Calyx CPA provides tax, accounting, and advisory services for plant medicine businesses across the US. Based in Southern Oregon, we have spent nearly a decade focused exclusively on industries that demand more than general accounting knowledge.
The real risk to these companies is not the IRS; it's an accountant who doesn't know what they're doing. Cannabis and psychedelics are not areas where an accountant should dabble. They require specialized knowledge, precision, and a genuine willingness to advocate for clients navigating 280E, uncertain tax positions, highly regulated markets, complex financing, investor scrutiny, and decisions that can determine whether a business survives.
Calyx CPA is built on delivering value, which through tax savings, improved accuracy, stronger financial records, financing readiness, and investor confidence is worth more than what we charge. We help clients produce financial records that owners, investors, lenders, and buyers can rely on, and that hold up when it matters most.
Tax preparation for cannabis and psychedelic businesses is not a form-filling exercise. Calyx CPA prepares federal and state returns with careful attention to detail, and we take aggressive but defensible positions to reduce the impact of 280E.
We are currently preparing cannabis returns that do not reduce deductions under 280E, based on the statutory language of the code, which applies to businesses trafficking in a controlled substance "within the meaning of Schedule I or II," not simply substances listed on a schedule. We believe there is a reasonable basis for challenging 280E ahead of rescheduling, rather than paying tax on phantom income. That position is reinforced by current federal findings that cannabis no longer meets the criteria of a Schedule I or II substance.
We also look at the full picture, how activity flows through the business, across related entities, and between owners and other stakeholders, to reduce the overall tax burden wherever the law allows.
Reliable books are the foundation for everything else: tax strategy, compliance, financing, investor confidence, and long-term business value. Calyx CPA provides accounting and bookkeeping services designed to keep your financial records organized, accurate, and audit-ready.
We go beyond categorizing transactions and generating reports. Clean accounting makes it easier to understand what's actually happening in your business, spot problems early, satisfy lenders and investors, support tax positions, and prepare for major events; whether that's financing, expansion, restructuring, or a sale.
How a business is structured has direct consequences for taxes, liability, financing, and long-term value. Calyx CPA works with clients to evaluate entity structures, ownership arrangements, and how activity flows across related entities, with an eye toward reducing tax exposure and positioning the business for growth.
Companies that invest in sound structure and accurate accounting are better positioned to raise capital, secure financing, and command a higher return when they sell.
Calyx CPA helps business owners use their financial information as a tool for better decisions. Our advisory work includes reviewing financial performance, improving accounting systems, preparing for lender or investor review, evaluating tax exposure, supporting due diligence, and helping owners understand the financial implications of major decisions before they make them.
For companies preparing to raise capital, borrow, or sell, the quality of the accounting can materially affect the outcome. Buyers, banks, and investors need confidence in the numbers.
One of the most common complaints we hear from new clients is that their previous accountant was unreachable. Calyx CPA is intentionally built to be different. We maintain a smaller client portfolio so we can be genuinely available, managing expectations clearly, moving quickly when something needs attention, and never leaving clients waiting on answers that affect their business.
In fast-moving industries, unanswered questions are costly. We prioritize timely communication and clear guidance because that's what our clients actually need.
Calyx CPA is not a generalist firm. We focus on cannabis and psychedelics businesses because these industries require a level of specialization that most accounting firms simply don't have.
Our clients come to us because they want attentive, experienced guidance from someone who understands the complexity of what they're doing, and who will be there when they need them.
Whether you're launching, growing, restructuring, preparing for investment, or getting ready to sell, Calyx CPA helps you build the financial foundation that supports the value of your business.
Ready to work with a CPA who understands your business?
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