The cannabis industry is one of the most exciting and rapidly evolving sectors in today’s economy. But for business owners, it is also one of the most financially and legally complex. As a team of CPAs specializing in this industry, we’ve seen too many entrepreneurs struggle—not because they lack vision, but because they don’t have the financial guidance needed to navigate the complexities of cannabis taxation and compliance.
We believe cannabis entrepreneurs deserve the same financial clarity, strategic insight, and tax advantages as any other business. Our mission is to help our clients save hundreds of thousands, even millions, of dollars by ensuring their financial health, protecting them from unnecessary tax burdens, and empowering them with the tools to make data-driven decisions.
And as a team, we excel at this. In just the past 12 months, we’ve helped cannabis business owners save over $50 million—money that would have been lost to overpaid taxes, compliance missteps, and financial inefficiencies. Unfortunately, most of them didn’t even realize they were overpaying. That’s where Verdant Strategies comes in—identifying and correcting costly tax inefficiencies before they drain your bottom line.
Another hard truth is that authorities don’t always play fair. That’s why when the IRS or state agencies come knocking, we don’t just prepare paperwork—we defend our clients. Successfully navigating audits in the cannabis industry requires expertise, strategy, and a deep understanding of ever-changing regulations. Our job is to stand between our clients and unnecessary financial penalties, ensuring they are protected and fairly treated. This is why we’ve succeeded in reclaiming substantial amounts of money that our clients would have lost without proper guidance.
The chances are that a regular CPA won’t have the drive or the time to submerge in this regulatory puzzle as we do on a daily basis.
Financial Representation in Legal Disputes
Cannabis business owners often face legal battles, whether with partners, investors, or regulatory agencies. In these situations, accurate and defensible financial statements are crucial. We provide expert financial representation that strengthens our clients' positions, ensuring they have the evidence and credibility needed to protect their businesses and their investments.
At Verdant Strategies, we do more than just accounting—we provide financial leadership. Here’s how we help cannabis businesses stay profitable and compliant:
- Tax Optimization & Recovery
- Amending incorrect tax returns to reclaim lost revenue
- Structuring businesses to maximize allowable deductions
- Implementing proactive tax strategies to minimize liabilities
- Audit Defense & Compliance Protection
- Representing clients in IRS and state audits
- Ensuring financial statements are audit-ready and defensible
- Navigating licensing and regulatory challenges with confidence
- Fractional CFO & Strategic Financial Guidance
- Providing hands-on financial leadership without the cost of a full-time CFO
- Creating financial roadmaps to scale and sustain business growth
- Identifying profitability leaks and cost-saving opportunities
- Legal & Investment Financial Representation
- Strengthening financial positioning in disputes and investor negotiations
- Ensuring accurate valuations for mergers, acquisitions, and partnerships
- Providing due diligence support for funding rounds
More Than Accounting: Providing Financial Clarity and Strategy
Being CPAs in the cannabis industry isn’t just about crunching numbers—it’s about giving business owners the financial clarity they need to make meaningful, strategic decisions. We don’t just hand over financial statements—we analyze them, interpret the data, and provide actionable insights. We help our clients see the story behind the numbers, identifying opportunities for growth, efficiency, and profitability.
The cannabis industry is full of opportunity, but it’s also full of challenges: high tax rates, complex compliance requirements, and financial risks that most other industries don’t have to face. Our passion is turning those challenges into advantages.
