The Cannabis Industry Accounting and Appraisal Guide
Provides useful information about the unique financial aspects and intricacies related to businesses operating in the licensed and regulated cannabis industry.
Addressing the issues
The cannabis and hemp/CBD industries are rapidly evolving. There are varying and often conflicting rules at the federal, state, city, and county levels. With regulated cannabis, every state requires a license, but obtaining those licenses can be a very different process, depending on where you are, and the costs can be quite different.
The complexities regarding both industry segments require the use of knowledgeable professionals, who are adequately trained and familiar with industry trends and protocols.
For certified public accountants who work regularly with a wide range of business and clients, nothing has come close to the intellectual challenges encountered when addressing issues and concerns in these expanding niches.
Everything you need to know
The Cannabis Industry Accounting and Appraisal Guide provides useful information about the unique financial aspects and intricacies related to businesses operating in the licensed and regulated cannabis industry. Much of the information provided is also useful for hemp and CBD matters. The guide presents everything a cannabis business owner needs to know about:
- Choosing a business structure
- Basic accounting
- Setting up an accounting system
- How to avoid an audit
- The basics of valuation
- How to build value into your business for the future
While, the cannabis and hemp/CBD industries may be outside of your comfort zone, it can open doors to a new client group that, up until several years ago, didn't exist.
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