Cost Accounting 101 for the Cannabis Niche

As more states legalize the use of cannabis, CBD, and hemp for medical and/or recreational use, more cannabis-related businesses are cropping up. The challenge comes with operating these businesses when the products are still not legal on the federal level, leading many business owners to seek professional accounting advice.

To learn more about this niche industry and the opportunities it provides, we’ve teamed up with Andrew Hunzicker, CPA, of Dope CFO. You'll learn:

• Why cannabis companies are prime targets for audits (and how you can help them prepare for the inevitable)
• A cost accounting primer for the niche and why it’s so important for these companies
• Entity structures and why they're important
• Tools and processes needed to serve the niche
• Day-to-day and month-end accounting processes
• Issues related to startups and capital raises