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Oliver Buchannon
Justin Leiby

Justin Leiby, PhD, is a Professor of Accountancy in the Gies College of Business at the University of Illinois. His research and teaching focuses on auditing, governance, and risk management, and includes extensive collection and analysis of operational and financial data in the cannabis industry.

Analysis

For cannabis companies, a win on taxes, a loss on costs in 2026

Mar 30, 2026

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5 min read

For cannabis companies, a win on taxes, a loss on costs in 2026

Eliminating 280E is undeniably positive for cannabis firms, but it doesn’t guarantee a financial turnaround, according to an analysis from Dr. Justin Leiby, a professor at the University of Illinois.

Justin Leiby
Justin Leiby

Cultivated

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