With cannabis legalization spreading like wildfire throughout the country, the marijuana industry is fast on its way to prosperity. The cannabis business landscape is becoming increasingly competitive and cannabis firms that do not adapt their financial strategies accordingly find themselves facing complex financial troubles. Not staying up-to-date with federal regulations and state laws can result in steep penalties or even complete shutdown. This has lead to an increase in demand for cannabis bookkeeping services that have specialized financial knowledge regarding cannabis laws. Expert CPAs can help your cannabis business thrive even more in a burgeoning market. Keeping these financial strategies in mind can help your cannabis business go a long way.