Cannabis-Related Finance and Accounting

Being a startup is challenging enough. Being a startup in an industry that is just starting itself up in an uncertain environment? Yikes.

Cannabis startups have to deal with a perfect storm of challenges every day. We can help you traverse these waters to be one of the survivors and make the most of this rare market opportunity.

The Keating team has been growing startups for over 20 years. We also understand the ongoing challenges of the cannabis ecosystem. The landscape is constantly evolving, the rules changing and varying from state to state, and the industry is the most audit-prone in recent history. Getting everything right and avoiding disaster requires focus, experience, and expertise.

That’s where we come in. We love this stuff.

• Strategic entity formation
• Rolling cash forecasts
• Dashboards, scorecards, & pro formas
• Fundraising support
• Board & investor support
• IRC 280E compliance
• GAAP Inventory
• GAAP COGS (pursuant to IRC 471)
• Develop tax strategies
• Maximize tax deductions
• Audit-ready accounting/books
• IRS and state compliance
• Licensing application management
• Systems, policies, and procedures
• Cannabis bookkeeping
• Monitoring, understanding, & applying relevant regulations and court cases
• Insurance & banking

 

NOTE: This entire page is pun-free. Score.