Bailey LLP

CANNABIS ADVISORY SERVICES

Focused on Yielding Success

The cannabis industry is evolving rapidly, with shifting regulations and growing competition at every stage of the value chain. Bailey.LLP’s dedicated Cannabis Advisory Services team provides specialized guidance for operators, distributors, investors, and service providers navigating this complex landscape.
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How Bailey LLP Can Help

In a highly regulated and fast-changing industry, the right advisory team is critical. Our professionals understand the cannabis sector, speak your language, and maintain strong relationships across the ecosystem.

We assist clients with:

  • Tax planning and compliance
  • Internal control design and implementation
  • Regulatory readiness and audit preparation

Our experience spans the full cannabis value chain from pre-licensing applicants and cultivators to dispensaries, manufacturers, and investment firms.

Core Services

African American Accountant Or Auditor

Assurance

Audit & Attest
Accounting Advisory Services

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Tax

Commercial tax Services
International Taxation Services
State & Local Tax (SALT)
Private Client Services 

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Advisory

Business Consulting 
Business Process Outsourcing
Strategy & Business Trasformation
Technology, Risk Advisory, and Cybersecurity (TRAC)
Transaction Specialty Solutions

Speciality Services

Valuations

  • Entity valuations
  • Share class valuations
  • License valuations

Accounting Advisory

  • Monthly, semi-monthly, quarterly, and yearly bookkeeping options
  • Financial projections and cash flow
  • Accounting system set-up and consulting regarding 280E bookkeeping needs
  • Cost allocation assistance Inventory costing
  • Business process improvements

     

Tax Compliance and Consulting

  • Preparation of tax returns
  • Structural review with consideration related to 280E and income streams
  • Tax structure and planning
  • State and local tax consulting, including sales and use tax
  • International tax consulting

Compliance Consulting

  • Internal control reviews
  • Regulatory financial compliance services
  • Projection reviews and assistance for license application process

Financial Statements

  • Audit
  • Review
  • Compilation management statements

Investor Education

  • Supplement writing

OoFE & Due Diligence

  • Buy-side
  • Sell-side

Cybersecurity

  • HIPPA compliance
  • Security concerns and consulting