Ask A Question

What happened with Hemp Opportunity Zones?

How can I create a Qualified Opportunity Fund in the cannabis industry and benefit from the OZ tax incentive?


Answers
  • Matthew Rappaport
    May 19, 2021

    I personally take the position cannabis and hemp businesses are OK for OZ. By the time the 10-year benefit accrues, it'll probably be off Schedule I.

  • DISCLAIMER: 

    the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal and financial experts prior to participating in any aspect relating to Opportunity Zones. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public; do not include confidential information in your question.