---
title: Tax Breaks Coming for Cannabis Investors? Experts Say It’s Possible
description: If you are a cannabis investor who puts money into dispensaries or facilities located in distressed areas, you could be entitled to some tax breaks.
---

[Consumer Goods | National Investor Network ](https://www.nationalinvestornetwork.com/consumer-goods)

# [Tax Breaks Coming for Cannabis Investors? Experts Say It’s Possible](https://www.nationalinvestornetwork.com/consumer-goods/tax-breaks-coming-for-cannabis-investors-experts-say-its-possible)

 Written by [Jason Sanders](https://www.nationalinvestornetwork.com/consumer-goods/author/jason-sanders) | Dec 29, 2019 2:40:38 AM

If you are a cannabis investor who puts money into dispensaries or facilities located in distressed areas, you could be entitled to some tax breaks. The tax breaks are coming thanks to a government program called The Opportunity Zone program, which was developed in 2017 alongside the Tax Cuts and Jobs Act.

The program was intended to attract investors to build-up low-income areas, and the act contains no language excluding cannabis businesses, according to accountants and tax prep professionals. Real estate investing companies like Innovative Industrial Properties (NYSE: IIPR) could also see some significant tax breaks. 

“The idea that it [that cannabis investors might not be eligible for the program] is a point of controversy is just not true… It’s very uncontroversial as far as we’re concerned,” said James Mann, partner at Greenspoon Marder LLP tax practice.

[View full post](https://www.nationalinvestornetwork.com/consumer-goods/tax-breaks-coming-for-cannabis-investors-experts-say-its-possible)

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