Industries
Cannabis Accounting by Nevada License Type
A Las Vegas dispensary, a Reno cultivator and a testing laboratory share a regulator and almost nothing else financially. Cost structure, inventory rules and tax exposure differ by license, and so does the accounting we build.
Industries we serve
Dispensaries
POS reconciliation, resale COGS and 10% retail excise support for licensed Nevada dispensaries.
Cultivators
Cost capitalization, yield tracking and 15% wholesale excise tax accuracy for Nevada growers.
Manufacturers
Bill-of-materials costing and yield accounting for Nevada cannabis extraction and processing.
Infused Product Manufacturers
Recipe costing and kitchen cost-pool accounting for Nevada cannabis-infused product makers.
Distributors
Custody tracking, transport cost accounting and excise tax timing for Nevada cannabis distributors.
Testing Laboratories
Equipment depreciation and non-plant-touching tax treatment for Nevada cannabis testing labs.
Cannabis Brands
Royalty revenue recognition and licensing agreement accounting for Nevada cannabis brand companies.
Ancillary Cannabis Businesses
Ordinary deduction accounting for Nevada consulting, security, packaging and real estate firms serving cannabis clients.
Multi-State Operators
Consolidated reporting and intercompany allocation support for multi-state operators licensed in Nevada.
Consultation
Speak with a Nevada cannabis CPA
Bring your CCB license types, current books and open Department of Taxation deadlines. We will tell you what needs to happen first and in what order.