Every vertical. Every entity. Fully accounted for.
Full Spectrum Accounting Services is a CPA-led accounting and tax firm built exclusively for licensed cannabis businesses. From seed to sale — cultivation, processing, distribution, retail, and everything in between — we keep your books audit-ready, your taxes defensible, and your margins protected.
Rescheduling is here. As of April 2026, state-licensed medical cannabis has moved to Schedule III — and federal hearings on full rescheduling are underway. The 280E landscape is changing fast. See what it means for your tax bill →
The biggest tax shift in cannabis history is happening right now. Your books decide whether you benefit.
Rescheduling doesn't reward operators automatically — it rewards operators with clean, defensible, GAAP-compliant accounting. That's exactly what we build.
Medical operators: 280E relief has arrived
State-licensed medical cannabis moved to Schedule III in April 2026, lifting the §280E deduction disallowance for qualifying medical operations. Treasury guidance and potential retroactive relief are in motion — meaning amended returns could put real money back in your pocket.
Adult-use: 280E still applies — for now
Recreational cannabis remains Schedule I while federal hearings on broader rescheduling proceed. Until that changes, cost accounting under §471 and airtight COGS allocation remain your only legal defense against 280E. We build that defense.
Get positioned before guidance drops
Mixed medical/adult-use operators face brand-new apportionment questions. Whether you need amended returns, activity segregation, or a full clean-up before your next filing, the operators who move first will capture the most relief.
This is general information, not tax advice. How rescheduling applies to your license type, state, and entity structure is exactly what we'll cover in your consultation.
Accounting built for the realities of a federally complicated industry.
Generalist firms treat cannabis like a liability. We treat it like our entire practice — because it is.
Monthly Accounting & Bookkeeping
Cannabis-specific chart of accounts, perpetual data room, cost accounting under §471, and month-end close you can hand to a banker, investor, or auditor without flinching.
280E Tax Strategy & Compliance
Defensible COGS allocation, entity structuring, and activity apportionment — engineered to minimize 280E exposure and maximize every deduction the law now allows.
Tax Preparation & Amended Returns
Federal and multi-state returns prepared by a CPA who reads the Tax Court cases. Includes rescheduling-era amended return analysis for qualifying medical operators.
Fractional CFO Services
Cash flow forecasting, KPI dashboards, pricing strategy, and investor-ready financials — C-suite financial leadership without the C-suite payroll.
Clean-Up & Catch-Up
Behind on your books? Inherited a mess from a generalist bookkeeper? We rebuild your records from source documents so you're compliant, current, and audit-ready.
Audit Readiness & Support
Cannabis returns get examined at a higher rate than almost any industry. We build documentation trails designed to survive scrutiny — and stand with you if the IRS calls.
From cultivation to the counter — if you touch the plant, you're in our lane.
Every vertical has its own cost structure, inventory rules, and tax exposure. We speak all of them.
Cultivators
Crop cycle costing, cultivation overhead absorption, biological asset tracking.
Processors & Manufacturers
WIP inventory, extraction yield costing, GMP-aligned cost accounting.
Distributors
Freight and logistics costing, excise tax compliance, multi-license flows.
Dispensaries & Retail
POS-to-GL reconciliation, cash handling controls, retail COGS strategy.
An accountant who chose cannabis on purpose.
I'm Sacha Spicer, CPA — founder of Full Spectrum Accounting Services and a cannabis accounting strategist with more than 20 years of accounting and tax experience. While most firms still treat cannabis clients as a risk to be managed, I built my entire practice around this industry because I believe legal cannabis operators deserve the same caliber of financial expertise as any Fortune 500 company.
I'm Dope CFO trained in the specialized cost accounting, 280E strategy, and workpaper methodology that cannabis businesses require — and as a licensed CPA, I hold my work to the standard of an examiner looking over my shoulder. My clients don't just get their books done. They get a financial partner who understands what it takes to build durable wealth in a heavily regulated, rapidly changing industry.
From first call to full clarity in three steps.
Discovery Call
A free, confidential conversation about your licenses, entities, current books, and biggest pain points. No pitch — just an honest assessment of where you stand.
Financial Diagnostic
We review your books, prior returns, and processes, then deliver a written roadmap: what's at risk, what's being left on the table, and what to fix first.
Ongoing Partnership
Monthly accounting, proactive tax strategy, and CFO-level insight on a flat, predictable fee — so you always know your numbers and never dread tax season.
Straight answers about cannabis accounting.
Do you only work with cannabis businesses?
Yes — by design. Cannabis accounting requires specialized knowledge of 280E, §471 cost accounting, state-by-state regulation, and industry-specific workflows that generalist firms simply don't maintain. Focusing exclusively on this industry is how we stay sharp on the rules that protect your business.
Did rescheduling kill 280E? Do I still need cannabis-specific accounting?
Partially, and absolutely. As of April 2026, state-licensed medical cannabis operations are no longer subject to 280E — but adult-use operations still are while broader rescheduling is decided. Either way, the operators who benefit most are those with clean cost accounting: medical operators need documentation to support amended returns and apportionment, and adult-use operators still need defensible COGS to survive scrutiny.
My books are a mess. Can you still help?
That's often exactly where our client relationships start. Our clean-up and catch-up service rebuilds your records from source documents — bank statements, POS reports, seed-to-sale data — so we can get you compliant and current before moving to ongoing monthly service.
Do you work with businesses outside your state?
Yes. We serve legal cannabis businesses nationwide. Everything is handled through a secure client portal, video meetings, and integrations with your POS and seed-to-sale systems — no office visit required.
How do your fees work?
Most clients are on a flat monthly engagement scoped to their entity count, transaction volume, and service needs, so there are no surprise invoices. Project work like clean-ups and amended returns is quoted up front after your diagnostic.
What makes you different from other cannabis accountants?
The combination of credentials and focus: a licensed CPA with 20+ years of experience, specialized Dope CFO cannabis training, and a practice devoted 100% to this industry. You get big-firm rigor with the responsiveness of a founder who personally knows your file.
Your next tax season doesn't have to feel like a gamble.
Book a free discovery call. Bring your questions about 280E, rescheduling, your books, or your growth plans — you'll leave with clarity either way.
Full Spectrum Accounting Services, LLC
- Email info@fullspectrumcpa.com
- Phone 404.919.9317
- Web fullspectrumcpa.com
- Serving Licensed cannabis businesses nationwide
- Hours Monday–Friday, 9am–5pm ET