Cannabis Accounting & CPA Firms by State
21 cannabis-specialized CPAs and accounting firms offering Section 280E compliance, COGS allocation, bookkeeping, business structuring, and IRS audit defense. Covering 7 cannabis-legal US states.
Why cannabis businesses need a specialized CPA
Under IRC Section 280E, cannabis businesses cannot deduct ordinary operating expenses from federal taxes. This can push effective tax rates above 70% of profit. Only Cost of Goods Sold is deductible - and maximizing legitimate COGS allocation under IRC Section 471 is a specialized discipline that regular CPAs rarely understand.
Cannabis CPAs by State
All Cannabis CPAs & Accounting Firms (21)
Calyx CPA
CPAs & Accountants
Calyx CPA specializes exclusively in cannabis and psychedelic businesses, offering tax preparation, planning, and IRS audit representation nationwide.
GreenGrowth CPAs
CPAs & Accountants
Expert CPA services for cannabis businesses - cultivators, retailers, and MSOs. Specializes in 280E compliance and scaling.
Cannabis CPA Tax
CPAs & Accountants
Boutique CPA firm serving small- and medium-sized cannabis and CBD companies across 19 states and DC.
MGO CPA
CPAs & Accountants
One of the first national accounting firms to develop targeted services for the cannabis and hemp industries.
HBK Cannabis Solutions
CPAs & Accountants
Accounting Today Top 100 CPA Firm with a dedicated team of cannabis industry subject matter experts.
CohnReznick
CPAs & Accountants
Top 25 national firm helping both plant- and non-plant-touching companies navigate cannabis accounting challenges.
The Canna CPAs
CPAs & Accountants
Cannabis-focused CPA firm with over 20 years of IRS representation experience serving dispensaries and cultivation operations nationwide.
Dark Horse CPAs
CPAs & Accountants
Modern CPA firm offering cannabis-specific tax planning, bookkeeping, and fractional CFO advisory services.
DOPE CFO
CPAs & Accountants
Cannabis accounting education, training, and services network. Founder speaks at AICPA National Cannabis Conferences.
Marcum LLP
CPAs & Accountants
Top 100 firm with 23 offices and a dedicated Cannabis Services Group.
MyCannabisAccountant
CPAs & Accountants
Accounting firm specializing in CPA services, tax preparation, and financial advisory for cannabis industry clients.
PK Cannabis
CPAs & Accountants
Cannabis-focused accounting and business consulting firm based in Texas.
Cendrowski Corporate Advisors
CPAs & Accountants
Corporate advisory firm with cannabis accounting specialization. Offices in Michigan and Chicago.
Your420Accountant
CPAs & Accountants
Cannabis-focused accounting and CFO advisory services for cannabis businesses.
Rehmann
CPAs & Accountants
Regional firm serving cannabis and hemp clients across Michigan, Ohio, and Florida.
Mindtrix Accounting
CPAs & Accountants
Cannabis-specialized accounting firm offering bookkeeping, outsourced CFO, and 280E strategy services.
Dope CPA
CPAs & Accountants
Cannabis accounting and CFO services focused on growth and compliance for operators.
Cherry Bekaert
CPAs & Accountants
Top 25 national CPA firm with a cannabis industry practice group.
Sax LLP
CPAs & Accountants
Top 100 CPA firm with cannabis industry expertise serving multi-state operators and license applicants.
BGM
CPAs & Accountants
BGM has guided 600+ cannabis businesses since 2009, one of the most experienced cannabis accounting firms in the US.
420 CPA
CPAs & Accountants
Serving cannabis businesses in Los Angeles and New York since 2009 with dedicated cannabis tax expertise.
Frequently Asked Questions
What does a cannabis CPA do differently than a regular accountant?+
Cannabis CPAs specialize in Section 280E compliance, which prohibits cannabis businesses from deducting ordinary operating expenses. They focus on maximizing Cost of Goods Sold (COGS) allocation under IRC Section 471 - the only legitimate path to reducing cannabis federal tax liability. Regular CPAs typically lack experience with cannabis-specific inventory accounting, dual-entity structuring, or IRS audit defense for plant-touching businesses.
How much does a cannabis CPA cost?+
Cannabis CPA fees vary by business size and scope. Expect higher rates than standard accounting due to the specialized expertise, audit risk, and compliance complexity. Monthly bookkeeping for a small dispensary typically ranges higher than standard business bookkeeping, and specialized 280E tax planning, COGS allocation reviews, and IRS audit defense are billed separately. Ask for an engagement letter that breaks out ongoing bookkeeping from tax preparation and planning.
Do I need a CPA if cannabis is getting rescheduled to Schedule III?+
Yes. Section 280E only applies to Schedule I and II substances, so rescheduling to Schedule III should eliminate the 280E burden for federal taxes. However, the transition itself requires careful planning. Cannabis businesses may be eligible to amend prior year returns, and state-level tax rules (which often decouple from federal law) remain complex. A cannabis CPA is essential during the transition period to ensure you do not leave legitimate tax savings on the table or create new audit exposure.
What should I look for in a cannabis CPA?+
Look for: explicit Section 280E experience, familiarity with state-level decoupling (California, Colorado, Oregon), experience with cannabis audits and IRS examinations, knowledge of dual-entity structuring strategies (CHAMP-style), proficiency with METRC and seed-to-sale tracking data, and a clear understanding of IRC Section 471 inventory accounting. Always ask for references from other cannabis clients.
Are the CPAs on CannaBizGuide vetted?+
CannaBizGuide lists cannabis-focused CPA firms based on publicly stated cannabis practice areas, published credentials, and firm websites. We do not take payment for listings and we are not affiliated with any firm. We recommend always doing your own due diligence: verify state CPA licensing, ask for references, and review engagement terms carefully before hiring.