Smith Patrick CPAs has been voted “Best Accounting Firm in Missouri” by Greenway Magazine in its Reader’s Choice Best of the Industry Awards. Smith Patrick is located in St. Louis.
Greenway Magazine is dedicated to the regulatory and political climate and culture of the cannabis industry in Missouri. Each year, Greenway asks readers to submit nominations for those leaders, companies, brands, products, and businesses they have deemed to be the Best of the Industry. When voting ended, over 10,000 votes were cast in the Best of the Industry Awards.
“The conflict between Federal and State laws is extremely complex. It requires a high level of understanding to be successful,” said David Smith, president & CEO, Smith Patrick CPAs. “MMJ businesses are also at risk for audits, so it’s key that record-keeping is a priority.”
Cannabis Industry Accounting
SmithPatrick has been at the forefront of the Missouri Cannabis industry, serving on the board of the Missouri Medical Cannabis Trade Association and testifying before Missouri legislators on tax-related cannabis issues.
In addition to offering resources related to taxes, the accounting team at St. Louis-based Smith Patrick CPAs offers specialized Cannabis Accounting and Business Advisory Services including business plan development, cash flow analysis and cash management, and tax strategy planning.
The firm works closely with MMJ business owners to provide personalized business guidance. Team members follow developing legislation and rules, including Smith testifying before Missouri legislators on behalf of the cannabis industry.
“We work with operators who value our guidance and want to be the best in their market. While we certainly offer traditional CPA services of accounting, tax, and financial statement preparation, we go beyond our in-depth involvement and deep client relationships,” said Smith.
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