Cannabis Accounting

As a DOPE CFO VIP Member we provide rock solid cannabis accounting and tax solutions for a wide range of businesses in the cannabis and CBD/hemp industry. There’s no smoke and mirrors here… our proven methods are based on real-world industry experience, solid knowledge, and a passion for our clients’ success. What that translates to for our clients are attributes like easier access to investor capital, a better handle on day-to-day as well as long-range business management, navigating state or federal audits with confidence, and improved cash flow. That means as a business owner more money stays in your pocket, you’re better able to manage and grow your business the way you want to, and you can benefit from the peace of mind that comes with long-term stability and sustainability in a dynamic industry with ever-changing tax regulations.

As a DOPE CFO VIP Member, we pride ourselves on cultivating long-term professional relationships with every client we serve. From brand new startups to well-established businesses, our goal is to provide the industry-specific accounting and tax services that you need to grow your business with confidence and sustainable success.

  • Your accounting and bookkeeping records will always be up-to-date, accurate, and compliant with state guideline

  • Everyone from growers, dispensaries, and testing labs to manufacturers, distributors, and investors, we’ve got you covered.

  • As a DOPE CFO VIP Member we are a part of a group that are the national leaders in accounting and tax for cannabis and CBD/hemp Businesses

  • Guide your company through the intricacies of how to reduce tax liabilities while styling on the side of the law.

It’s no secret that cannabis & CBD/Hemp businesses face a set of unique accounting challenges that other businesses simply do not experience or understand. From the difficulty of finding an accounting professional with experience in the industry to day-to-day tracking of sales, navigating cannabis tax laws, and dealing with the higher potential of being audited, business owners in the cannabis industry need a DOPE CFO VIP Member in their corner.

Here at Tame the Grey Management Services, we understand the cannabis & CBD/Hemp industry and the associated obstacles that cannabis business owners must overcome to cultivate and grow a successful cannabis business. When you work with a DOPE CFO VIP Member you will soon see that we are not only qualified to manage accounting and bookkeeping needs in the industry, but we care about more than just the numbers. It is our goal to work hard for you to provide the accounting “must-haves” like important financial data; however, we also show you how to use the numbers to make smart business decisions that will nourish your business and help it bloom. We will make managing your day-to-day financial operations easier and reduce the stress associated with tax compliance for cannabis business owners.

Cannabis accounting and bookkeeping:

  • Specialized accounting and bookkeeping

  • Assistance forming a legal business structure

  • Tax compliance and planning

  • CFO services

  • Audit-ready financials

  • Inventory management solutions

  • Supply chain management

  • Monthly reconciliations of POS data

  • Reconciliations of seed-to-sale tracking systems

  • Bank reconciliations

  • Record monthly transactions

  • Review general ledger and reconcile balance sheet accounts

  • Evaluate and refine internal controls

  • GAAP cost accounting

  • Prepare and file sales tax return

  • QuickBooks support

  • Payroll services