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Raymond V. Owens

CPA Team Leader, Cannabis - Tax

Get to Know Me

Raymond is a senior tax manager and is the Team Leader of the Firm’s Cannabis Team.

He has over 12 years of accounting experience, including 10 years in public accounting and two years in private accounting for a publicly traded cannabis company. He has extensive expertise in taxation, consulting and structuring, manufacturing, cannabis and inventory costingRaymond‘s work includes helping clients with proper tax planning, from the initial structuring through the setup of books and records to the calculation of inventory and cost of goods sold. 

Industry Expertise

Service Expertise

Tax

Learn More About My Story

Learn more about my professional experience and how I spend my time outside the firm.

Education:

  • Master’s of Science, Taxation, Fairleigh Dickinson University
  • BS, Business Administration, Minor in Economics, Roanoke College

Professional Affiliations:

  • Member, American Institute of Certified Public Accountants (AICPA)
  • Member, New Jersey Society of Certified Public Accountants (NJCPA)

Raymond has authored numerous articles on cannabis and is frequently scheduled for speaking engagements at industry events. In addition, he has received several award nominations, including the 2024 Withum Marketing Strength Award and the 2024 Withum Strength of Client Service Award.

Outside of the office, Raymond enjoys spending time with his wife and two children, visiting the Poconos, where they frequent a lake community, and riding his motorcycle. 

Authored Insights

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Close-up of a cannabis leaf on a wooden table with blurred legal documents and a gavel in the background.
DOJ Reschedules Certain Marijuana Products to Schedule III: What Operators Need to Know 

On April 22, 2026, the U.S. Department of Justice (DOJ), through the Drug Enforcement Administration (DEA), issued a final order rescheduling certain marijuana-related products from Schedule I to Schedule III of the federal Controlled Substances Act (CSA). While this action is limited in scope, it carries significant regulatory and federal tax implications, particularly for state-licensed…

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Digital Analytics and Cannabis Industry Trends Visualization
Navigating IRS Form 8275: Key Takeaways from Fact Sheet 2024-32 on IRC Section 280E Disclosure Standards

On Thursday, December 12, 2024, the Internal Revenue Service (“IRS”) released a fact sheet addressing Form 8275 and the disclosure of tax positions related to IRC section 280E.  Form 8275 is used by taxpayers to disclose positions taken on tax returns for which substantial authority does not exist. Substantial authority is defined as a tax…

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judges gavel on cannabis leaf
Another Disappointment for the Cannabis Industry as Rescheduling Delayed

The cannabis industry has waited with bated breath for the December 2nd hearing, where many anticipated that final testimony in favor of rescheduling would be heard by the Drug Enforcement Agency (DEA). The hope was that this would lead to an expedited rescheduling, and perhaps IRC §280E might not apply to the tax year ending…