Cannabis Compliance 101 for Accountants
Learn how to build compliance into your client's cannabis operations
If you're in cannabis, you're in compliance.
Cannabis regulation is expensive.
The average cannabis business will spend an average of $200,000 per year on compliance.
Cannabis fines for non-compliance can range anywhere from $500 to $30,000.
That's a lot of money for being non-compliant.
Cannabis Regulation is Overwhelming.
The constantly changing compliance and regulatory requirements in the cannabis industry are overwhelming. There are too many license types, regulatory bodies, deadlines, and a new state cannabis tax structure.
Accounting and corporate governance has never been as critical for cannabis businesses as today. With high barriers to entry, massive costs of compliance, coupled with 280E, cannabis businesses need the right team of advisors to guide them through how to implement cannabis compliance effectively into their business.
My name is Simone Cimiluca-Radzins, and my expertise is in business strategy, finance, risk management, and business process improvement. I have improved business operations for hundreds entrepreneurs and CEOs in the United States, Latin America, Western and Northern Europe, and the Asia Pacific region. With an emphasis on cash flow management, corporate governance, and team building, I take a strategic approach to helping clients solve business and operational problems.
Frequently Asked Questions
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Make Cannabis Compliance your Competitive Advantage