Accounting Archives - Page 2 of 2 - Cannabis Business Executive

New states, new markets: financial modeling for MSOs

Becoming a multi-state operator (MSO) in the cannabis industry requires planning and adapting to regional nuances unlike almost any other business. Financial modeling is a crucial step to understanding what lies ahead, and operators have myriad state-specific factors to consider…

Multi-State Tax Considerations for Multi-State Operators

January 5, 2022
Dave McManus
Accounting, Multiple State Operators, Taxes
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Cannabis legalization continues to gain momentum across the country, with several new states having legalized marijuana in 2021. As of this post, the number of states in which recreational marijuana is legal is 18, and 16 other states allow for…

Are you ready for an exit?

Consolidation is a defining aspect of the cannabis industry in its current stage. Mergers and acquisitions are mounting at a breakneck pace: Viridian’s Deal Tracker counts 265 North American transactions YTD in 2021, compared to 71 in the same period…

Key Risks and Challenges Facing Cannabis Businesses Serving the Growing U.S. Market

September 27, 2021
Lawrence Baye
Accounting
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By Lawrence Baye, CMC, CISA and Mark Bednarz, CPA, CFE, CISA Cannabis has been in the headlines again as voters in many parts of the country approved its availability for recreational use during the last election cycle. Attention has shifted…