Fractional CFO Services

Cannabis Accounting Training Program

Master THC Accounting & Bookkeeping

Sign up for an easy to follow accounting training that will help you get clear on cannabis taxes, accounting compliance.

Cannabis Accounting

Cannabis Compliance

Cannabis Taxes

The cost of improper accounting can shut down a business

Make sure you know how to navigate the industry.

There's a lot of accounting and compliance considerations when it comes to accounting in the cannabis industry.

Cannabis accounting is different and nuanced. There's local and state regulation and taxation and complication when it comes to the federal scheduling of cannabis.

The cost of not knowing the cannabis state regulations, cannabis taxes, and best practices in handling an all-cash business could lead to fines, penalties, and cash flow issues down the road.

Successful cannabis businesses need:

  • Financial Clarity on what's happening in their business, so they can make financial decisions

  • Financial systems and clear financial reports so they can manage cash flow

  • A clear and structured way to manage their finances so they can plan for taxes and grow their business

Approach cannabis accounting with the right framework

With strict regulations from state regulators and extra requirements from the IRS, it's important that business owners and the finance responsible embrace cannabis accounting and accounting best practices.

Get the tools to level up your cannabis expertise and confidently get up to speed on the nuances of working in cannabis and how to navigate cannabis accounting, regulation, and compliance.

THC Finance Bootcamp & Our Cannabis Accounting Training is For You...

  • You want to get clear and confident when it comes to cannabis accounting

  • You’re the finance responsible for a cannabis business

  • You want accounting policies and procedures that can make accounting operations more streamlined in a cannabis business

  • You want templates and plug and play resources

  • You are ready to feel confident about cannabis accounting

 THC Finance Bootcamp is Perfect for Your THC Accounting Needs

If you’re an accountant, bookkeeper, or business operator responsible for the financial function in a cannabis business, this training will help you get clear and confident.

Instant Access to Templates and Resources

  • We've got loads of templates that will support you in your annual planning, budgeting, monthly close, and more

Step by Step Guidance

  • We've got a video resource library that walks you through cannabis accounting and some of the complexities cannabis businesses are facing.

Practical Tips and Insights

  • We've loaded the training up with additional resources and tips on building internal controls and onboarding cannabis clients with ease.

Hey, I'm Simone, CPA

Hi cannabis accountant! I made the jump from corporate to cannabis in 2015, and boy was there a learning curve!

As a PwC alumnus, my experience with working in the agriculture, manufacturing, retail, entertainment, and technology industries has been beneficial in cannabis. I've helped my clients raise millions in capital, secure cannabis licenses, and have the financial foundation to stay compliant and build a profitable cannabis business.

This training is packed with the strategies I've used, and I want you to have it to deliver excellent work to your cannabis clients!

Get clear on your role as a cannabis accountant

Get best practices when it comes to cannabis accounting

Learn What to Track and How to Track it

What you’ll learn THC Finance Bootcamp

This is an easy to implement training that you can complete in less than four hours.

Part 1

Why Cannabis Accounting is Different

Get an overview of the cannabis ecosystem, regulations, and taxes impacting businesses in the industry.

This financial foundation will help you spot industry differences quickly and optimize your accounting.

  • Understand the local rules and regulation

  • Understand the local tax

  • Understand how cannabis accounting is different than other industries

  • Understand the ecosystem of the cannabis industry

Part 2

Cannabis Regulation and Cannabis Tax

Get crystal clear on how to build your accounting strategy around cannabis regulation.

Learn how to estimate federal and local taxes, get comfortable about what you can and cannot deduct, learn how to perform an inventory allocation, and feel good about an IRS audit

  • Get clear on local cannabis taxes

  • Get clear on federal taxes and IRC 280e deductions

  • Understand how to do calculate IRC 280e allocations

Part 3

Cannabis Accounting Standard Operating Procedures and Best Practices

Get done for you accounting best practices related to inventory management, cash management, and accounting for fixed assets. These will save you time and money.

  • Plug and play accounting best practices to improve the operations of any cannabis business

  • Easy to follow and easy to use policies and procedures

  • Inventory Management Spreadsheets

  • Cash Management Spreadsheets

  • Control logs

Part 4

Onboard your Cannabis Clients with Ease

Get the roadmap to making sure you cover EVERYTHING in your client onboarding Get the tools and templates to onboard your cannabis clients with ease while making sure you have a solid understanding of the client's business.

  • Best practices in onboarding clients

  • Document Request list for cannabis clients

  • How to perform a discovery call with cannabis clients

Plus you'll get these accounting templates!

Here are the Templates included in THC Finance Bootcamp

  • Cash Control Checklist to make cash counts easy

  • Inventory Control Checklist to stay ahead of inventory

  • Accounting SOP Manual for all key processes in a cannabis business which can be used as a roadmap to improvement

  • Chart of Accounts for a Cannabis Business

  • Process walkthrough questions for cannabis clients to understand the inventory management, cash management, and purchasing process

  • IRC 280e checklist to stay ahead of IRC 280e allocations

  • Company Compliance Cheat Sheet to help you stay organized.

  • Period End Checklist to make sure your financial close is a breeze.

Plus you'll get these bonuses

Instant Downloads

You'll immediately unlock templates, tools, and training.

Interactive Training

Get access to video training on tough areas of cannabis accounting.

Questions Asked & Answered

Get your questions asked and answered

THC Finance Bootcamp is Perfect for..

Cannabis Business Owners

Cannabis Accountants

Cannabis Bookkeepers

Operation Managers

Finance Responsible

Cannabis Professionals

Approach Cannabis Accounting with the Right Framework

Get the tools to level up your cannabis expertise and confidently get up to speed on the nuances of working in cannabis and how to navigate cannabis accounting, regulation, and compliance.

  • Get a deep overview of cannabis taxes and best practices to minimizing the tax burden

  • Best Practices in Financial Procedures for a Cannabis Business

  • Feel prepared for operating in an all cash environment

  • Feel confident about the IRS requirements for cannabis businesses

  • Best practices in onboarding cannabis clients

  • Get practices in inventory, cash management, fixed assets, and more!

STILL NOT SURE?

Is Cannabis Finance Bootcamp For you?

Are you the finance or compliance responsible for a cannabis business, or plan to be?

This cannabis accounting program is for you if you will be responsible for cannabis or hemp accounting and compliance. If you're a bookkeeper, accountant, compliance consultant, or employee in operations and accounting, it's time to take action!

Are you getting stuck and need a roadmap?

Are you getting stuck and need a roadmap? Imagine having a finance and compliance roadmap, templates, and checklists, delivered directly to you. You’ll have access to hundreds of hours spent consulting business owners, creating business solutions for businesses in cannabis, manufacturing, agriculture, and retail delivered directly to you.

Do you have the Best Practices for Cannabis Accounting?

You'll have templates and best practices when it comes to cannabis accounting. This includes workbooks, checklists, and templates.

Do you have Cannabis Accounting Standard Operating Procedures?

Having an accounting manual for cannabis accounting will save you time and money when it comes to excelling in the cannabis industry.

Get the tools you Need to Thrive in THC Accounting and Cannabis Accounting!

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