Why Cannabis Companies Choose MGO
We’ve worked alongside the cannabis industry since its early days, giving us firsthand experience with the tax, regulatory, financial, and operational challenges cannabis businesses face. Whether you’re building your foundation or preparing for your next stage of growth, we help you make informed decisions with practical guidance backed by deep industry experience.
- Specialized tax planning: Section 280E creates unique tax challenges for cannabis operators. We help you evaluate available planning opportunities, manage multistate tax obligations, and develop practical strategies that protect margins while supporting compliance.
- Audit, financial reporting, and transaction readiness: Financial statement audits, quality of earnings analyses, and internal control support help you meet investor and lender expectations while preparing for capital raises, acquisitions, and other strategic transactions. Our experience includes supporting cannabis companies through public listings, M&A transactions, and evolving reporting requirements.
- Guidance for every stage of growth: Whether you’re launching a new operation, expanding into new markets, or preparing for a liquidity event, our professionals provide accounting infrastructure, outsourced accounting, advanced tax planning, valuation, transaction advisory, and financial reporting support tailored to where your business is today—and where it’s headed.
- Deep industry relationships and resources: Our longstanding presence in the cannabis industry gives us relationships with regulators, investors, and operators across the ecosystem. We help connect clients with resources, share practical insights, and navigate regulatory changes as the market continues to evolve.
Audit, Tax, and Consulting Services for Cannabis Companies
Cannabis Tax Compliance and Planning
Entity structure assessment, Section 280E mitigation strategies, sales and excise tax compliance, partnership allocations, revenue recognition, and state and local tax guidance designed to support compliance while improving tax efficiency.
Accounting Structure Design
Chart of accounts setup, inventory accounting, financial reporting infrastructure, and cash handling procedures that establish a strong financial foundation for growing your cannabis business.
Capital Raise and Financial Reporting
Financial statement audits, due diligence preparation, monthly reporting, quality of earnings analyses, and investor-ready financial reporting to help position your business for capital raises, acquisitions, and other strategic opportunities.
IRS Audit Defense and Tax Advocacy
Preparation and representation for IRS examinations, supported by documentation strategies and advocacy developed specifically for cannabis businesses navigating Section 280E and related tax issues.
Transaction Advisory, Valuation, and Public Company Support
IPO readiness, technical accounting, internal audit, M&A due diligence, transaction advisory, business valuation, post-transaction integration support, and public company reporting.
Operational Guidance
Banking introductions, cash handling procedures, operational resources, temporary staffing support, and practical guidance to help strengthen day-to-day operations as your business grows.
6th Annual
Impact Review
Cannabis 50
The Cannabis 50 is our annual list of individuals, organizations, entertainers, and others who made a positive impact on the cannabis industry in the past year.
This year’s honorees include Movers and Shakers like Good Day Farm and Wyld, Culture Shapers like Belushi’s Farm and Death Row Cannabis, and Up-and-Comers like Happy Munkey and Pure Beauty.
See our full list.
Cannabis Playbook:
Your Next Phase of Growth
MGO was one of the first national accounting firms to develop and provide targeted accounting, audit, tax, and consulting services to the cannabis and hemp industries. We have helped numerous cannabis companies with their go-public and liquidity transactions. Today, we provide industry-leading experience and a suite of solutions to help operators, regulators, institutional investors, and brands navigate the complexities of the cannabis and hemp industries.
Our Perspective, Your Benefit
Cannabis leaders ready to serve you
As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.
Scott Hammon, CPA
Industry Group Leader
Curtis Winar, CPA/CFF, CVA
Tax Partner
Sarah McGuire, CPA
Consulting Partner
Cesar Reynoso, CPA, MBA
National Public Company Practice Leader | Partner
Solutions Built for You
Private Company Audit
Deliver stakeholder confidence and identify opportunities to improve with an audit approach tailored to your needs.
Client Accounting Solutions
Benefit from a top-performing accounting function with tactical support.
Tax Advocacy and Resolution
Secure an optimal outcome in the event of an IRS tax audit with experienced guidance.
Transaction Advisory
When you’re buying or selling a business, every decision impacts value. We help you move quickly, focus on what matters most, and protect and enhance value at every stage of the transaction.
State and Local Tax
With varying regulations in every market, reduce exposure and maximize your opportunities to save.