Cannabis Inventory and IFRS Biological Assets – Inventory Records

As cannabis companies continue to move to the public markets in Canada, high quality inventory records become much more important. Not only is there greater disclosure and scrutiny of financial information, but International Accounting Standard 41: Agriculture (IAS 41) requires additional computations on biological assets (plants and all inventory derived from those plants) to bring […]

Mid-Atlantic Dispensaries

The Mid-Atlantic region of the US is a little bit confusing when it comes to cannabis laws. First and foremost, Washington D.C., the only state in this region that’s actually legalized the use of the plant for recreational purposes, can be difficult to navigate. As of now, you can’t buy the plant from a local […]