Financial Strategy

Knowing what expenses your cannabis company can claim on your tax return can be overwhelming due to IRS Code 280E . Internal Revenue Code 280E states that businesses that engage in the sale …

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 …

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 …

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 …

Looking for cannabiz accounting advice to expand your share of the legal cannabis industry? You’re not alone! As the cannabis market matures, cannabusinesses are looking for ways to streamline their accounting processes, …

Certified Public Accountant (CPA) firms handle the auditing, accounting, financial, and consulting aspects of nonprofit, private, and public businesses, along with government agencies. These organizations need a minimum of one …

If you’re here, you’re wondering, “What are liabilities in accounting ?” Simply put, liabilities in accounting are the organization’s financial obligations. But what does this mean exactly? Companies have liabilities that …

Operating a cannabis dispensary ? Thinking about dipping your toes in the cannabis industry as a dispensary owner? In this post, we cover everything you should know about operating a successful cannabis …

More often than not, cashing in on the cannabis industry can be tricky, especially when you’re new to this type of business.  It is also very likely that you’ll need …

The California cannabis industry has not come this far without feeling some growing pains. But, besides state law overregulating this industry, even a business operating with California law in mind …

Whether you’ve recently decided to start a cannabis business or have been in the industry for years, raising capital can be one of the most challenging aspects of the entrepreneurial …

Becoming a legal grower or cannabis nursery business operator in Cali might seem like a daunting task, especially if you’ve been making your living as a part of the legacy industry. But while …

The marijuana industry is growing, and there’s no denying cannabis accounting is becoming increasingly important. The space is booming as more laws pass and new companies sprout up every day. …

The CARES Act, an acronym for the Coronavirus Aid, Relief, and Economic Security Act, implemented the Paycheck Protection Program (PPP). But is there an alternative to PPP that applies to …

California cannabis business tax queries continue to roll in as the state continues to regulate this budding industry. This is why we decided to create our California cannabis business tax FAQ. Below, you’ll find …

California cannabis business taxation is in a constant state of motion. With each update, it becomes more crucial to remain up to date on the regulations in place, which is why we’re covering Cali …

With more regulation now than ever before, the cannabis sector demands good decisions to succeed. But how to make the best decisions for your cannabis company? Use this actionable list …

Blockchain and crypto-asset payment systems are becoming increasingly common across various industries; people purchase cars, homes, services, and more with these payment systems’ availability. But the impact these systems can …

Cannabis grow facility lenders aren’t a dime a dozen; cannabusiness funding can be challenging to find. But even once you locate a lender, getting a loan to scale grow operations, expand …

Some of our clients have asked us, “Where can you get a cannabis business loan?” Or, “Where can you get a business loan for a dispensary?” While it’s not always …