Cannabis

Cannabis cultivators, manufacturers, transporters, and retailers continue to be challenged by effective tax rates which are higher than in any other industry. The prevalent complexity of the industry results in a challenging cannabis accounting and taxation environment. In fact, lack of adequate planning will affect your cash flow. IRC section 280E poses massive restrictions on deductible expenses, and if not managed by an expert could lead to series consequences from the IRS.

The cannabis industry operates within a dynamic framework of legal, regulatory, and financial challenges. Walker Advisory combines industry insights with financial acumen to deliver comprehensive solutions that align with your cannabis business objectives.

We partner with many cannabis clients, so you can rest assured that you are in good hands. We understand the nuances of the cannabis industry and dedicate ourselves to help you run and ethical and compliant operation. We take care of your business’ financial health so you can focus on shaping the future of the cannabis industry. Contact us to see all the ways we are helping our current clients, and how we can tailor our services to help you as well!

Walker Advisory wants to help you navigate this journey by freeing up your time and helping you
focus on:

1. Compliance and Regulatory Expertise:

With our experience, we help you navigate the intricacies of cannabis regulations. We take the time to stay on top of state and federal requirements to minimize legal risks and challenges.

2. Tax Strategy and 280E Optimization:

Lean on us and our expertise in this field to navigate the unique tax landscape. We develop strategies that can maximize your tax deductions and credits while aligning with IRS Code Section 280E.

3. Cost Accounting for Cultivation:

Keep track of your costs across the board for cultivation activities. We help analyze expenses, expand yield, and identify areas we can save costs.

4. Inventory Management:

Cannabis inventory tracking is key, we keep this process efficient and accurate. We ensure compliance with seed-to-sale tracking requirements and can help minimize inventory costs.

5. Cash Flow Management:

We are experts in analyzing cash flow patterns within the industry.We assist with cash flow management, maintaining liquidity, meeting your financial obligations, and capitalizing on opportunities for growth.

6. Financial Reporting for Stakeholders:

Prepare financial reports to provide insight to investors, lenders, and partners. We provide services that enhance transparency and keep you a credible player within your industry.

7. Capital Allocation Strategies:

Decisions based on data help you stay informed and ready for capital investments or expansion projects. Understanding how feasible a project is, what your funding options may be, and your potential return on investment can all be analyzed.

For Immediate Release: Exciting News! Walker Advisory has acquired Helming & Company P.C.

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