Cannabis Accounting
Services and Solutions

Get creative, holistic, and flexible cannabis accounting solutions that work for you.

How We Work at Morem & Waller, CPAs

It takes a village to build an unshakable foundation for your business.

That’s why our cannabis accounting services firm seamlessly blends licensed CPA expertise with essential professional services that set you up for continued growth and success. Here, you’ll find CFO services, controllers, and client advisory services (CAS) like bookkeeping under one roof — you won’t need to build your own team. This holistic approach is what makes us one of the leading cannabis accounting service providers in the Twin Cities, Minnesota, and across the U.S.

Our firm’s values are based on three principles

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Reputation

We are legally required to adhere to strict professional standards and ethics.

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Relationships

Our specialized knowledge and resources can help you save money and make better financial decisions.

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Responsibility

We stay up to date on the latest techniques and trends through continuing education.

Services offered by Morem & Waller, CPAs

Virtual CFO Services

Virtual CFOs are more than just an advisor. They charter the course of your business with longevity top of mind, seamlessly working with your staff and board of directors as they shore up your company for years of continued growth. Best of all, a virtual CFO comes at the fraction of the cost of hiring an in-house professional. Virtual CFO services can include:

  • Budget creation, analysis, and fine-tuning
  • Financial statement forecasting by quarter or year
  • Financial statement presentations
  • Cash flow forecasting

Controller Services

The knowledgeable and licensed team at Morem & Waller, CPAs understands the critical ins and outs of cannabis accounting. We ensure your business is in compliance with federal, state, and local tax laws, including all essential tax services like:

  • Tax preparation
  • Tax planning
  • Tax compliance
  • Tax filing
  • Appeals
  • Auditing and audit representation

Tax Services

Virtual CFOs are more than just an advisor. They charter the course of your business with longevity top of mind, seamlessly working with your staff and board of directors as they shore up your company for years of continued growth. Best of all, a virtual CFO comes at the fraction of the cost of hiring an in-house professional. Virtual CFO services can include:

  • Budget creation, analysis, and fine-tuning
  • Financial statement forecasting by quarter or year
  • Financial statement presentations
  • Cash flow forecasting

Bookkeeping Services

Client advisory services (CAS) like bookkeeping are the engine that keep your business running. Bookkeeping services can include:

  • Documentation
  • Sales tax filing
  • Accounts payable management
  • Accounts receivable management
  • Tracking business expenses

Accounting services packages

Layers of guided protection to help your business grow
Bronze
Businesses that are very comfortable with their accounting functions but need an extra set of eyes ensuring compliance
Silver
Businesses that have a bookkeeper but still need a support team to handle controller and compliance services
Gold
Businesses that want the entire accounting and finance function handled
Bookkeeping
  • Documentation
  • Sales Tax Filing
  • Accounts Payable / Bill Pay & Receivable Management
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Controller
  • Internal Control Handbook & Enforcement
  • Financial Compliance (280e)
  • Financial Reporting
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Tax
  • Tax Preparation
  • Tax Planning
  • Tax Compliance
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CFO
  • Financial Statement Presentations
  • Financial Statement Budgeting & Forecasting
  • Cash Flow Forecasting
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How can Morem & Waller help your business?

New Business

New cannabis businesses

My business is brand new or my company is launching in a newly legal state. I know I need the best cannabis accounting services from licensed CPAs — along with industry-leading HR, compliance, and client advisory services like payroll — to build the strongest possible foundation.

New Businesses Start Here
Scaling Business

Scaling cannabis businesses

My cannabis business has been around for a bit, and we’re growing quickly. The right time for formal accounting work was yesterday, but since there are no time machines (yet), today is the next-best day to start. We need a firm that can guide us, offer trusted advice, and make sound recommendations as we look to the future.

Scaling Businesses Start Here
Maturing Business

Maturing cannabis businesses

My cannabis, hemp, or CBD business has been operating for quite some time, and we’re ready to enter a new stage. We’ve worked with financial professionals before, but we’re searching for a new licensed CPA who has demonstrable experience taking businesses like ours to new heights.

Maturing Businesses Start Here

Elevating Social Equity Businesses in Cannabis

Morem & Waller, CPAs provides social equity businesses, both license applicants and ancillary companies, with the tools they need to build resilient, future-proof infrastructure. We invite social equity applicants to book a free, no-obligation consultation with us to learn more about your business and how we can help.

Book a 1-hour complimentary consultation
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Become a strategic partner of
Morem & Waller, CPAs

We are proud to partner with leading service providers, professional associations, and community
organizations in our industry who are dedicated to uplifting and advancing the cannabis plant.

Florea Procurement

Florea Procurement acts like a personal shopping expert for your cannabis business. The company leverages deep knowledge of procurement and cannabis operations to help Morem & Waller, CPA clients save money on everyday items like equipment and supplies. Clients benefit from Florea’s ability to find savings across an operation and how to negotiate better costs and improved service terms.

Parabola Center

This nonprofit think tank provides everyone with the education, access, and experience they need to support small businesses in cannabis.

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Morem & Waller, CPAs
fits your workflow

At Morem & Waller, CPAs, our flexible teams work with your preferred platforms, from Google Drive to QBO to Slack. Our main focus is to work with you, so there’s no need to switch systems or integrate new tools. We meet you where you are and optimize our processes to fit your needs.

Learn how We Work

Morem & Waller, CPAs is proud to be a partner of Xero Accounting Software

Xero is an online accounting program that is easy to use and will give you all the tools you need to run your business.

Cloud accounting is revolutionizing the way businesses do business. Intuitively designed and easy to use, it's a straightforward way to manage your business. Quite simply, cloud computing is the offering of applications and services over the internet, on-demand, as if it were installed locally. You can find out more at www.xero.com.

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Get State-Specific Cannabis Accounting Expertise

Use this interactive map to learn more about our cannabis accounting services in your state.

Accounting Services Beyond Cannabis

We may specialize in cannabis, but our team brings decades of combined experience in several specialized industries that require diligence, attention, and care.

Contact Us
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Cannabis Accounting Resources

Dive deep into the how and why behind all things cannabis accounting and financial services.

Read the Blog

Contact Morem & Waller, CPAs

Let’s get to work on your business’s sound financial health and continued growth.

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