Cannabis Business

Is there a Cannabis Accounting Association? This question has been on the minds of many professionals in the field of accounting who are looking to specialize in the cannabis industry. …

Looking for tips for bookkeeping like a professional cannabis CPA? You’ve come to the right place! Bookkeeping is often seen as a mundane and tedious task, but it holds a …

What are CBD bookkeeping best practices? Essential to know! But besides the obvious, CBD bookkeeping plays a crucial role in the success and stability of CBD businesses. As the CBD …

Cannabis businesses face unique challenges when it comes to accounting, as the industry is heavily regulated and still evolving. With the increasing legalization of cannabis across various states and countries, …

Cannabis bookkeeping best practices ensure those operating in this elevated space never need to worry about their finances. Since this industry remains illegal at the federal level, businesses in this …

Does QuickBooks work with the cannabis industry? To some degree. However, equally important to note is that a cannabusiness operator should never depend solely on Quickbooks. The cannabis industry is …

I have been fortunate to work with all levels of clients, from startups to fortune 500. One thing that I’ve learned through this experience is that there is a certain …

The cannabis world, and how talent works within it, is changing rapidly, as is our entire environmental and economic ecosystem. When we talk about talent and the evolving world of …

My background has always been deeply involved in how organizations utilize and engage with their non-employee workforce. The concept of replacing internal talent for fractional talent for an organization was …

Cannabis has changed my life. Without it, I wouldn’t be where I am today. And as a professional, I am grateful that the stigma of having this magical plant as …

The IRS recently issued Notice 2022-36 to offer penalty relief to certain taxpayers. The name of this notice is actually “Penalty Relief for Certain Taxpayers,” which doesn’t offer enough details until delving …

Looking for Michigan cannabis license information? This guide will give you a full education of everything you should know about marijuana business licenses in MI. The first Michigan recreational dispensary …

With New York’s Senate Bill S854A, the pre-existing cannabis laws in the state have now made these products more accessible. Some believe this state is on track to bring in …

From July 1st, 2022 the cultivation tax ceases to be applicable to marijuana or marijuana-related products that make it into the market for commercial use. Manufacturers and distributors do not have …

Knowing what expenses your cannabis company can claim on your tax return can be overwhelming without 280E accounting help. Internal Revenue Code 280E states that businesses that engage in the sale of …

Cost segregation is a proven tax planning strategy that the cannabis industry can use to cut down on their income tax liability. For decades, the IRS has challenged this strategy in tax courts, …

Curious to learn more about NJ weed laws in 2022? Northstar has you covered! As New Jersey’s legal cannabis marketplace begins to take shape, some rules and regulations will apply. …

Whether you’re considering taking on cannabis clients or currently operating a cannabusinesses, you’re probably wondering what to be aware of bookkeeping for cannabis . This makes sense, especially when considering the fact that …

Despite the fact that the space is still maturing, the legal marijuana industry has captivated many high-profile cannabis angel investors. Several platforms focused on funding these operations have been on the rise, and …

The future in accounting for cannabis is looking good. However, at this point, the space isn’t completely clear. There are still many uncertainties plaguing cannabis companies, particularly in the accounting department, although this …

Wondering what a cannabis CFO service entails? You’re in the right place! If you’re visiting this page, you’re likely wondering what a cannabis CFO service entails. As more competition enters the space, it …