Reducing Overheads in Cannabis: Navigating Missouri’s Utility Tax Exemptions
By David Smith, CPA, MBA, CM&AA As the cannabis industry continues to flourish in Missouri, a significant opportunity has emerged for businesses to achieve substantial…
The Financial Foundations of a Thriving Cannabis Business
Navigating the ever-expanding cannabis industry can be as exhilarating as it is challenging. Whether you’re just stepping into this world as a new licensee or…
Accounting Expert Insights on SAFER Act and Cannabis Industry Banking
Missouri Business Alert recently published an article on one of the cannabis industry’s most pressing concerns—limited access to traditional financial services. Providing expert commentary on…
Cannabis Banking in Missouri: Challenges, Progress, and the SAFER Banking Act
The cannabis industry in Missouri is growing rapidly, but cannabis businesses face a number of challenges, including accessing banking services. This is because marijuana is…
Accounting | Cannabis | News
Smith Patrick Cannabis Accounting Expert to Present at Lucky Leaf Expo, St. Louis, MO
Sarah Bantz, CPA, Shares Cannabis Accounting Expertise The leading cannabis expo, Lucky Leaf, is coming to Missouri on Oct. 6-7, 2023. Smith Patrick’s Sarah Bantz,…
Accounting | Cannabis | Consulting | Tax
Missouri Marijuana 2023 Tax Update: Rays of Hope
In a significant development for the cannabis industry, licensed marijuana businesses in Missouri are now permitted to bypass 280E for state tax filings. This new…
How Smith Patrick CPAs Is Guiding Missouri’s Cannabis Entrepreneurs through the Tax Maze
The Missouri cannabis industry is growing, and Amendment 3 has brought new tax deductions for marijuana businesses. Smith Patrick CPAs, a cannabis-focused CPA firm, is…
Accounting | Cannabis | News
Missouri Marijuana Entrepreneurs to Receive More Tax Deductions with Amendment 3, Explains Cannabis CPA Expert
Tax law is changing for the benefit of Missouri cannabis businesses with the passing of Missouri Amendment 3. Not only did this extend marijuana from…
Accounting | Cannabis | News
Sarah Bantz Joins Smith Patrick CPAs, Brings Cannabis Accounting Expertise
Bantz Brings Cannabis Controller Experience to Growing St. Louis Accounting Firm St. Louis, MO — Smith Patrick CPAs announces that Sarah Bantz, CPA, has joined…
Cannabis | Consulting | Tax
What to Expect During IRS Cannabis Audits
Cannabis Audit Procedures Revealed in Confidential IRS Document It’s been documented that the IRS looks closely at cannabis businesses. We’ll take a look at the…