Understanding State-Level Cannabis Tax Pressure
Tom Andersen2025-07-09T10:31:31-07:00No one enjoys paying taxes. People in the cannabis industry enjoy paying them even less, as cannabis tends to be [...]
July 9th, 2025 – Press Release – NCIA Committee Selections – Bruce and Thomas Andersen
Tom Andersen2025-07-09T10:41:27-07:00Thomas Andersen selected to be a member of the NCIA State Regulations Committee; Bruce Andersen CPA, selected to NCIA Banking [...]
What’s New in Cannabis Accounting This Year?
Tom Andersen2025-07-07T15:02:50-07:00If you are in the cannabis industry, it would behoove you to stay abreast of cannabis accounting updates. It's the [...]
California Cannabis Tax Guide: 2025 Edition
Tom Andersen2025-07-24T10:54:23-07:00Key Points California is decoupled from 280E, allowing state tax returns to take the same deductions as any other industry business. California [...]
New Mexico Cannabis Tax Guide – 2025
Tom Andersen2025-07-24T10:26:53-07:00Key Points New Mexico cannabis retailers must pay a statewide excise tax and location-specific Gross Receipts Tax (GRT). Excise tax rates are [...]
What Investor-Ready Cannabis Financials Actually Look Like
Tom Andersen2025-06-25T21:50:35-07:00The cannabis industry is a bit of a paradox: the central product encourages relaxation and conjures words like “chill” and [...]
What It Takes to Cut It as a Cannabis CFO
Tom Andersen2025-07-03T16:07:25-07:00By Thomas Andersen, Cannabis CFO, Who’s Sat in the Operator Chair and the Investor Room, as first seen posted on [...]
What Your CPA Should Already Be Telling You About 280E
Tom Andersen2025-06-18T23:23:25-07:00In our previous article on what cannabis CPAs look for in an operator, we discussed the risks of a cannabis [...]
3 Red Flags that Scare off Cannabis Investors (and How to Fix Them)
Tom Andersen2025-06-18T11:20:22-07:00Whether you’re a startup looking for pre-seed funding or a multinational company seeking Series C+ funding, your cannabis operation will [...]
IRS Audit Red Flags: 5 Cannabis Finance Missteps
Tom Andersen2025-06-17T10:15:29-07:00Being audited is like being pulled over by the police: even though you’re sure you haven’t done anything wrong, you [...]