Marijuana sector’s accounting quirks generating ‘audited hallucinations’

Financial statements from marijuana producers can look strikingly rosy, with a quirk of accounting regularly leading to gross margins of more than 100 per cent. But a closer look reveals a mishmash of management assumptions that could deflate those margins if the bud sells for less than estimated – or … Read More

The post Marijuana sector’s accounting quirks generating ‘audited hallucinations’ appeared first on Dagga Magazine.

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