Accounting, Tax and Advisory Services for the Cannabis Industry
7 Leaf CFOs are hyper focused on the cannabis industry. We specialize in cannabis accounting, cannabis tax services, compliance, growth and risk mitigation strategies. 7 Leaf CFOs are 280E tax savants.
Cannabis Focused Accounting Services
We give peace of mind to Cannabis CEOs. 7 Leaf CFOs are Accountants and CFOs that bring years of accounting, tax and business advisory services to the cannabis industry. We are cannabis accounting experts who can help CEO’s transform their business by increasing cash flow, enhancing margins, and improving business processes. Our cannabis focused accounting services provide the reliable information cannabis executives need to grow their business from start-up to mature business. We partner with both plant touching and non-plant touching businesses in the cannabis industry in legal markets nationwide.
As of January 2023, 39 U.S states allow medical cannabis and 21 states plus the District of Columbia allow recreational cannabis for adult use. Federal law continues to identify cannabis as a Schedule I substance, contradicting the legal status of cannabis at the state level. 7 Leaf CFOs track case outcomes, the latest in regulator landscape and the pace of impending changes to keep your cannabusiness in compliance at all times. We keep tabs on potential changes to state cannabis excise tax rates, sales tax rates, potency tax rates, cultivator tax rates and medical tax rates. Using this knowledge, 7 Leaf CFOs helps shape your business to plan for new compliance regulation, exponential growth opportunities and risk mitigation.
Our Services
Cannabis Accounting
Rock-solid accounting and bookkeeping that is audit ready 24/7, 365
CFO and Controller
CFOs and controllers that provide world-class financial leadership for cannabis companies
Cannabis Tax
Expert knowledge to help your company navigate the challenges of § 280E
New Business Start-Up
Payroll Services
Cannabis payroll processing specialists
Mergers & Aquisitions
Cannabis Accounting, CFO Services and 280E Tax Services
7 Leaf CFOs partner and collaborate with cannabis related companies across the industry including dispensaries, cultivators, processors, testing labs, and CBD/Hemp companies. Our experts implement world-class cannabis accounting and tax solutions to help companies navigate the dynamic business challenges of the industry.
At 7 Leaf CFOs, our 280E tax professionals know the Code. We have developed proprietary tools to help cannabis companies customize their 280E tax strategy and properly calculate inventory value. Following our strategies helps your cannabusiness legally reduce its tax burden and boost profits.
Our team is not an old-fashioned bunch of visor wearing “bean counters”. As are most people in the cannabis industry, we are passionate about the plant. We translate this passion into our work with our partner clients. The team at 7 Leaf CFOs will show you how to improve workflow, manage risk, and optimize profits. We’ll also help you establish financial controls, manage inventory and keep your books audit-ready. Our team utilizes on-demand resources to provide you with unparalleled strategic insights.
Request your complimentary consultation to learn how 7 Leaf CFOs can become your strategic partner.