I’m a marijuana dispensary owner, I am responsible for thoUnited Statesnds of dollars of merchandise every single day; In order to keep our business alive plus thriving, I have to follow all of the rules plus regulations set forth by the state, and some of these rules plus regulations are obscure.
It is helpful to have a consultant or lawyer on retainer, just in case you have any questions, one of the best decisions that I made concerning the marijuana dispensary was hiring an accountant to handle all of our paperworkâ€¦ Each particular state has tax regulations plus laws concerning financials plus accounting within the marijuana business.
It’s crucial to have a marijuana consultant that can organize your finances plus comply with the business regulations, then the marijuana enforcement tracking reporting compliance is a very elaborate idea required by several medical marijuana states. This reporting plus tracking idea allows the government to monitor plus verify all of the cannabis inventory in a store. This means that cannabis companies can be tracked by the products that they are selling. The monitoring idea is harshly elaborate. I truthfully don’t understand much of it at all. That is the main reason why the two of us use an accounting firm for all of our business needs, then when you own a business appreciate this, it helps to have all of the safety precautions in line that you can have. I am not a math genius, so an accountant handles all of our crucial paperwork. I can consistently deny accountability because I don’t handle the paperwork. I can simply say I did not think what was going on.