MGO CPA | Tax, Audit, and Consulting Services

Cannabis

Your potential is boundless, but every day brings new challenges. We understand where you’ve been and where you want to go. With a combination of experience, resources, and passion for growth, we’re here to power your success.

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Cannabis

Your Obstacles Are No Match for Our Solutions

STABILITY IN A BRAVE NEW WORLD

As a cannabis business leader, you understand there is more at stake than numbers underlined in red or black. You’re the vanguard of a paradigm shift that sees equal value in justice, transparency, and genuine connection to the culture.

There is no room for error in this competitive and heavily regulated marketplace. We are here to guide you into the next era of growth with a combination of accounting and financial precision, and an understanding of the human side of organizations risking it all to be pioneers in an emerging sector.

We support clients throughout the cannabis value chain with IRC 280E tax planning, audit services, accounting support, and everything else an operator needs to grow. Whether you’re just getting started, or looking to expand your presence, we’ll help align financials, operations, and social impact toward one singular goal: building an organization that thrives.

We serve
400+

cannabis, hemp, CBD and ancillary clients

All verticals

including cultivators, retailers, distributors, manufacturers, and ancillary companies

Legal markets

throughout the U.S. and select global markets

Solutions for Every Stage of the Cannabis Lifecycle

Launch and Grow

Accounting Structure Design

  • Chart of Accounts, controls and reporting 
  • Inventory accounting 
  • Financial reporting

Cannabis Tax Compliance 

  • Entity structure assessment 
  • Sales and excise tax payments 
  • 280E mitigation strategies

Operational Guidance 

  • Introductions to resources 
  • Help obtaining banking services 
  • Cash handling procedures and controls 
  • Temporary staffing 
Build Value

Raising Capital

  • Due diligence preparation 
  • Financial statement audit 
  • Monthly reporting 
  • Revenue / EBITDA optimization 
  • Quality of Earnings (QoE) reports

Advanced Tax Planning

  • Partnership allocations 
  • Indirect tax support 
  • Exemptions and deductions 
  • Revenue recognition 
  • Transfer pricing 
  • International tax support 
  • State and local tax guidance 
  • IRS audit preparation and defense 
Transaction Support

Public Company Services

  • IPO readiness 
  • Financial statement audit 
  • Technical accounting 
  • Internal audit 
  • ESG advisory

M&A Support

  • Due diligence 
  • Valuation services 
  • Integration support 
  • Tax impact analysis 
  • Entity restructuring 
  • Report for foreign investors 

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.

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Cannabis-50_impact-review_6th-annual

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.

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Cannabis Insights for Smarter Business

Industry Group Leader Scott Hammon spends time in both the cannabis and tech practices. While they might seem very different, both industries have seen rapid growth and are getting into new situations that don’t have analogies to core tax or accounting situations.

Industry Group Leader Scott Hammon speaks to the importance of communication. When working with clients, he makes sure to communicate insights in a way that’s meaningful and actionable.

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.

Solutions Built for You

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Private Company Audit

Deliver stakeholder confidence and identify opportunities to improve with an audit approach tailored to your needs.

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M&A Tax Planning

Whether you’re buying or selling a business, you deserve to enjoy the benefits of your transaction. We’ll help isolate risk and maximize return so both parties leave the deal satisfied.

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Transaction Advisory

Whether you’re buying or selling, you need to capitalize on every opportunity to maximize your return. With our support you can manage risk and uncover opportunities through every stage of the deal.

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State and Local Tax

With varying regulations in every market, reduce exposure and maximize your opportunities to save.

Your Goals are our Passion

Share your goals with us and we’ll help you achieve them.