The best decision any potential marijuana business owner can make is to seek the help of an accountant to take care of the medical marijuana business needs. When running a business that has strict rules and regulations, it is crucial to consult experts and professionals. Simultaneously, an attorney will be needed to stay by the owner of the business and protect the business from all legal problems. An accountant will also be needed to take care of tax issues, bookkeeping, and all financial issues.
Most importantly, all operational accounting and financial issues must be taken care of by the marijuana business accounting firm that is hired. The team must include CFO’s. Staff accountants, controllers, and accounting managers. Full services must be offered which must relate to tax and accounting services and business consulting. Furthermore, the marijuana business accounting team must include experts that specialize in 280E services, inventory, benchmarking, employee tracking and inventory costing. When an accounting firm is being sought after for the business, it is mandatory to ensure that the firm has the required experience in various areas of the law that surrounds the medical marijuana industry. All steps must be taken to make sure that the team is very competent to handle all the issues that might surface when running the business.
If you are wondering how to open a medical cannabis business, then take our cannabis business workshop at California college for cannabis, in San Diego, Pasadena and Sacramento; Our attorneys and industry leading network of professionals will be hosting a to go over all aspects of cannabis business licensing, start-up and operation.
At 420 College – it all begins with helping YOU to understand what is proper, lawful and appropriate!
Our hands on medical cannabis business start-up seminars or one-on-one consultations are perfect way to get started!
You get an intense 2 days of advanced information about how to start and operate a medical cannabis business in California. Find out how 420 College 2 DAY seminars can help you in your business, click here.