11 Best Cannabis Consulting Firms of 2023
Cannabis consulting firms can help you stay on top of your game by ensuring best operating practices, identifying critical gaps in your business, and keeping you abreast of ever-changing industry regulations. It doesn’t matter if your cannabis business is a start-up enterprise or an established company looking to grow, having a cannabis business consultant that you can rely on every step of the way is essential to helping your venture reach its fullest potential.
It’s possible, for instance, that you might have already obtained all the required licenses and permits for your marijuana business to operate legally in your jurisdiction. That’s great! But it’s only just the beginning of what it takes to be successful. Once you’re up and running, you may find yourself with questions or concerns about compliance, cultivation, quality assurance, operational optimization, marketing, branding, or even just financial and business planning in general. That’s where having an experienced cannabis consultant by your side can be truly beneficial, leveraging their expertise and industry-specific knowledge to help steer your company around any obstacle it might come across and into the path of long-term success in the highly competitive cannabis industry.
In this article, to assist you in the process of choosing the right consultants to work with, we’ll be looking at the 11 best U.S. marijuana consulting firms of 2023:
List of Top 11 Marijuana Business Consulting Firms:
Indivia Advisors
If you’re in need of an accounting firm solely dedicated to the cannabis industry, Indivia Advisors can help guide you through the industry’s complex tax, financial and regulatory changes to make sure your business stays compliant and efficient. Their services include strategic business planning, CFO-specific advising, and even forensic accounting.
Bridge West
Bridge West has been in practice since 2009, servicing more than 600 cannabis clients nationwide during that time. Specializing in tax issues, the large team at Bridge West can help you minimize the effects of IRS 280E or prepare audited financial statements, among many other services.
“[Bridge West] has helped us with our monthly accounting, our quarterly and annual filings, and to coordinate reporting with our other external auditors. They are very responsive, and they continue to explain things and provide options, which is always nice to hear.”
Rianna Meyer Vice President of Operations, Veritas
3C Comprehensive Cannabis Consulting
3C™ Comprehensive Cannabis Consulting is focused on helping clients design, build, start, and optimize their cannabis business. They aim to be stewards for both their clients and the planet, aligning their core values around social, environmental, and economic principles to help their clients–and the communities they serve–prosper in a sustainable way.
“Although this is my first cannabis venture, I don’t anticipate it being my last. I know that I will be teaming with 3C when I go through this process again … our group extends 3C our highest recommendation and our utmost confidence.”
-Joe Courtright, Chairman, Natural State
Higher Yields Consulting
When it comes to cannabis business consulting, there aren’t many firms that specialize in garden management systems. But that’s exactly the expertise of Higher Yields Consulting. HYC has been working in the space since 2008, and they bring loads of professional and business experience to their consulting services, and they are particularly adept at helping those companies who need help with garden management.
Point7 Group
Founded around the triple bottom line of people, planet, and profits, Point7’s team of experts is well-regarded for its speed and client service when it comes to helping clients win licenses and expand their operations.
“Our successful working relationship with the Point7 team is a true testament to their ability to listen, understand, and collaborate. They took the time to fully understand our strengths and what makes us unique and guided us to stay on track and submit the best application possible well before the deadline. The outcome, 7 for 7 approved licenses, is a credit to not only being great at what they do, but more importantly, being great people.”
– Brad Goette, CEO, Nirvana Investments, LLC
American Cannabis Company
American Cannabis Company is a vertically-integrated, multi-state operator (MSO) that offers end-to-end and a la carte consulting services for cannabis and hemp companies. Among the services offered include: brand licensing, acquisitions and equity partnerships, and operational management services.
americancannabisconsulting.com
Canna Advisors
Canna Advisors offer a full-service and comprehensive suite of consulting services. From licensing applications to exit strategy, Canna Advisors has experience at any stage your cannabis business might find itself, making them great partners to help navigate the complexity of the industry over the long term.
Emerald Elite Consulting
A team of master gardeners experienced in California’s innovative Emerald Triangle make up the consulting team at Emerald Elite. In a market full of cannabis consultants, EEC stands out as one of the premier growing consultants, utilizing its extensive network to ensure you’re producing high-quality, high-yielding cannabis.
“As the level of quality required to compete in a market becomes more and more competitive by the day, third party consultation becomes an important tool to maintain a competitive edge. EEC will undoubtedly be able to assist you in adopting the cultivation practices which will lead to the level of boutique flowers required by the market to remain relevant.”
-Geoff Hoopes
UpNorth Humboldt
Next Big Crop
Next Big Crop provides a la carte and turn-key solutions to businesses in the cannabis industry. They specialize in working with local architects to create state-of-the-art cultivation and manufacturing facilities, sourcing equipment and material such as cultivation lighting and hydroponic equipment, as well as cannabis genetics from well-regarded breeders, and they also do a multitude of systems engineering.
Green Worx Consults
Standardized operating procedures, quality management, and continuous improvement are important to a business’s ability to remain nimble in a rapidly changing marketplace. Green Worx’s methods of project management and continuous improvement methods are the same used by companies such as Toyota, GE, Verizon, and Amazon to decrease cycle time and eliminate defects, waste, and rework. This allows Green Worx’s clients to build quality into every process successfully.
Quantum 9 Inc
The consultants at the Chicago-based Quantum 9 cannabis consulting firm specialize in helping entrepreneurs win licenses and start their cannabusiness. In the past decade, they have helped their clients reach their dream of starting a cannabis business in over 27 states, and their cannabis consultants have made appearances in over 150 news publications, including High Times, Forbes, and Yahoo Finance.
How to Choose the Right Consulting Firm for Your Business
When you are choosing a cannabis consultant firm for your business, no matter what stage your company is currently at, it’s important to consider five key factors before making your decision:
- Proven track record of past success
- Lengthy and diverse experience of team members
- Cost structure of consulting fees
- Added value brought to your company
- Consistent and effective communication skills
Reach Your Cannabusiness Goals
There are hundreds of cannabis consulting firms in the US, each of them with different benefits, strengths, and knowledge bases. It’s important to understand the needs of your business and then identify a consultancy based on the considerations that are most critical to you. No matter what your goals are, there’s a cannabis consulting company out there that’s the perfect fit for you!A great cannabis consultant will arm your cannabis business with best practices, improved processes, and industry-leading technology. Request a demo with 365 Cannabis today to see how ERP can improve your cannabis business.
