Accounting Services for the Cannabis Industry

calendar iconJanuary 6, 2022
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Whether you function as a small operation, a single-state operator (SSO), multi-state operator (MSO), or provide ancillary services to the cannabis industry, Cherry Bekaert offers a diverse suite of accounting, tax and business advisory services to help you meet your growth objectives. From seed to sale, our trusted advisors, extensive resources and global reach uniquely position us to help your organization with initial structuring decisions; valuation, due diligence and growth capital needs; tax minimization strategies; outsourced accounting options; and technology and business advisory services, all designed to help you navigate a complex and dynamic regulatory environment.

How Does Cherry Bekaert Help?

While state laws and reporting requirements fluctuate and impact this booming and relatively new business industry, our professionals maintain acute awareness of regulations put in place and how they affect our clients’ businesses. For more than 70 years, the Firm has been laser-focused on serving high-growth companies in a variety of industry verticals, and we approach the cannabis space in the same way. We are in the business of adding value to our cannabis and CBD clients, not simply performing compliance and advisory services. Our goal is to bring ideas, improvements and efficiencies that contribute to your success.

Our nationally recognized cannabis accounting and consulting team has supported dozens of large cannabis companies with a full range of services. We have significant talent focused on the cannabis industry, advising companies while reporting on the U.S. and Canadian exchanges (in U.S. GAAP and IFRS) as well as providing risk advisory, internal audit, tax, and transformation services to the largest companies (both public and private) in the industry. Beyond compliance, our trusted advisors have helped cannabis companies transform their businesses with innovative solutions for growth.