Financial Operations Insights, Guides, and Tools
5 Signs Your Cannabis Business Needs a Fractional CFO (Not Just an Accountant)
Cannabis finance is not a simple thing. Even the most accounting-savvy operator will sooner or later realize the value of having a qualified cannabis accountant in their corner to inform strategy, cash flow management, and compliance.
How Multi-License Cannabis Operators Can Simplify Tax and Entity Management
Cannabis is one of the most regulated and complex industries in the United States. No matter what entity structure you choose, tax compliance coupled with federal and state regulatory hurdles will keep you on your toes!
How Indoor Growers Can Set Up Financial Systems that Scale with the Harvest
The cannabis industry is enjoying explosive growth nationwide as most states have now either partly or fully legalized and decriminalized its sale and use. While we still have a ways to go, there’s no question that business is booming.
Capitalizing vs. Expensing: How to Handle Facility Build-Outs the Smart Way
Building out a cannabis facility is never cheap. When you factor in construction, equipment, license fees, consulting, and all the other sundry expenses you might incur, the total cost can be upwards of $500,000 or more.
Cost Accounting for NY Cultivators:The Secret to Surviving 280E
As all cannabis operators are acutely aware of, IRC 280E is the bane of the industry. Without proper cost accounting strategies in place, already-tight margins contract into a painfully tight place, threatening continuity and weakening any opportunities for growth and expansion.
The Ultimate Cannabis AccountingTech Stack for 2026
Cannabis businesses rely on software to navigate complex accounting, compliance, and tax reporting requirements. But when you’re swimming in a sea of options – all claiming to be the only solution you need – how do you choose?
Tips for Managing Cash Flow and Inventory Across the NY Cannabis Supply Chain
Tight margins, regulatory and compliance mandates, and the rigors of the highly competitive New York cannabis market challenge operators on a daily basis. How you handle inventory across the supply chain can be a mitigating factor, as every decision affects the bottom line.
280E for NYC Dispensaries: What You Can Deduct and What Will Get You Flagged
New York state’s decoupling from IRC 280E is good news for New York dispensaries, as it provides significant tax relief at the state level. Federally, 280E still applies, prohibiting all cannabis businesses from deducting normal business expenses, including payroll, office equipment, marketing, lease payments, and more.
Pass-Through Entities in the Cannabis Industry: Structure Smart, Stay Compliant, and Save on Taxes
Structuring a cannabis business as a pass-through entity is—at least on the surface—an excellent way to reduce the tax burden for cannabis businesses. When a company is structured this way, it is not subject to federal income tax as the tax burden is passed on to the owners, who report the income on their personal returns and pay the applicable taxes, avoiding double taxation.
What a Sample Cost Segregation Report Looks Like—and Why It Could Save Your Cannabis Business Thousands
Cannabis businesses are constantly challenged by federal and state tax laws that limit business deductions and over-inflate taxable revenue. Cost segregation is a tax-planning strategy that enables any cannabis business that has purchased new real property or has expanded or remodeled existing real estate to reduce taxes, increase cash flow, and accelerate depreciation, effectively deferring federal and state taxes payable.
High-Level Guidance: How Cannabis Business Coaching Can Elevate Your Operation and Your Profits
If you are thinking about launching a cannabis business—or looking for ways to improve your current operations—cannabis business coaching can help you in many ways. Coaching delivers niche expertise and insight into what makes a cannabusiness profitable, helping you develop the mindset and best practices you need to succeed.