About the firm

An Arizona CPA Practice Built Only for Cannabis

Arizona establishments operate under a federal tax code written to penalize them, a state tax structure that splits medical and adult-use sales, and inventory records where every gram is auditable. We built this practice around those facts.

Two advisors reviewing cannabis financial documents together in a dark advisory office overlooking a city at dusk
Advisory work, not posed portraits — most of the value is in the review, not the meeting.

How we practice

  • Inventory is the whole game

    Under IRC 280E, cost of goods sold is the only deduction a plant-touching business reliably keeps. We build a costing system first — absorption rates, production orders, landed cost — because every downstream number depends on it.

  • Books that survive an examination

    We maintain documentation as if an IRS or Arizona Department of Revenue examiner will read it, because increasingly one does. Allocation methods are written down, applied consistently period over period, and seed-to-sale inventory ties to the general ledger every single month.

  • Specialists, not generalists

    We do not take non-cannabis engagements as filler. The Arizona regulatory surface — ADHS establishment rules, ADOR transaction privilege and excise tax, and federal 280E enforcement — moves often enough that part-time attention produces expensive mistakes.

  • Operator-usable reporting

    Financial statements matter, but so do gross margin by SKU, yield per square foot and cash conversion. We deliver reporting a management team actually runs the business on.

What an engagement looks like

Most relationships begin with a diagnostic. We read your chart of accounts, your last two filed returns, your seed-to-sale inventory data and the costing method actually in use. That review nearly always surfaces something quantifiable: production cost expensed instead of capitalized, the 16% adult-use excise tax sitting inside reported revenue, or transfers between commonly owned Arizona entities priced with no support behind them.

From there we scope the ongoing work: monthly close and reconciliation, TPT and excise filings through AZTaxes.gov, quarterly tax planning and estimates, annual returns, and where it earns its keep a fractional CFO cadence for budgeting, lender packages and license transactions. Documentation standards do not change with client size.

Supporting dual-licensed Arizona cannabis establishments statewide — Phoenix, Scottsdale, Mesa, Tempe, Chandler, Glendale, Gilbert, Peoria, Surprise, Goodyear, Queen Creek, Tucson, Flagstaff, Prescott and Yuma. Engagements run remotely with secure document exchange, with on-site inventory and controls work where an operator needs it.

Schedule a consultation

Consultation

Speak with an Arizona cannabis CPA

Bring your ADHS license types, current books and open TPT or excise filings. We will tell you what needs to happen first and in what order.