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Getting to the root of cannabis accounting

Sep 30, 2023 · 4 min read · AICPA & CIMA Insights Blog

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Accounting and finance professionals must understand changing cannabis accounting practices and compliance with cannabis taxation. The SAFE Banking Act introduces a layer of complexity, and balancing shifting state and federal regulations requires expertise and strategic planning. Accountants are vital in supporting clients who are cannabis businesses owners. From financial reporting to ensuring operational efficiency, cannabis industry clients rely on your expertise. Resources are available so you can gain essential insights into cannabusiness-specific best practices.

As of 2022, medical marijuana use

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