We offer full service accounting and CFO services for businesses in the cannabis industry.
Cannabis is the #1 growing industry in America, and as such the demand for accounting professionals to help financially manage this type of business has skyrocketed. Many businesses need accounting professionals who specialize in this under-served area. This is because proper accounting for a cannabis business is unlike accounting for any other industry, due to its complex compliance issues, banking laws, tax limitations and reporting requirements.
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State and federal compliance rules for cannabis businesses are different from all other industries, and failure to comply with them could easily jeopardize a company’s licenses and investments. Improper record keeping, lack of procedures and accountability, incorrect cost accounting – could lead to serious trouble. Our firm provides a proprietary Cannabis chart of accounts for grow, extract, and dispensary that helps correctly record 280e/cost accounting transactions and is tailored for this industry.
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Every single month: we provide good financials, dashboards, metrics, and forward looking cash forecasts. We provide tax planning, budgeting and other value-add activities . This info will help keep you compliant with the state, IRS, investors, and lenders.
