Bowers CPAs is a trusted partner in the cannabis and hemp business. The Cannabis and Hemp industry is valued in the multi-billion-dollar range, and New York State is positioned to be one of the most lucrative cannabis markets in the United States. However, since the sale of cannabis remains illegal at the federal level, these businesses face unique tax implications. Bowers CPAs helps Cannabis and Hemp businesses navigate tax codes and implications, industry regulations, audit preparation, tax planning, business licensing, outsourced accounting services, and financial statement audits.