Who We Serve
Managing a cannabis company can be overwhelming when it comes to finances and compliance. With many different regulations unique to the industry, business owners often struggle with ensuring that their company is functioning to the highest potential in its field. Green Space Accounting has the experience and knowledge to help you overcome these challenges.
We help businesses navigate the complexities involved with managing a business in the cannabis industry while allowing business owners to focus on the other aspects of their company.
With expertise in the cannabis industry and experience performing all aspects of a generalized accounting firm, we can help your company reach its fullest potential. Whether you own a dispensary or a cannabis manufacturing company, we’re ready to help you better maintain your company’s financial functions.
Below is a list of the types of businesses we serve and how we work strategically within each vertical.
Cannabis Retailers, Wholesalers, Distributors, and Dispensaries
Dispensaries typically have more complex financial needs than other verticals because of a heavy reliance on cash transactions. It can be challenging and time-consuming to stay on top of your bookkeeping and maintain accurate records.
By managing your expenses and finding opportunities to maximize profit, we provide you with a comprehensive and reliable financial solution, so you can focus on what matters most– growing or establishing your business in the cannabis industry!
We work with medical and adult-use cannabis dispensaries of all sizes. Whether you’re a small business or an MSO, our services are scalable to fit your needs.
Cannabis Cultivators and Warehouses
Cultivators and warehouses supply the industry with what matters most: cannabis plants ready for sale. Maintaining, harvesting, and distributing cannabis takes a lot of time and effort.
While financial compliance and record-keeping are difficult, it’s particularly important for companies in the cannabis supply chain. These operations typically have many moving parts, from managing accounts payable and receivable from different retail partners to handling returns and other issues. Green Space takes responsibility for the financial side of these businesses so that owners can focus more on production.
Failure to properly manage and record finances can result in heavy fines and penalties for your company. In a new and competitive field, financial issues can make-or-break your company’s future. Our services provide you peace of mind knowing well-trained professionals handle your finances.
Non-THC Cannabis Businesses
Even though CBD and hemp products do not contain THC’s psychoactive effects, they are regulated under the cannabis industry. Because of this, these businesses face similar taxes and regulation policies, which can be challenging to navigate.
Green Space offers services that help CBD and hemp businesses better understand their finances and provide opportunities to optimize profits. We can provide you with in-depth insights into your revenue and put practical solutions into place.
Processors and Manufacturers
Manufacturers provide us with various cannabis-based products, from extracts to edibles to concentrates. At Green Space, we believe finances are the last thing manufacturers should worry about. We’ll keep your finances in order so that you can focus on what you do best.
From payroll needs to balance sheets, income statements, and more, we’ll put your business in a better financial position. Contact us today to schedule a complimentary consultation.
Click below for an overview of our cannabis accounting services to learn how we can help your cannabis business thrive.