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Are you an accountant? Download the Guide to Getting Started

Learn what it takes to get started in the cannabis industry as an accountant. This guide will teach you about the cannabis ecosystem, the risks and rewards of working in cannabis, and actionable steps that you can take to get started.

The industry is rapidly growing, where do you fit in?

  • Massive Growth

    The worldwide market is forecasted to be more than 42 Billion by 2024. 67% of Americans are in support of legalization and thousands of professionals are jumping into the industry.

  • Unparalleled Opportunity

    The emerging industries have tremendous opportunities for advancements in science, sustainability, wellness, advocacy, social change, career fulfillment, and wealth building.

  • A solution and Revolution

    The plant is saving lives and helps solve some of the world's problems. From better wellness and health options to providing cities and states with more tax revenue and social justice reform.

But with all of this rapid growth comes challenges...

And the biggest one - Cannabis businesses need excellent accounting and accountants

Let's face it. Cannabis is a highly regulated, emerging industry, with high growth, and high taxes, and it's still not federally legal. 


In such a nascent and emerging industry, cannabis businesses need highly skilled accountants to help them plan, grow and manage cash flow.  


Whether it's tax planning, capital raises, daily bookkeeping, or financial oversight, cannabis business need skilled accountants.  



Cannabis Accounting is Different

In an industry that was underground for so many years, many legacy cannabis businesses did not keep books and records. With regulation, all of that has changed. Good accounting is the foundation to building a profitable cannabis business.

  • Cannabis Business have different federal tax obligations (IRC 280e)

  • Cannabis businesses pay state and Local Cannabis Taxes

  • Most cannabis work in all cash and have IRS reporting requirements

  • Cost Accounting is a pillar for cannabis cultivators and manufacturers

  • Cannabis businesses need good inventory management systems and practices

  • Cannabis businesses need good financial Controls

  • Cannabis business are required to track all cannabis on the seed to sale tracking systems