Recreational cannabis is now on the Canadian market. It’s a new frontier and you’re navigating specialized terrain. Let us help. Whether your organization is expanding nationally or you’re paving the way for new technologies, we understand your unique ecosystem, and are here to support you through the evolution of your business and tax (re)structuring requirements.

As the industry continues to mature and stabilize, opportunities across the value chain will expand; we’re here to support you in exploring the big picture and diving into the details to get it right. We’ll make sure you can secure a prosperous future in this exciting new industry.

Our Clients

  • Cultivators
  • Manufacturing
  • Distribution

Our Services

Audit & Assurance

  • Conducting audits or reviews of Canadian and US public and private companies
  • Complying with International Financial Reporting Standards (IFRS)
  • Complying with Accounting Standards for Private Enterprises (ASPE)
  • Complying with US Generally Accepted Accounting Principles (US GAAP)
  • Performing specialized assurance engagements
  • Providing Initial Public Offering (IPO) and transaction services
  • Handling Complex Accounting
  • Complying with quarterly financial reporting requirements

Taxation

  • Preparing Canadian and US corporate tax returns
  • Estimating and planning Canadian, US and International corporate tax minimization
  • Assisting with negotiations and correspondence with federal and provincial/state authorities regarding Canada Revenue Agency (CRA) or Internal Revenue Service (IRS) audits, disputes and objections
  • Assisting with Canadian investment tax credit claims for Scientific Research and Experimental Development expenditures (SR&ED)
  • Providing indirect sales tax (GST/HST/PST/QST) planning
  • Providing tax risk management strategies to address scrutiny from tax authorities

Advisory

  • Enhancing organizational performance with best practices, internal controls and benchmarking
  • Recommending risk management strategies that identify threats, avoid surprises, and enable the enterprise to thrive amid volatility and disruption
  • Help with mergers and acquisitions
  • Budgeting and forecasting
  • Providing business valuations

Why DMCL?

We are globally connected through our proud membership in the Moore Global Network Limited, one of the largest accounting and global consulting groups worldwide. As a part of this network, we can provide you access to a group of experienced professionals in 114 countries. You can be confident that we have the resources and capabilities to meet your needs.

Recent Posts

NFTs: The What, Why and How to Account for Non-Fungible Tokens

In 2021, a new trend to bid on and/or purchase high-value collectibles known as non-fungible tokens (NFTs) captured the attention...

READ MORE

New Hope for First-Time Buyers

Liberal’s Proposed “First Home Savings Account“ The election platform for the Liberal party included a new tax measure called the...

READ MORE

The Real Cost of Buying Luxury Cars in B.C.

Editor’s note: This article was originally published on November 16, 2020, and was updated on September 30, 2021 to show...

READ MORE

We pride ourselves on developing long-lasting relationships with our clients. We are hands-on and work directly with clients to achieve success.