Welcome to Voted Number #1 Cannabis CPA Firm in the USA!
Cannabis CPA, CFO, Bookkeeping & Accounting Firm - TheCannaCPAsCannabis CPA, CFO, Bookkeeping & Accounting Firm - TheCannaCPAsCannabis CPA, CFO, Bookkeeping & Accounting Firm - TheCannaCPAs
info@thecannacpas.com

Blog

irs audit
26 Jun 23

How Cannabis Companies Can Avoid an IRS Audit

Avoiding an IRS Audit As a cannabis business owner, the last thing you want is to be hit with an IRS tax audit. Audits can be time-consuming, costly, and stressful, and they can also damage your business’s reputation. Fortunately, by working with an experienced and expert cannabis CPA firm, you…
Read More
accounting for cannabis dispensaries
08 Jun 23

The Challenges of Accounting for Cannabis Dispensaries

Accounting for Cannabis Dispensaries Cannabis businesses are becoming increasingly popular across the United States as more and more states legalize its use for medical and recreational purposes. However, with the growth of the industry comes unique challenges for accounting professionals, particularly for those working with cannabis dispensaries. From cash control…
Read More
22 May 23

Why is Federal Bankruptcy Not Allowed for Cannabis Businesses

The cannabis industry faces unique challenges when it comes to financial management, including the inability to discharge debt through federal bankruptcy due to marijuana’s federal illegality. This issue is a significant concern for cannabis businesses, as it can make it much more challenging to manage debt and financial obligations effectively.…
Read More
17 May 23

The Benefits of Having an Expert Cannabis CFO and Cannabis CPA Firm

Operating a business within the cannabis industry is no easy feat. It requires expertise, experience, and an understanding of the laws and regulations in order to be successful. That’s why having an expert cannabis CFO firm can be so beneficial for cannabis dispensaries, manufacturers, and growers. With fractional part-time services,…
Read More
09 May 23

Mergers and Acquisitions are the New Normal in the Cannabis Industry

The legalized cannabis industry is seeing a new wave of mergers and acquisitions, with companies like MSO’s and publicly traded takeovers from Canada leading the charge. When this happens, you need to have an experienced exit strategist on your side to make sure that your business interests are protected.   …
Read More
02 May 23

How a Financial Plan Can Help Cannabis Businesses Reach Their Goals

A financial plan is a document that outlines an organization’s financial and operational goals. It also defines key performance indicators (KPIs) and assigns responsibility for achieving them. A well-crafted financial plan can help cannabis businesses reach their desired targets. Let’s take a closer look at how this works.    What…
Read More
No Marijuana Sign
17 Apr 23

LONG ISLAND OPTS OUT OF RETAIL CANNABIS

New York’s plan to double the number of recreational marijuana retail licenses to 300 for social equity applicants was met with enthusiasm from local cannabis operators and industry advocates. However, there are mounting concerns over the challenge of finding affordable cannabis real estate across the state due to zoning and…
Read More

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

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