cannabis tax law

Tax Preparation for California Cannabis Operators

Tax preparation and filing can be complex endeavors for any business, but for cannabis operators in California, the landscape is particularly intricate. With ever-changing regulations and unique tax codes, navigating the financial aspects of the cannabis industry requires specialized expertise. In this article, we explore the challenges faced by cannabis…
Read More
rescheduling cannabis

The Potential Impact of Rescheduling Cannabis to Schedule III

Unlocking Potential Tax Advantages The cannabis industry has experienced significant growth and transformation in recent years, fueled by changing societal attitudes and an increasing number of jurisdictions legalizing both medical and recreational use. One critical aspect that has long affected cannabis businesses is its classification as a Schedule I substance…
Read More
cost control

Cultivating Efficiency: Cost Control Strategies for Cannabis Cultivators

Cannabis cultivation is a dynamic industry with incredible opportunities, but it’s not without its challenges. Among these challenges, cost control remains a top priority for cultivators aiming to thrive in this competitive field. In this blog, we’ll explore some invaluable strategies and tips for managing costs efficiently in cannabis cultivation.…
Read More

Revolutionizing Forecasting Strategies for Cannabis Businesses

In the realm of cannabis cultivation, manufacturing, and dispensary operations, the conventional approach to forecasting is undergoing a significant transformation. Many businesses in the cannabis industry have traditionally relied on historical data to predict future performance, much like other sectors. However, the uniqueness of this field demands a more dynamic…
Read More
safe banking

Senate Advances Landmark Bill for Cannabis Banking Access

The US Senate has Advanced a Landmark Bill for Cannabis Banking Access A promising development unfolded in the Senate recently as a new bill aimed at granting the marijuana industry access to essential banking services gained momentum. Known as the Secure and Fair Enforcement Regulation Banking Act, this bipartisan initiative…
Read More
descheduling cannabis

De-scheduling Cannabis: A Glimpse into the Future

What you Should Know about the Possibility of Cannabis being Rescheduled By Sandy Suchoff, Founder and Principal at The Canna CPAs The winds of change are blowing through the cannabis industry, and the prospect of de-scheduling cannabis from Schedule 1 of the Controlled Substances Act has captured the attention of…
Read More
evaluating cannabis opportunities

Evaluating Investment Opportunities in the Cannabis Industry

What to Look for When Considering  Investment Opportunities in the Cannabis Industry The cannabis industry’s rapid growth has sparked significant interest from investors seeking lucrative opportunities. However, investing in this dynamic sector requires a comprehensive understanding of the unique considerations that come with it. In this blog, we delve into…
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)