The Hemp Accountant

The Hemp Accountant

 The Hemp Accountant

logoReviving Hemp and Financial Freedom!  My name is Michael Knight and I am The Hemp Accountant. After working nearly 10 years for a large corporate accounting firm, I decided to take the leap to start my own business. The mission of The Hemp Accountant is to spread awareness and provide financial counselling to help cannabis businesses, as well as individual clients, achieve their goals through understanding their operation’s numbers.

We guide cannabis companies looking to operate a more efficient business with a wide variety of services.


  • Tax Planning/ Tax Preparation 
  • Professional Onboarding/Cleanup
  • Proprietary Chart of Accounts for all Cannabis Sub‐Industries
  • Accountant Review of Entry and Reconciliation 
  • Preparation of Month End CFO Level Tie Out Report
  • Preparation of Professional Financials and Month End Reports
  • Preparation of 6 Month Rolling Cash Forecast
  • Inventory Procedures
  • Perpetual Data Room
  • § 280e Tax Work papers for marijuana growers 
  • Responsive and Reliable/ Available when you need us

Each state has its own unique laws regarding cannabis and hemp as well as the length of time the records must be retained. 

Within the past few years I began studying the many uses of the cannabis plant. More information is coming out on cannabis’s connection to the human Endocannabinoid System and the wide array of benefits. Personally, my father spent much of his life battling various prescription drug addictions and I want to see more use of cannabis to help those in pain and possibly aid people in overcome opioid addictions that destroy so many lives.

Along with the medical applications I am fascinated by the industrial uses of cannabis hemp. Overall, hemp is the strongest most durable longest lasting natural soft-fiber on the planet. However, for various reasons all forms of cannabis were made illegal with the Marihuana Tax Act of 1937. The  book, “The Emperor Wears No Cloths” by Jack Herer provides detailed information on the propaganda behind the suppression of the many uses of the cannabis plant. Now onto the game changer: With the recent legislation of the 2018 Farm Act, Americans are now starting to grow hemp again!  

Connect with us:

Phone: (843) 928-1009



Michael Knight, CPA  Mobile:843-928-1009  THEHEMPACCOUNTANT.COM




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