As state cannabis regulations come online, entrepreneurs seeking longevity in this industry need to make absolutely sure they strategize their business accordingly. Particularly in the state of Michigan, where — after years of an unregulated, caregiver/patient-based marketplace — commercial regulations finally came online last December, medical cannabis business owners are facing new requirements on their path towards a state-issued license.

One such requirement facing Michigan’s cannabis companies is a financial review process which, according to CPA Kareyna Miller, could easily evolve into a financial audit requirement — so last December, Miller founded LC Solutions Michigan PLLC to help cannabis entrepreneurs down the path towards licensing and success.

LC Solutions Michigan is the state’s first patient- and woman-owned, cannabis-focused accounting firm.

“Once clients start talking to me, they understand my background and they understand that I have been a part of this on a personal end,” said Miller, who first joined Michigan’s industry as a medical cannabis patient in 2011.

LC Solutions Michigan offers an extensive and diverse set of financial services — these include corporate bookkeeping, the setting up and management of new accounting systems, cloud record management, employee payroll, tax filings, and more. LC Solutions also offers consulting services that help cannabis entrepreneurs establish a strong financial foothold for their company, including costs accounting, start-up business planning, and preparation for state-issued audits and financial reviews.

“I understand cannabis, I’ve seen and been a part of patient grows. It’s a very unique industry and a unique set of people who are a part of it, and I’m not just somebody in a suit trying to get into this industry,” Miller said. “I’m very proactive, and I want to make this an accepted and legitimate industry here in Michigan.”

Miller founded LC Solutions Michigan to help cannabis entrepreneurs succeed — but it wasn’t her earliest effort to help members of the cannabis community. During Michigan’s initial years as a purely patient/caregiver-based marketplace, Miller also published a series of tutorials and articles under the platform LCS Accounting Online, where she offers tips, advice, and tutorials to help caregivers satisfy their own accounting needs.

And, while Miller is happy to help medical cannabis caregivers stay afloat in this emerging industry, the driving force behind these guides are the patients who rely on those caregivers and their ability to provide trusted, safe medicine. “Protecting patients and making sure they have what they need — that is the most important thing,” she said.

To learn more about how LC Solutions Michigan can help with your financial accounting needs, visit the company website at LCSolutionsMichigan.com or inquire via email at info@lcsolutionsmichigan.com.

 

Do you own a cannabis industry business? Create a listing in our directory and get discovered by new clients - Click Here
.

Tags: | Categories: Cannabis Press Releases

Learn about cannabis businesses:

View the directory | Get featured here

  • CannaPlanners

    CannaPlanners is a full service design and web agency, dedicated to normalizing the cannabis industry through professional and beautiful design services. From logos to packaging design, trade-show materials to t-shirts and hats - we've got all your creative needs covered. Our turnkey WordPress site builder allows for great-looking sites at affordable rates. Let our creative team tell your story!

  • Mac & Fulton Talent Partners

    Mac & Fulton Talent Partners is the premier recruiting agency for the indoor gardening and cannabis industries. For our client companies and candidates, M&F takes on the role of trusted partner and advisor in the development of long-term relationships. To this end, M&F's approach to recruiting and staffing in the cannabis space is founded on the understanding that our success is always determined by yours.

  • Ganja Law, PLLC

    Ganja Law, PLLC is the industry's one-stop legal expert, defense, and a leading source of knowledge. Our firm will handle your legal and/or business issues from seed to sale and all points in between. Should the issue be licensing, compliance, MED consulting, criminal defense, investment related, or industry related such as cannabis business law and specialized contracts, we will get the job done.

  • Steep Hill

    Steep Hill is the world's leading cannabis science and technology company with significant footprints in lab testing, research and development, licensing, genetics, and remote testing. No other company brings these sectors into one synergistic whole. With the goal to provide "best practices" in cannabis testing, we provide expert consulting services to legislators and regulators in many countries around the world. Steep Hill: Leading the Science of Cannabis. Globally.

  • Dispensary Permits

    DispensaryPermits.com offers “seed to sale” consulting services with hands on support to medical marijuana entrepreneurs. Whether you are looking to break into the industry or you have previous experience with owning or operating a dispensary, cultivation, manufacturing or testing facility; our custom crafted solutions provide support and guidance for both novice and expert medical marijuana entrepreneurs.

  • HappyChap Creative

    An upstart design/build/create/help/strategize agency based in the Pacific Northwest. We help good people & companies get the recognition they deserve through clever, honest communication and the right look. We love working with cannabis brands who set a high bar for quality and who emphasize the positive impact that cannabis legalization will have on the world.

  • Portable Smoke

    Portable Smoke is your online destination for purchasing portable discreet items for your smoking needs. We recognize that smoking may be a discreet and a recreational activity to participate in alone or with trusted friends. As a result, we specialize in selling grinders and bowls that you can hide right under everyone’s nose.

  • CannaSafe Solutions

    CannaSafe Solutions is the one-stop-shop for all the safety needs of your cannabis growhouse, dispensary, lab, or edibles manufacturing facility. We provide all of the safety equipment and apparel you need to protect your employees, your plants, and your business.

  • MarijuanaDoctors.com

    MarijuanaDoctors.com was founded as the trusted gateway for patients searching for medical marijuana treatment in legal medical marijuana states. We provide patients visibility and transparency in selecting a doctor and setting an appointment for a medical marijuana evaluation including detailed profile information, scheduling information, and ratings and reviews.

  • Moriconi Flowers Ltd.

    Moriconi Flowers Ltd. is a law firm dedicated to applying decades of legal expertise to the emerging commercial and medical cannabis and hemp markets in the United States and abroad. Building off of careers in commercial litigation, transactional debt instruments, oil and gas regulation, liquor licensing, insurance coverage, and catastrophic loss, the attorneys at Moriconi Flowers Ltd. routinely navigate regulated markets.

  • Precision Extraction Solutions

    Precision® Extraction Solutions is the industry leader in cannabis extraction equipment, training and consulting. Precision® extraction systems are world renowned for quality, safety and precise operation. Costing half of comparable CO2 systems, with nine times more efficient processing, more award winning concentrates are made with Precision® than any other brand.

  • 4blooms

    4blooms is San Diego’s first marijuana-specific marketing agency. The agency works with businesses involved in all aspects of the cannabis industry across the U.S., from growers to dispensaries to smoke shops. The team’s deep experience in web development, design and marketing makes 4blooms able to handle all aspects of business operations.

Looking for a career in the cannabis industry?

Upload your resume and get discovered by industry recruiters for only $1/month

Post Your Resume View all jobs

Recent Job Postings

Additional resources:

Cannabis Books

Learn about the endocannabinoid system & more!

Cannabis Stocks

Find publicly-traded cannabis & hemp companies

Medical Research

Explore our library of medical cannabis studies

Subscribe for daily cannabis news, announcements, and business insights.

Stay informed about the latest cannabis industry news, policy progress, and business developments.