Cannabis Accounting Firm in the USA

As a cannabis CPA firm, we are the premier CPA practice that caters to marijuana and cannabis businesses and their unique industry nationwide – including Oklahoma, California, Massachusetts, Nevada, Colorado, Oregon, Washington, New York, New Jersey, Maine, Missouri, Alaska, Maryland, Arizona, Montana, New Mexico, Mississippi, Michigan, Illinois, Virginia, Washington D.C., Connecticut, and Rhode Island.

Under IRC § 280E, Cannabis touching businesses are not allowed any deductions or credits for amounts incurred or paid because cannabis (marijuana) is classified as a controlled substance on Schedule 1. This is where The Canna CPAs, a knowledgeable and skilled CPA marijuana practice, comes in to assist you! 

Our Mission

We Help Cannabis Businesses Become More Profitable! We accomplish this through a myriad of ways. One way is through our outsourced CFO services which incorporates target and forecast setting along with monthly meetings to set objectives and corrective processes. Our cannabis CFO services enable our clients to reach their financial goals and targeted numbers. Additionally, our expert tax strategies for § 280E save our clients tens of thousands of dollars!

Cannabis industry facts

$ 1 billion
by the end of 2026
17000 million
consumers by 2030.
1 + million
U.S. cannabis sales in 2022

Cannabis Gross Sales are material in the cannabis industry, but at the end of the day, how much profit and cash are you able to generate? Contact Us for a free consultation to learn how to keep more of what you earn. Learn how The Canna CPAs can save you taxes and help you increase your profit margins and cash flow.

Our Services
CFO & Advisory
Accounting & Bookkeeping
Tax Planning & Preparation
IRS Cannabis Audits & State Cannabis Audits
Exit Planning Strategies

Cannabis Business Valuations

Elevating Your Cannabis Enterprise

At The Canna CPAs, we understand the pivotal role that precise business valuations play in the cannabis industry, covering enterprises such as dispensaries, cultivation, and manufacturing. These valuations are not only instrumental in planning successful exits but also in assisting you to create targets for increasing your transferable value. 
An accurate valuation forms a solid bedrock, providing an irrefutable reference point for tax authorities, potential buyers, and stakeholders specific to the cannabis sector. It optimizes your position in negotiations. 
As Certified Exit Planners, we take pride in offering valuation services that are uniquely tailored to meet the demands of your cannabis business. Our specialized expertise equips you with the confidence to chart the future of your cannabis enterprise, armed with a precise understanding of its true value
To get started on your business valuation scan the code below. 
How To Run A More Profitable Cannabis or Hemp Business
how to run a profitable cannabis business book

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Unlock the secrets to triumph in the dynamic realm of cannabis entrepreneurship with “How to Run a Profitable Cannabis Business” by Sandy Suchoff. Immerse yourself in an enlightening journey that delves deep into the distinctive financial challenges that confront visionaries in this flourishing industry, setting them apart from their counterparts in traditional business landscapes. Armed with invaluable expertise, this guide equips ambitious entrepreneurs with indispensable strategies, unveiling the pathway to conquering these obstacles with finesse.

Through meticulous exploration, Sandy Suchoff unveils a treasury of proven tax strategies, punctuated by compelling case studies and precise, actionable steps meticulously tailored to amplify profit margins and fortify cash flow. Embrace the knowledge, wisdom, and insights bestowed upon you as you embark on an empowering expedition that transcends the everyday obstacles hindering the growth and prosperity of your cannabis enterprise.

Crafted exclusively for cannabis CEOs and investors across all verticals, this literary masterpiece by Sandy Suchoff is an imperative addition to every visionary’s collection. With its transformative impact and unwavering dedication to unlocking the true potential of your cannabis business, this masterpiece is an unmissable beacon of guidance on the path to unparalleled success. Prepare to revolutionize your approach and reign supreme in the realm of cannabis entrepreneurship with the expertise and guidance of Sandy Suchoff.

Cannabis Accounting, Bookkeeping, Exit Strategies, and more

Welcome to The Canna CPAs, your trusted source for comprehensive accounting and financial services tailored specifically for the cannabis industry. With expertise in cannabis accounting, cannabis bookkeeping, and cannabis tax preparation, our dedicated team of professionals understands the unique challenges and opportunities that businesses in this rapidly evolving field face.

Navigating the complex landscape of cannabis taxation requires a deep understanding of the Internal Revenue Code280E, which governs the tax treatment of businesses involved in the sale of controlled substances, including cannabis. Our experienced cannabis accountants are well-versed in this code and will work closely with you to maximize your tax deductions while ensuring compliance with all relevant regulations. We’ll help you minimize your tax liability, optimize your financial performance, and keep your business running smoothly.

At The Canna CPAs, we recognize that cost of goods sold (COGS) is a critical aspect of your financial operations. Our cannabis accounting firm specializes in helping cannabis businesses accurately calculate and allocate COGS, ensuring that you meet compliant standards, while at the same time legitimately maximizing these deductions to optimize savings. By employing industry-specific cannabis accounting strategies, we can help you streamline your operations, reduce tax burdens, and enhance profitability.

As a leading cannabis accounting firm and cannabis CFO firm, we are committed to providing reliable and efficient financial solutions tailored to meet your specific needs. Whether you’re a cultivator, manufacturer, distributor, or retailer in the cannabis industry, our team is equipped with the knowledge and expertise to address your unique accounting and financial challenges. Trust us to be your dedicated partner, delivering comprehensive services designed to support your success in this dynamic market.

Contact The Canna CPAs today and let our cannabis accountants  and cannabis CFOs help you navigate the intricate world of cannabis accounting, cannabis bookkeeping, and cannabis tax preparation, as well as guide you to increasing your cannabis company’s profit margins and cash flow. With our personalized approach, extensive industry knowledge, and commitment to excellence, we are here to ensure that your financial operations are in compliance, optimized for growth, and positioned for long-term success.

What Our Clients Say About Us


Choose us as your cannabis CPA and Cannabis CFO!

  • (833) CPA-CANA
    (833) 272-2262
  • info@thecannacpas.com

    We usually respond in less than 24 hours.

    We understand the importance of approaching each work integrally and believe in the power of simple.

    Melbourne, Australia
    (Sat - Thursday)
    (10am - 05 pm)