Resources

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, …

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 …

Ever found yourself wondering, “How can I improve my bookkeeping?” You’re certainly not alone! Bookkeeping is a crucial aspect of managing finances for individuals and businesses alike. It involves the …

Compliance challenges in cannabis accounting have emerged as a significant concern in the rapidly growing cannabis industry. With the legalization of cannabis in some form in many states across the United States, …

Understanding the intricacies of tax regulations is crucial for cannabis companies operating in the United States. In particular, the 280E tax regulation poses significant challenges and complexities for these businesses. …

Fractional CFO vs. traditional CFO; which would be best for your business? In the ever-evolving landscape of business finance, the role of a Chief Financial Officer (CFO) has become increasingly …

Cost-effective accounting solutions for startups might seem obvious. But for those who are just getting started, finding the right solutions requires a bit more thoughtfulness as it’s imperative to their …

Fractional accounting for small businesses offers a range of benefits for these operations. It allows them to tap into the expertise of highly skilled financial professionals without the need for a full-time …

Fractional accounting is a strategic approach that businesses can adopt to achieve rapid growth while effectively managing their financial operations. This method involves outsourcing financial tasks to specialized professionals who …

Fractional accounting services offer numerous benefits to businesses, providing them with a streamlined financial process, time and resource savings, as well as ensuring compliance and accuracy. By utilizing fractional accounting …

Is accounting software for cannabis accounting necessary? Absolutely not. In fact, we recommend our clients keep track of their finances manually as there is still no robust accounting software for cannabis available. …

Key accounting principles for cannabis businesses can ensure your operation’s success. While they might not guarantee it, understanding these principles will help you make better business decisions. The cannabis industry …

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 …

Sometimes it’s not feasible to hire a full-time resource for your business. Reasons could be due to cost, or it could be the lack of being able to find the …

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 …