Staff Accountant – Client Accounting Services – Join our Team!

Staff Accountant – Client Accounting Services   We are looking to add to our professional services team!  The ideal candidate will have a well rounded accounting background, high degree of professionalism, ethics, and integrity, and possess an eagerness to work with clients in the cannabis industry. The Staff Accountant – Client Accounting Services position will…

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…

280E and Microbusinesses- What you need to know!

This article was originally written for Marijuana Micro Business. Please visit MarijuanaMicroBusiness.com for more information. Are you considering operating a marijuana microbusiness under the Michigan Regulation and Taxation of Marihuana Act (MRTMA)? If so, having an understanding of financial and tax implications in this regulated industry is critical for success.  Tax regulations, such as IRS…

Be Compliant –Message to Unlicensed MMFLA Applicants

Be Compliant –Message to Unlicensed MMFLA Applicants   Today’s Michigan LARA MMFLA Licensing Review Board Meeting had a strong closing message.  Businesses who are in the licensing process need to be compliant in all respects in order to have their license approved.   Michigan’s MMFLA licensing process has seemed to be delayed over the last…