Cannabis Accounting: Expert Advice to Scale
The marijuana industry is growing, and there’s no denying cannabis accounting is becoming increasingly important. The space is booming as more laws pass and new companies sprout up every day. It looks like the space will only continue to improve, too! But the cannabis industry comes with its own unique set of challenges that you […]
An Alternative to PPP for Cannabis
The CARES Act, an acronym for the Coronavirus Aid, Relief, and Economic Security Act, implemented the Paycheck Protection Program (PPP). But is there an alternative to PPP that applies to the cannabis industry? Yes! The Small Business Administration (SBA) funded and administered the PPP. This was meant to offer potentially forgivable loans to businesses impacted […]
When to Use Cash-Based Accounting For Your Cannabis Business
‘Tis the season! Tax season, that is. And one thing that no one can argue with is that Cannabis tax laws are among the most complicated and intricate to comply with. With the unique phenomena where cannabis is illegal on the federal level, but legal at the state level, there is an interesting dynamic with […]