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As cannabis continues to make its way into the mainstream marketplace, state governments are increasingly legalizing and regulating it for medical or recreational use. The legal cannabis, or marijuana, marketplace represents a projected $21.7 billion industry, but despite its significant size, the industry poses challenges for CPAs. Continue Reading
A growing number of cannabis companies need accountants' advice. Continue Reading
You might need convincing, but it’s true: Narrowing your focus can actually expand your client base and help your firm flourish. Continue Reading
Because of IRC §280E limitations, cannabis businesses cannot take any credits or deductions except for the cost of goods sold (COGS). Moreover, due to of the tremendous tax burden, cannabis businesses are in a constant cash crunch and in need of an accounting professional. Continue Reading
Oregon's cannabis market is growing. Continue Reading
Even in the current tough environment, cannabis is a growing industry with bright prospects and a built-in demand for high-value accounting and tax services. Continue Reading