Cannabis

BeachFleischman can serve entrepreneurs operating cannabis businesses throughout the United States. Our team of CPAs and advisors understands the intricate landscape of the cannabis industry. From regulation to risk, we help clients navigate change and prepare for the future.

Who We Serve

  • Ancillary Businesses
  • Cultivators
  • Dispensaries
  • Extractors
  • Investors
  • Manufacturers

Cannabis Services

  • Accounting
  • Audit and assurance
  • Business valuation
  • Business structure and entity selection
  • Cash flow, forecasts, and projections
  • Compliance and internal controls
  • Court-appointed receiverships/special master
  • Cybersecurity assessments
  • Forensic accounting and litigation support
  • Mergers and acquisitions
  • Operational consulting
  • State and local income/sales tax & protests
  • Strategic planning
  • Risk assessment
  • Tax planning under IRC Section 280E
  • Tax preparation
  • Turnaround management & restructuring

Cannabis-related Presentations:

  • The Importance of IT, Security and Compliance,” Marijuana Industry Trade Association, April 2021
  • Dealing with Disruption: After COVID-19,” 2020 National Cannabis Symposium, October 2020
  • Arizona Update: Growth on the Horizon,” 2020 National Cannabis Symposium, October 2020
  • Panel Discussion: Arizona’s Burgeoning Cannabis and Hemp Industry,” Arizona Society of CPAs Cannabis Special Interest Section, February 2020 (presentation and article)
  • A Friday Morning in the Weeds, Part II: Continued Discussions Regarding the Evolving Commercial Cannabis Arena,” State Bar of Arizona, November 2019
  • Grim Reefer: In the End, It’s About Collecting What is Due,” Arizona Department of Revenue, August 2019
  • Cannabis Receiverships – Stirring Up the Pot,” State Bar of Arizona 2019 Convention, June 2019
  • Hemp Me Hemp You Access Risk in Valuations,” Arizona Private Lenders Association, October 2018
  • Weeding Through the Risks,” Southwest Cannabis Convention, October 2017

Special Interest Groups:

  • Chairperson for the Cannabis Special Interest Section for the AZ Society of CPAs
  • Member of the Public Policy Committee of the Arizona Cannabis Chamber of Commerce
  • Education Advisory Board member of the Association of Certified Commercial Cannabis Experts
  • Member of the Arizona Cannabis Bar Association
  • Member of AICPA’s informal Cannabis Task Force
logo: AZC3
logo: ACCCE
logo: Arizona Cannabis Bar Association

Our Approach

We take a 360-degree view of your cannabis operations to help you capitalize on opportunities. Our bench strength provides you with the advantages of partnering with one trusted advisor backed by a team of cannabis industry advisors.

Our team consists of financial professionals with the following designations:

CPA – Certified Public Accountant, Arizona Board of Accountancy
ABV – Accredited in Business Valuation, American Institute of Certified Public Accountants
ASA – Accredited Senior Appraiser, American Society of Appraisers
CFF – Certified in Financial Forensics, American Institute of Certified Public Accountants
CGMA – Chartered Global Management Accountant, American Institute of Certified Public Accountants
CFA – Chartered Financial Analyst
CFE – Certified Fraud Examiner, Association of Certified Fraud Examiners
CBA – Certified Business Appraiser, Institute of Business Appraisers
CDBV – Certified in Distressed Business Valuation, Association of Insolvency & Restructuring Advisors
CIRA – Certified Insolvency & Restructuring Advisor, Association of Insolvency & Restructuring Advisors
CICA – Certified Internal Controls Auditor, Institute of Internal Controls
CTP – Certified Turnaround Professional, Turnaround Management Association
CCCE – Certified Commercial Cannabis Expert

What you can expect

We work collaboratively with Arizona cannabusinesses to help save taxes, preserve wealth, mitigate risk, improve accountability, enhance profitability, achieve compliance, and realize growth potential. When working together toward your success, you’ll find that we:

  • Enhance your ability
  • Make interactions easy
  • Recognize that success is personal
  • Impact the community

Resources you can access

BeachFleischman PC is based in Arizona and has offices in Phoenix and Tucson (Headquarters). We are Arizona’s largest locally-owned CPA firm and a “Top 200” largest CPA firm in the U.S. We serve over 7,000 private enterprises, nonprofit organizations, and entrepreneurs in the U.S., Mexico, and Canada, and provide accounting, assurance, tax, strategic operations & advisory services and litigation support services. BeachFleischman PC is an active member of the Leading Edge Alliance, one of the largest international professional associations of independently-owned accounting and advisory firms.

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