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INDUSTRIES WE SERVE
SC industries we serve. Cannabis.

Tax strategy & compliance
for Washington’s cannabis industry

We help cannabis entrepreneurs and operators in Washington state navigate the complex tax and accounting landscape of the industry. Whether you run a dispensary, grow operation, processing lab, or provide services or software to the cannabis industry, we partner with you to build a trusted advisory and compliance team to keep your business growing.

Specialized CPA services for cannabis  businesses

Tax Compliance & Reporting

  • Federal & WA state tax return preparation
  • Return amendments, late filing, and protective claims
  • Third-party information reporting (1099s, 8300s, etc.)
  • Navigating 280E and state-level deductions
  • Sales, B&O, and use tax support

Tax Strategy & Planning

  • Cost of Goods Sold (COGS) optimization under 280E
  • Strategic structuring for expansion, partner buy-ins, or future sale
  • Multi-entity planning (e.g., IP licensing, real estate separation)
  • Personal, estate & trust tax planning

Business Advisory

  • Buy/sell structuring, due diligence, and partner buyouts
  • Strategic planning for multi-location operators
  • Succession and exit tax planning
  • Introductions to vetted industry professionals in our network
  • New partner tax & accounting education

Real Estate & Investment Planning

  • 1031 exchanges (where applicable)
  • Cost segregation studies
  • Tax planning for investment partnerships and syndications
  • Lender coordination & support

Who we work with

Licensed operators and supporting businesses in Washington’s cannabis industry, including:

  • Retailers (Dispensaries)
  • Producers (Growers)
  • Processors (Extractors, Infused Products)
  • Transporters and Distributors
  • Ancillary service providers (packaging, security, marketing, software, etc.)
  • Estimated New Client Fees: $20,000
  • Retailers (Dispensaries)
  • Producers (Growers)
  • Processors (Extractors, Infused Products)
  • Transporters and Distributors
  • Ancillary service providers (packaging, security, marketing, software, etc.)
  • Estimated New Client Fees: $20,000

Clients must have:

  • An engaged bookkeeper managing day-to-day records (if you don’t have one, we can provide a referral)
  • Be current with LCB, DOR, and payroll filings
  • A qualified attorney for licensing, structure, and contracts (if you don’t have one, we can provide a referral)
  • An engaged bookkeeper managing day-to-day records (if you don’t have one, we can provide a referral)
  • A qualified attorney for licensing, structure, and contracts (if you don’t have one, we can provide a referral)
  • Be current with LCB, DOR, and payroll filings

Our cannabis industry specialists

Thomas Jones

Tax Partner

Thomas provides tax advisory and compliance services for a broad specture of industries, including cannabis, retail & e-commerce, real estate syndications, transportation, healthcare, and tech startups. He has advised cannabis clients through restructuring to optimize 280E, planning for multi-location expansion, and strategic exits. He serves clients as a long-term, trusted advisor with a deep understanding of complex transactions and regulated industries.

Thomas Elliott

Tax Manager

Karry Hu

Senior Tax Associate

Let’s talk!

Let’s explore how we can help your business reach its goals and accomplish compliance.