tax Archives - Cannabis CPA, CFO, Bookkeeping & Accounting Firm

11 Sep 23

What Do Investors Look for in a Cannabis Business?

Cannabis companies, like any other businesses, can be evaluated by investors based on various factors. Here’s a breakdown of what makes a cannabis company attractive or unattractive to investors, the differences between successful and unsuccessful companies, and critical mistakes that cannabis companies tend to make. Factors that make a cannabis…

21 Aug 23

The Art of Valuing a Cannabis Business: Key Metrics for Mergers & Acquisitions

Understanding Mergers and Acquisitions for Cannabis Businesses Valuing a cannabis business is both an art and a science, especially in the context of mergers and acquisitions. The dynamic and evolving nature of the cannabis industry, coupled with regulatory intricacies, presents unique challenges when it comes to determining the worth of…

07 Aug 23

Managing Cash Flow in the Cannabis Industry: Challenges and Solutions

What is Cash Flow Management ? Cash flow management is a critical aspect of any business, and the cannabis industry is no exception. While the cannabis market is experiencing rapid growth and expanding opportunities, it also comes with its unique challenges. Cannabis businesses must navigate regulatory hurdles, limited access to…

31 Jul 23

Exit Planning for Cannabis Businesses: Securing Your Future Success

For cannabis entrepreneurs seeking to exit their businesses, strategic planning is essential to ensure a smooth transition and maximize value. At The Canna CPAs, we are certified exit strategists specializing in the cannabis industry, and we can help guide you through the process with a comprehensive approach. Our seven-step exit…

19 Jun 23

Why Cannabis CEOs Should Only Work With A Top-Notch Cannabis CPA Firm

Why should you hire a Cannabis CPA? As the cannabis industry continues to grow, so does the need for specialized financial services. One crucial aspect of this is working with a cannabis-focused CPA firm. While any CPA firm can technically work with a cannabis business, there are several reasons why…

20 Aug 19

CAN OTHER RELATED CANNABIS BUSINESSES POTENTIALLY BE SUBJECT TO 280E?

There is an Internal Revenue code Section IRC 482 which allows the IRS to make allocations to ensure that taxpayers clearly reflect income attributable to controlled transactions and to prevent the evasion of taxes. Found in the statutory language of IRC 482 , there are three basic prerequisites before this…

19 Jun 19

Who Needs to File Form 8300?

As we are all probably aware, it is very difficult for cannabis businesses to obtain bank accounts. Consequently, these businesses are forced to operate with large amounts of cash. Accordingly, it is of paramount importance that cannabis business owners and its staff are cognizant of Form 8300. The general rule…

tax

What Do Investors Look for in a Cannabis Business?

The Art of Valuing a Cannabis Business: Key Metrics for Mergers & Acquisitions

Exit Planning for Cannabis Businesses: Securing Your Future Success

Why Cannabis CEOs Should Only Work With A Top-Notch Cannabis CPA Firm

CAN OTHER RELATED CANNABIS BUSINESSES POTENTIALLY BE SUBJECT TO 280E?

Who Needs to File Form 8300?

Evaluating Investment Opportunities in the Cannabis Industry

Cash Management Solutions for Cannabis Businesses

What Do Investors Look for in a Cannabis Business?

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