Ever since the green wave of Cannabis started sweeping the nation, the state of bookkeeping and accounting has been changed as we know it. With more and more states legalizing both recreational and medicinal marijuana, the need for experienced accounting professionals is higher than ever.
But Cannabis Accounting isn’t as simple as one may hope. You may be familiar with some of the rules and regulations put in place from 280e and 471, but do you know the extent of legal trouble you could be putting your clients through if they’re not compliant?
From having to pay massive fines to losing their licenses, there is a lot at stake when it comes to accounting and bookkeeping in this industry.
In this blog, we’ll talk more about the state of Cannabis in the United States today, where it’s going in the future, and how you can assert yourself and your firm as experts in the industry.