wednesday, April 05, 2017 6:13:43 PM

Post# of 290030
More info for you regarding 280E tax code and COGS:

Marijuana Business Cost of Goods Sold ("COGS") Overview:

http://www.californiacannabiscpa.com/blog/marijuana-business-cost-of-goods-sold-cogs-overview

What is the gross profit margin?
Gross profit margin is a financial metric used to assess a company's financial health and business model by revealing the proportion of money left over from revenues after accounting for the cost of goods sold (COGS). Gross profit margin, also known as gross margin, is calculated by dividing gross profit by revenues.