Cannabis Advisory
& Technology Solutions

Services we provide

CFO Services

CFOs are trained to outline strategic pathways to achieve your company’s goals. We can help determine your company’s direction when it comes to important financial decisions. With our CFO services, you automatically get a team of cannabis industry experts who understand your business on a macro and micro level. You’ll be empowered with the right information to guide company decision-making, capture savings and drive profits. We can serve as your in-house CFO or provide support to your company’s existing CFO. 

Controller Services

The cannabis and hemp professionals at Accounting Intelligence work across many different verticals. We see successes and failures and can provide insight as to what makes the difference. Capitalize on our expert financial advice and strategy to ensure your financial goals are documented and tracked through key performance indicators (KPIs), projections, and budgets so you can explore the financial impact of different scenarios.

Outsourced Enterprise Level Accounting

Need a skilled leader with the right experience to manage your accounting department? With this service, we work closely with business leaders and possibly an existing bookkeeper to implement best practices, oversee and improve necessary processes and right-size the department for your company’s needs. Our responsibilities cover anything from business transactions and record retention to payroll and vendor/customer management.

Full-Service Bookkeeping

Do you have time for all those receipts and day to day financial transactions? Yet, this is some of the most important information for your cannabis business. We record all of your financial transactions timely, so you have the information needed for effective decision making. We also maintain proper record retention, so your numbers are always supported.

Software Analysis

Your business has gotten bigger, and you need more out of your accounting department than basic QuickBooks reports. We can help you navigate whether or not moving to a comprehensive ERP system like 365 Cannabis is the right call.

We provide analysis of current technology needs to assess potential cannabis technology stack solutions to increase efficiencies and increase automation.

Software Implementation

After learning the ins and outs of your business, we recommend and implement the right accounting systems and integrations that allow you to grow and scale as a business.

Tax Prep and Planning

Cannabis businesses are unique in that they are legal in select states and municipalities, but federally illegal. Completing a canna-business tax return requires a specialist who understands the opportunities and potential pitfalls associated with the industry.

280E Mitigation Strategies

Cannabis businesses face some unique challenges when it comes to preparing for taxes. Cannabis businesses are highly scrutinized, heavily taxed and closely regulated. Our Cannabis Tax Team will thoroughly review your financial position, develop the most effective and beneficial tax strategies, and partner with you to provide year-round guidance to help you attain your goals.

IRS and State Audit Assurance

If your cannabis business receives an IRS or state audit notice, contact us immediately and have one of our pros deal directly with the auditor on your behalf. Audits are built to test the veracity of your financial documentation.  We have pros that come from tax and audit backgrounds with 280E experience, so we offer specialized, insider perspective on an audit’s specific guidelines and requirements. We understand the best steps to take ahead of an audit, including what documents to examine and how to test for any material misstatements. If we encounter any discrepancies, we will identify the best routes to correct them. In addition, we have a network of attorneys in the United States well versed in 280E should the matter escalate to court.

Cannabis and Hemp Advisory

Cannabis and Hemp Organizations are constantly facing challenges. We understand because we only service cannabis and hemp organizations and can help with the day-to-day and long-term challenges. Our cannabis and hemp pros have helped organizations address many different issues resulting from being issued a new cannabis or hemp license, growth, market expansion, market competition or other crises. We will work with you to identify and implement strategic solutions to help your cannabis or hemp organization optimize profitability and growth, improve workflow and performance, and manage risk.

Operating Procedures

Do you have proper cash and inventory controls in place for your business?  We take the time to document your current processes and procedures, then propose ways to increase efficiencies, fix internal gaps to mitigate risk, and institute or amend your accounting policies.

Entity Formation

Starting your own business is exciting and thrilling, but it can be a lot of work, especially if you’re not prepared. Providing consultation and guidance from the very beginning, we can help you select the appropriate entity, obtain a federal identification number, select accounting software, set up a chart of accounts, determine initial capital and borrowing needs, and ensure compliance with federal, state, and local tax laws.

Licensing Support

Due to the early stages of the cannabis industry, the regulations and laws surrounding cannabis are always changing. It is normal to underestimate how complex and detailed the cannabis licensing application process is for businesses. Applying for and obtaining a license in your state is the first hurdle, and the stakes are high. You might only have one chance at applying for a license, so success is your only option.  We make sure your financial model is accurate and sound to support your cannabis business plan.

Offering Memoranda

Need a cannabis offering memorandum to raise investment capital from investors to start or grow your cannabis or hemp business? Our team has been involved in the creation and implementation of a significant amount of offering memorandum documents for cannabis businesses ranging from medicinal to adult use. We can ensure your offering memorandum is structured correctly.

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