Cannabis Startups

Being a startup is challenging; however, being a startup in a relatively new industry surrounded by an uncertain economic environment and complicated regulations? Well, that can be anxiety-inducing! At Maqboul Advisors PLLC, we specialize in working with cannabis startups. The whirlwind of challenges that cannabis industry businesses face every day can be overwhelming. We make it our business to help our clients traverse the stormy waters of compliance as they maximize profits while fulfilling their passion of being a part of a rare market opportunity.

Our Canton, MI based CPA firm has been growing startups for many years and we know the initial and ongoing challenges of the cannabis ecosystem. The landscape is ever-changing and evolving, the rules vary from state to state, and the industry is the most audit-prone field in our recent history. Superior focus, attention to detail, and awareness of the current compliance and regulatory affairs is essential. That’s where a specialty accounting firm like ours comes into play.

Startup Structuring

Call us today at (313) 415-5702 so that you can learn more about how our services can directly benefit your growing business or to request a consultation. We look forward to speaking to you!

Help starting a cannabis business:

• Entity selection for cannabis organizations
• Establishing relationships with banks
• Accounting software setup including chart of accounts
• POS system implementation and seed-to-sale tracking
• Budgeting
• Strategic tax planning
• Federal and state tax compliance
• Cost allocation and cash maintenance