Why it's different
For years, IRC §280E blocked plant-touching businesses from deducting ordinary expenses. In April 2026, cannabis sold under a qualifying state medical license moved to Schedule III and out from under §280E, while adult-use cannabis is still covered. Either way, your cost accounting and structure drive your tax bill.
What we do
Built for cannabis businesses
Bookkeeping, cost accounting and tax work designed around the rules that only apply to your industry.
Cost accounting & 471(c)
Books, CFO & controller
Tax & compliance
Capture every cost the law allows in inventory and cost of goods sold to legally lower your tax.
Budgets, forecasts, monthly closes, bank recs and financial packages that tie out to your seed-to-sale data.
Federal and state returns, quarterly estimates, 1099s and Form 8300 cash reporting, kept audit-ready.
Our sister firm
Meet Canna CPA Masters
Canna CPA Masters is our cannabis-focused practice, serving the industry and ancillary companies across the US, Mexico and Canada.
Expanding from retail into delivery, or going vertical? We'll set up your accounting so it runs efficiently and saves tax from day one.
Get a second set of eyes on your cost accounting and tax position.