Empowering cannabis business growth from seed to sale
As a sector in an ongoing state of change, the cannabis industry faces a challenging economic environment and a complex regulatory landscape that affects every aspect of its operations. As a result, growth objectives must be carefully balanced against ever-evolving industry standards, cost considerations, and commercial strategy.
BDO offers end-to-end solutions for cannabis operators to build their brand value and gain a competitive edge that drives scale. Our services, tailored specifically to the cannabis industry, assist operators in adopting environmental, social, and governance (ESG) procedures, business process enhancement, government incentive opportunities, technology enablement, and leveraging market data to anticipate consumer trends. Additionally, with driving long-term stakeholder value as a core principle, we help build the operational and financial certainty to fuel growth.
Featured insights and offerings for the cannabis industry
Resources to support your business
Cannabis industry trends
The 2022 Lift & Co. Cannabis Expo in Toronto—Canada's premiere event for cannabis consumers, professionals, investors, and media—shone a light on noteworthy trends that impact all industry stakeholders.
2022 global expansion cannabis conference
Our conference included a line-up of cannabis executives and leaders, each bringing their insights into the market, perspectives on current trends, and outlooks on global expansion as the industry continues to develop. Watch now.
Guidance and advice that service the cannabis industry
The lean finance departments of today require external support, knowledge, and experience. Whether it's investors, management, or auditors who need accurate financial reporting to make informed decisions, BDO's Accounting Advisory professionals communicate the facts that matter and why they matter, simply and clearly.
BDO Tax professionals can help you remain compliant and stay on top of new developments. We offer a full range of integrated, multidisciplinary tax services that allow us to address multiple client issues—helping you streamline your tax operations.
Each business valuation is based on a unique set of factors—financing, business models, acquisitions, re-organizations, succession plans—and requires a thorough understanding of the industries involved. BDO's Chartered Business Valuators (CBVs) bring extensive experience working with owner-managed businesses to large public companies, always taking the time to understand your business and offering tailored services for individual client needs—from financial and tax reporting to transaction and litigation support to complex financial instruments.
In today's fast-paced and highly competitive business world, inorganic growth is an important tool in any company's success. We can help turn your growth goals into strategic pathways. With access to global networks and extensive expertise across industries, our M&A team supports mid-market businesses with acquisition strategy development and execution, sale preparation, divestitures, vendor due diligence, and more.
Our team utilizes people, technology, and innovation to support your transformation. We deliver insights from powerful data analytics to inform your business and drive success. With your distinctive business challenges, we understand the importance of reacting to market disturbances and developing pragmatic solutions.
With a risk landscape that is constantly changing—from staying ahead of regulations to emerging crisis situations to financial risk—our advisors are committed to understanding your business, tailoring risk mitigation and management strategies when they matter the most.
Technology continues to change the way you operate your business. Exploring solutions—including integrating cloud software, automation, implementing cybersecurity solutions, harnessing data for business decisions, and innovating your employee experience—requires trusted guidance. Our experienced team is focused on helping you unlock innovation for growth and success.