Cannabis CPA Services Across Massachusetts

Statewide Cannabis Accounting Coverage

Cannabis businesses across the state face the same core accounting requirements — accurate inventory records, cost of goods sold calculated on a defensible basis, operational tracking data reconciled to the financial records, and financial statements delivered while they are still useful. What changes from market to market is emphasis: cost structure, transaction volume, purchasing patterns and how much production activity sits inside the business.

• Bookkeeping, reconciliation and a documented monthly close
• Inventory valuation and cost of goods sold supported by real purchase or production records
• Seed-to-sale and point-of-sale reconciliation to the general ledger
• 280E analysis and documentation retained with the period it supports
• Federal and Massachusetts tax preparation, plus payment planning across the year
• Financial reporting, budgeting, forecasting and CFO-level advisory support

How Remote Cannabis Accounting Works

Engagements are delivered remotely through cloud accounting platforms, point-of-sale and tracking system reports, and secure document exchange. That means an operator in Berkshire County receives the same monthly process as one in Greater Boston, with meetings held by video or phone and on-site visits arranged where a specific engagement calls for one. No physical office is maintained in the individual communities listed on this page.

Massachusetts Regulatory & Tax Context

Adult-use cannabis in Massachusetts is regulated by the Cannabis Control Commission under Chapter 94G, with regulations at 935 CMR 500 for adult use and 935 CMR 501 for medical use, and licensees record inventory movement in the state's seed-to-sale tracking system. Adult-use retail sales are generally subject to a 10.75% state cannabis excise tax and the 6.25% state sales tax, with a local option tax of up to 3% available to municipalities. Those amounts are collected and remitted rather than earned, and they belong in liability accounts rather than revenue. Rates and requirements change, so current rules should be confirmed against official sources and applied to the facts of the business.