Michigan MMFLA CPA Attestation Requirement Explained

CPA, or Certified Public Accountant, attestation comes in many forms.  Some of the more common are financial statement audits or reviews.  On the horizon for Michigan’s commercial medical marihuana facilities are financial statement reviews,  required annually for all of Michigan’s soon to be license holders.  Most prudent non managing investors may also be expected to…

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Bridging the Banking Gap for Michigan’s Medical Marijuana Businesses

Access to traditional banking resources is one of the most significant roadblocks affecting the medical marijuana industry.  Businesses in some states have gained traction in changing this barrier.  However, upcoming commercial medical marijuana businesses in Michigan are largely predicting to remain unbanked when licenses are issued.  The state is proactively working towards possible solutions.  However…

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Why packaging is an important (Accounting) tool for the Medical Cannabis Industry

Medical bottles, mylar bags and glass jars, with a strain label and business logo. Or, depending on the product, maybe silicon containers and food wrapping too.  But that’s usually it when it comes to packaging of medical cannabis products – just the necessities.  After all, why put in much effort beyond packaging basics, especially when…

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