Compliance-first. Audit-ready. Cannabis-specific.
Cannabis accounting built for compliance, growth, and profitability.
High Life Accounting supports licensed cannabis operators across all legal states with cannabis-specific bookkeeping, tax planning, and CFO guidance. We help you capture the relief or manage the exposure.
High Life Accounting is the cannabis accounting brand of S E Fleming CPA.
About Us
Cannabis accounting expertise built through years of real-world experience.
High Life Accounting was created to offer superior accounting support to cannabis business owners who need more than basic bookkeeping. Led by a CPA with experience as both a financial reporting accountant and a Chief Financial Officer for multinational manufacturing firms, our team brings executive-level oversight to complex cannabis operations.
We combine industry knowledge, compliance discipline, and strategic insight to help businesses operate confidently, manage risk, and plan for sustainable growth.
Cannabis-Only Accounting Focus
Our firm specializes in cannabis accounting, tax, and advisory services, giving you guidance grounded in seed-to-sale operations, §280E transition guidance, and audit readiness.
Executive-Level Financial Leadership
From disciplined bookkeeping to CFO-level strategy, we help business owners understand their numbers, anticipate challenges, and make informed decisions in a rapidly evolving industry.
Our Services
Cannabis-specific guidance to help you make confident, compliant decisions.
Cannabis Accounting & Bookkeeping
Built for highly regulated cannabis operations.
We manage your day-to-day accounting with precision, ensuring your financials are accurate, compliant, and audit-ready.
IRC §280E & Rescheduling Advisory
From §280E defense to Schedule III relief.
We guide medical operators out of §280E and keep adult-use operators protected under the rules that still apply.
Cannabis Tax Services
Accurate filing. Reduced risk. Nationwide support.
We prepare compliant tax filings for cannabis businesses and owners operating across all legal states.
Cannabis Tax Planning
Strategic planning to legally reduce tax burden.
Our proactive planning approach helps medical operators capture Schedule III relief and adult-use operators legally minimize §280E exposure.
Cannabis CFO Services
Executive-level financial leadership without full-time cost.
Ideal for growing operators, MSOs, and investors who need strategic insight and financial direction.
Cannabis Controller Services
Professional oversight without full-time overhead.
We provide experienced accounting leadership to strengthen reporting, controls, and compliance.
Entity Structuring & Advisory
Build the right structure from the start—or fix it before it becomes costly.
We help cannabis operators and investors structure entities correctly to support compliance, tax efficiency, and growth.
Cash Management & Internal Controls
Control cash-heavy operations with confidence.
We design accounting systems and controls that support compliance, transparency, and operational efficiency.
How We Help
Keeping cannabis businesses compliant, confident, and prepared for growth.
We bring deep, cannabis-specific expertise to one of the most highly regulated industries in the country. Our role goes beyond accounting; we provide executive-level accountability, informed decision-making, and financial oversight that helps cannabis businesses navigate compliance, reduce risk, and build long-term value.
From straightforward accounting recommendations to complex tax planning and CFO advisory, we help operators stay audit-ready and financially disciplined across every stage of the cannabis supply chain.
- Cannabis-specific accounting and compliance expertise
- Audit-ready financials built for IRC §280E scrutiny
- Executive-level insight without full-time overhead
- Nationwide support across all legal cannabis states
Compliance Without Compromise
- 01§280E & Rescheduling Authority
- 02Industry-Specific Financial Leadership
- 03Support Across the Entire Supply Chain
Which rules apply to you?
Medical
§280E no longer applies as of April 22, 2026. But capturing the relief requires correct documentation and restructured accounting
Adult-Use
§280E still fully applies. A DEA hearing on June 29, 2026 could extend relief to the broader market — we’ll keep you ready.
Dual-License
You straddle both regimes. How you document medical vs. adult-use activity will decide your tax bill and your audit outcome.
Why Choose Us
Clarity, Compliance, and Confidence for Cannabis Business Owners.
Operating in the cannabis industry means navigating strict regulations, complex tax rules, and constant scrutiny. High Life Accounting helps business owners stay compliant, protect profitability, and make informed decisions, without carrying the burden alone.
Our approach combines cannabis-specific expertise, disciplined financial processes, and executive-level leadership to support your business at every stage.
Audit-Ready Compliance
Cannabis businesses face higher audit risk than most industries. We build defensible accounting systems, accurate documentation, and compliance-first tax strategies that help you stay prepared for state or federal scrutiny—without last-minute stress.
Lower Taxes, Done the Right Way
Medical operators may have just exited §280E under the April 2026 rescheduling, if the transition is documented correctly. Adult-use operators still face §280E, where cost allocation is the legal lever. Either way, we make your position defensible. High Life Accounting helps properly allocate costs, manage inventory accounting, and apply compliant strategies that legally reduce tax exposure while standing up to audit review.
Executive-Level Guidance & Peace of Mind
With High Life Accounting on your side, you gain more than a service provider—you gain a strategic partner. We help you understand your numbers, anticipate risks, and identify opportunities for growth, so you can focus on building a strong, sustainable cannabis business.
We give you peace of mind
Cannabis Accounting Built for Compliance, Clarity, and Growth
Our work is grounded in sincerity, reliability, and competence. Clients often tell us they experience a higher level of professionalism and trust when working with High Life Accounting, something we call Superior Trustworthiness.
Navigating cannabis accounting, tax compliance, and IRC §280E is complex—but you don’t have to do it alone. Whether you’re launching, scaling, or preparing for audits, financing, or exit, High Life Accounting is here to help with clear guidance and executive-level support.
Contact Us“Medical cannabis moved to Schedule III in April 2026; adult-use remains subject to §280E. Guidance is evolving, ask us what it means for you.”
(Updated June 2026)