EisnerAmper Expands Hemp and Cannabis Practice
March 12, 2019
Strongly Positioned to Provide Business Advisory Services to Rapidly Growing Industry
With the signing of recent legislation, including the U.S. 2018 Farm Bill and the 2018 Canadian Cannabis Act, EisnerAmper anticipates the rapid expansion of the hemp and cannabis industry at the federal, state and international levels.
To meet this burgeoning demand, EisnerAmper has expanded its accounting, tax and advisory services to new and established hemp and cannabis companies, both domestic and international. The practice serves the entire range of companies in the industry from startup to exit. In addition, we provide proactive insight to help entities prepare for and adapt to regulatory changes and offer compliance services designed to meet annual governmental reporting requirements.
EisnerAmper experts are thoroughly knowledgeable on key issues, including IRC 280E and recent Tax Court cases, as well as FinCen guidelines.
“This is the fastest growing and most quickly evolving industry I’ve seen in my 35 years in business advisory services,” said Rick Frimmer, CPA and J.D., EisnerAmper Managing Director and Cannabis and Hemp Practice Leader. “What sets us apart is our practical experience having performed many engagements in this one-of-a-kind sector on behalf of both public and private companies. We know the landscape. We know the participants. And our lengthy track record of accounting proficiency and a client-centric approach is widely known.”
View more information about our Cannabis & Hemp practice.