Bgm

BGM is the preeminent accounting, tax, attest/assurance, and advisory firm solely serving the cannabis industry. Jim Marty, CEO, the nation’s leading cannabis accounting and financial expert, well-known speaker, and lobbyist, founded Bridge West. Cory Parnell, COO, provides technical and advisory services, including minimizing the effects of IRS 280E, inventory management and costing, cash management, and financial statements. Services 280E Mitigation BGM has been instrumental in developing comprehensive tax strategies to minimize the impact of 280E to improve the profitability and cash flow of cannabusinesses. Our cannabis tax professionals have significant experience with IRS and State 280E audits and our practice has expanded to over 600 cannabis, hemp, and CBD clients nationwide. Our professional advisors have close relationships with many of the top 280E attorneys in the United States. IRS and State Audit Assistance In Colorado many of the top licensed cannabis organizations have faced “random” Form 8300 audits at the whim of the IRS and completing the Form 8300 is not always clear. Cannabis and Hemp Advisory Services Our cannabis and hemp professionals have helped organizations address many challenges and issues resulting from being issued a new cannabis or hemp license, growth, market expansion, market competition, or other crises. We work closely with cannabis and hemp operators to identify and implement effective solutions to help them optimize profitability and growth, improve workflow and performance, and manage risk. Cannabis License Application Advisory Services BGM’s Cannabis Application Services Group, in partnership with Bridge West Consulting, can help your business navigate the cannabis licensing application process and set you up for success. Whether you focus on cultivating, processing, distributing, or retail, our experienced team can help. Business Valuation Our experienced advisors help cannabis organizations address a wide range of challenges