Massachusetts Cannabis CPA & Accounting Services

Cannabis Accounting Services

Licensed operators need accounting built around inventory, not around a generic small-business template. We maintain the ledger, reconcile it to the systems that regulators and lenders rely on, and close each month on a predictable schedule.

• Cannabis-specific chart of accounts with departmental coding
• Monthly close, reconciliations, and statement packages
• Payroll coding that supports production cost identification
• Regulatory recordkeeping aligned to the accounting records

280E Tax Planning and Compliance

Section 280E disallows most operating deductions for businesses trafficking in a federally controlled substance, which leaves inventory costing as the central discipline. We document the methodology, apply it consistently, and keep the workpapers that support the positions on your return.

Financial Reporting and Fractional CFO Advisory

Reporting that arrives on time, in a consistent format, is what makes financial information useful. Advisory engagements add forecasting, capital planning, and board-ready packages for operators who need senior financial judgment without a full-time hire.

• Monthly statements with prior-period and budget comparison
• Thirteen-week cash forecasting and working capital analysis
• Margin, labor, and inventory turn reporting by location
• Lender and investor reporting drawn from the same numbers

Internal Controls and Audit Preparation

Cash-intensive operations with inventory-driven cost of goods sold benefit from documented controls and a standing audit file. Segregation of duties, adjustment authorization, and retained reconciliations turn an examination into a retrieval exercise rather than a reconstruction.