Many growing cannabis companies lack the expertise to design and implement appropriate accounting and financial reporting systems, and many more lack the proper financial technology necessary in a dynamic and growing industry. Cannabis entrepreneurs need the support of an accounting firm knowledgeable of the regulations and expert in the financial practices critical to the survival and success of a cannabis business.
We were among the first accounting firms to specialize in the cannabis industry and have worked beside entrepreneurs in all industry segments—cultivators, processors, retailers—from single facility to multi-location and vertical operations.
HBK Cannabis Solutions is a dedicated team of cannabis industry subject matter experts within HBK CPAs & Consultants. We were among the first accounting firms to specialize in the cannabis industry and have worked beside entrepreneurs in all industry segments—cultivators, processors, retailers—from single facility to multi-location and vertical operations. Our team counsels owners, management and investors in multiples states and countries, helping them with key financial activities: from planning start-ups to connecting operators with investment bankers to facilitating M&A; from pre-offering projections, state applications and licensing to management planning and compliance. In addition, we have experience in valuing both plant touching and ancillary businesses in the industry.
If you are in the cannabis industry, HBK Cannabis Industry Solutions should be your accounting resource:
- We are a team of subject matter experts and experienced professionals with a deep understanding of the cannabis industry.
- We are “all in.” You will work with people who understand the many and complex challenges this still-emerging industry presents.
- We understand the unique regulatory environment in different states and countries.
- We recognize the economic challenges and can help guide you to success.
- We have worked on transaction advisory services on both buy and sell sides supporting- operators and investors.
The firm you engage should understand the complexities of the industry as well as have in-depth experience with a variety of states, each of whom have different laws and regulations. They should understand each industry segment – cultivation, processing, and retail – including the intricacies of vertical integration.
HBK Cannabis Solutions is a specialized team of cannabis industry subject matter experts within HBK CPAs & Consultants, an Accounting Today Top 100 CPA Firm. We work with clients throughout the life cycle of cannabis businesses – from start-up to established operations to those considering an exit. Specifically, our team counsels owners, management, and investors in multiple states and countries, helping them with key financial activities including projections, state applications and licensing, management planning, compliance support, inventory costing and others so that you can focus on achieving the goals of your business.
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