Comprehensive Compliance Services and Solutions
It’s no secret that the cannabis industry is booming. While many entrepreneurs are eager to operate in this lucrative space, it’s important to note that your business must adhere to unique rules and regulations that are exclusive to the industry. While compliance can be challenging, it’s one of the most important factors that you must consider if you want your business to succeed.
Compliance standards can vary from state to state, so It’s vital that you’re an expert when it comes to your state’s legislation. Failure to comply with state regulations can result in serious penalties- including your business being shut down. With intimate knowledge of cannabis rules and regulations, Green Space Accounting offers complete compliance solutions to help you along the way.
Ask any economic expert about the most thriving sectors in Maryland, and they’ll speak to the state’s prowess in manufacturing, energy/utilities, life sciences, and construction.
Although cannabis legalization is spreading across the United States, the industry is still in its infancy. This means that entrepreneurs who are eager to get
For more than a decade, cannabis has been a heavily regulated industry. The financial rules and tax codes are unique to the industry and are
Cannabis Banking: An Introduction Even though many states have legalized medical marijuana, the federal classification of cannabis as a class 1 substance remains a big
As discussed in our Cannabis Banking Guide, the criminal classification of marijuana on a national level often prevents cannabis business owners from working with most
As a cannabis business owner, maintaining your financial records should be at the top of your priority list. There is little to no room for
Whether your business needs guidance in securing a bank account or assistance in keeping finances and records organized, we can help! Contact us today for a FREE 30-minute consultation.
As a dispensary or ancillary business in the cannabis space, you’re required to follow a set of rules governed by the state you’re operating in. Compliance rules range from financial to retail to environmental, and your business must operate within these parameters.
Green Space Accounting helps businesses of all sizes stay compliant with state regulations through thorough reporting, audits, and the set-up of good procedures and processes. To learn more about how we can help your business stay compliant, contact us today.
While hemp & CBD are federally legal, there are still restrictions when it comes to shipping, marketing, banking, etc. Companies in this space should consider working closely with experts in the industry to ensure they’re aware of any rules and regulations that need to be followed.
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