Cannabis Accounting Cleanup & 280E: Preparing for the Rescheduling Revolution
As Cannabis businesses rush to prepare for potential rescheduling, a harsh reality is emerging: most aren't ready for the scrutiny that's coming. While the industry celebrates this historic shift, many Cannabis operators are sitting on a powder keg of messy books, questionable 280E positions, and incomplete documentation that could explode under increased regulatory attention.
After a decade of helping Cannabis businesses navigate these waters, I can tell you this with certainty: the...
Cannabis Financial Modeling & Projections with Rescheduling Considerations
As the green rush continues, a sobering reality is setting in: for every Cannabis company that blooms, another wilts. The problem? Despite the industry's explosive growth, many businesses are operating on shaky financial ground. They're navigating this complex landscape without a map, relying on gut instinct rather than solid financial planning. It's a recipe for disaster, and we're seeing the consequences play out in real time with shuttered storefronts and failed ventures.
But here's...
How to Price Cannabis Accounting Services for Pre-Revenue Businesses
Don’t know how much you should charge for providing Cannabis accounting services to pre-revenue businesses? You’re not alone! In this blog post, we uncover two main ways to consider setting your price. The first is by accurately framing the value you provide and asking a number of smart questions. The second is by reviewing a number of areas within the company’s pitch deck. Investing some time and energy into this process in the ways we suggest below will enable you to price...