Every niche industry has niche guidelines, and the cannabis industry is no exception. From tax codes to inventory accounting to general best practices, every niche has its own nuances that any tax professional needs to understand before taking on niche clients or opening a niche practice. For cannabis businesses, for example, a proper inventory accounting can save a savvy business on taxes as can GAAP cost accounting methods.

Join this webinar to learn tips and tricks and get a playbook from an industry expert for entry into the fast-growing niche industry!

Learning Objectives:

• Evaluate the outlook on capital markets for this niche


• List best practices on systems, controls, and managing your inventory IRS relevant tax codes, including IRC 280e and 471


• Identify why inventory accounting is so important


• Define various verticals and related inventory accounting for each


• Recognize “GAAP” cost accounting and why it is the key to paying lower taxes


• Evaluate how to get into the cannabis niche and gain all required tools, systems, and knowledge in under 90 days