Industry News: Cannabis is Going Mainstream — Is Your Accounting Firm Ready?
Cannabis is Going Mainstream — Is Your Accounting Firm Ready?
In December of 2020, the Marijuana Opportunity, Reinvestment, and Expungement Act (MORE Act) passed the House of Representatives — this could lead to massive change for the cannabis industry in upcoming years.


- Marijuana Cultivators, Farming, and Processing
- Marijuana, Cannabis, and CBD Retailers and Distributors
- Marijuana, Cannabis, and CBD Product Manufacturers and Labs

- Enforcing regulations
- Collecting taxes
- Verifying the quality of the product, and
- Preventing illegal practices from occurring.
- Accounting and GAAP regulations
- Tax policy and code
- Cash management and traceability
- Banking scarcity
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