Cannabis

Cannabis

Yeo & Yeo offers medical and recreational dispensaries, distributers, retailers and growers specialized cannabis accounting, consulting and tax services.

Our expertise in agribusiness, cannabis, manufacturing and retail makes us uniquely qualified to help you navigate the strict regulations, conflicting state and legal parameters and extensive security-related procedures affect the profitability and viability of your cannabis business.

Whether you are just starting your business or are well-established, our full-service cannabis client solutions provide the experience, insight, and expertise of qualified cannabis CPAs, payroll, HR, valuation and litigation specialists, financial advisors and IT professionals to help with the vast business challenges confronting growers, distributors and dispensaries.

More on Yeo & Yeo’s Cannabis Accounting and Consulting Services

• Cannabis companies are required by most state laws to have adequate accounting and financial documentation to meet compliance requirements. Excellence in accounting not only gives a competitive advantage, but it can be the difference between staying in business or losing your license and being shut down.
• Lack of access to typical banking channels has plagued cannabis businesses from the beginning. Our accountants and advisors work with banks, credit unions and other financial institutions to help you secure banking and access to capital.
• IRS Code 280E limits the deductions available to your cannabis business when calculating your taxable income at the end of the year. Our tax professionals understand these regulations and work closely with you to create a tax strategy that takes advantage of new and existing laws to reduce the overall tax burden now and in the future.