Hemp accounting

Hemp Accounting vs. Marijuana Accounting

Hemp Accounting vs. Marijuana Accounting:  What are the differences?   Until recently, hemp and marijuana businesses generally applied similar accounting methods and assumptions.  Both cannabis sativa, in general hemp plants have less than .3% THC and marijuana plants have more.  Producing and selling industrial hemp is legal in the United States under the 2018 Farm…

Accounting considerations for the cannabis industry

Accounting Considerations for the Cannabis Industry

Accounting Considerations for the Cannabis Industry   Presented at the West Michigan Cannabis Expo on October 5th, 2019.  See the presentation outline here:  WMCE Presentation   Operating in the cannabis industry requires considering many accounting issues and requirements.  This presentation outlines a broad range of accounting considerations to plan for when operating a cannabis business…