Marijuana Business Magazine January 2019

Marijuana Business Magazine | January 2019 14 I’ve been using a bookkeeping service called Natural Numbers, and they have been fantastic. They’re very familiar with everything—in particular the ramifications of understanding 280E. They’re super responsive. And they’re really a full-service firm, in that they do bookkeeping but they also do things like payroll—which I use them for, because I had trouble finding a payroll company that was willing to do cannabis. PICK Natural Numbers—Seattle and Ventura, California JAMES LATHROP CEO, Cannabis City, Seattle It provides a lot of flexibility with payroll and all the components of managing our day-to-day accounting needs. It’s easy to generate reports, so we always know where our business stands, and it allows us to pay our bills online, which is a great feature to streamline how we operate. JOSH WEAVER CFO, Sanctuary ATC, Plymouth, New Hampshire PICK QuickBooks by Intuit E ach month, we survey a group of marijuana industry executives and ask them to share a favorite item—such as a strain, top-selling product or edibles ingredient. We welcome your suggestions for topics. Email us at [email protected] . This month, we’ve asked executives about their favorite accounting firm or software. My Favorite Things | Omar Sacirbey MIKE JAMES CFO, Terra Tech, Irvine, CA We’ve formed a really good partnership with Marcum. From dealing with the audit to the tax, to the Sarbanes-Oxley Act, Section 404 compliance, they’ve been a very good partner. We just switched to them. This is our third accounting firm; each firm that we’ve gone to, we’ve gone up a level. The other ones did a great job, but we’re now at a different level, and the service that they provide has been excellent. PICK Marcum—New York City with offices nationwide