Execute strategic business plans and navigate government regulations
As the cannabis market evolves, licenced cannabis producers (LPs) must keep pace with changing demands—from shifting consumer expectations to stringent government regulations. Their innovation and growth are challenged further by high employee turnover, extensive tax scrutiny, and access to financial support.
BDO’s Cannabis industry team offers strategic services to help licensed producers and investors with business process enhancement, risk management, transaction advisory, and more. As the cannabis industry races toward global expansion, our solutions are built to unlock value for expanding LPs and support them to reach their full growth potential.
Featured insights and offerings for licensed cannabis producers
Resources to support your business
Weeding out fraud in the cannabis industry
The Canadian Cannabis market is very susceptible to fraud, particularly as it related to the accuracy and integrity of financial reporting. Appropriate internal controls are key to prevention and detection of fraud.
Learn moreBusiness stages for licensed cannabis producers
Growth strategies designed to match your business model, your goals, and your expectations.
Grow, expand & acquireAdapt and respond more quickly and effectively to the changing economic, legal, consumer, and market landscape.
Adapt, prepare & respondGuidance and advice that service licensed cannabis producers
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.