Sample chart of accounts for a legal marijuana business

BVWireIssue #172-3
January 25, 2017

During a recent free webinar, Jim Marty (Bridge West CPAs and Consultants) offered attendees a sample chart of accounts for a legal cannabis firm, and he is generously offering it to anyone who is interested. Marty’s firm was the first accounting firm in the world to focus solely on the cannabis industry and now has over 150 clients in this sector. His practice is based in Colorado, which allows medical marijuana and was one of the first states to legalize adult recreational marijuana. Marty and Ed Keating (Cannabiz Media) conducted the webinar Marijuana: Value Drivers and Valuation Issues to Know in 2017, and you can watch a replay of it free of charge.

Extra: Marty offers his marijuana business valuation expertise as a contributor to the BVR special report, What It’s Worth: Value and Business Challenges in the Budding Cannabis Industry. Keating’s company Cannabiz Media co-published the Marijuana Licensing Reference Guide with BVR. This guide provides the most comprehensive look at state-by-state marijuana licensing along with in-depth analysis of 10 critical factors that affect businesses in the cannabis industry.

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