The expanding Michigan cannabis industry requires businesses to make decisive decisions almost daily as they cope with a landscape that is continually evolving. Nationwide cannabis reform seems to have stalled in Congress, extending the lack of access to basic banking and financial services for cannabis entities. Despite these pain points, anyone in the Michigan market knows that financial recordkeeping, tax compliance, and sound advice are just a few of the required ingredients for a budding cannabis business. Enter, Grapp Lerash.
Founded by Kaleb Grapp and Aaron Lerash, two lifelong Michigan residents, Grapp Lerash leads the way in delivering valuable insights and full-service accounting, tax, and compliance reporting to Michigan’s cannabis industry. From cultivation to provisioning and every secure transport stop in-between, Grapp Lerash excels at advising on corporate transactions, contract review and negotiation support, tax planning and compliance, entity structuring, and the Cannabis Regulatory Agency’s required Annual Financial Statement. Grapp Lerash has cultivated a leading presence in the industry through game-changing perspectives and real-time, actionable expertise.
What sets Grapp Lerash apart from other CPAs and professional service providers in the cannabis industry?
“It’s really very simple, our passion is helping our clients with theirs,” says Grapp. “It’s the hallmark of what we do every day. Our team delivers on our promise to break the mold of traditional accounting firms.”
Both Grapp and Lerash are members of the Michigan Cannabis Industry Association, providing advocacy and insight to industry participants and legislators alike. Both are also founding members of the Michigan Association of Certified Public Accountants Cannabis Expert Panel. Through these organizations and activities, they have been active in all aspects of the state’s regulation of accounting and recordkeeping as well as advocates for the industry concerning taxation, compliance, and financial regulation.
“One of the best compliments we receive frequently is that we don’t ‘feel’ like the traditional, dry, pocket-protector style-CPAs of yesteryear,” says Aaron Lerash. “Grapp Lerash professionals bring energy, new ideas, and collaboration to emerging industries and truly deliver on our motto: We are accounting, done differently.”
