Indiva Advisors

What Indiva Advisors does

Indiva Advisors LLP is a Las Vegas-headquartered professional services firm founded in 2014 by Jessica Velazquez, delivering accounting, tax, and regulatory advisory services exclusively to legal cannabis and psilocybin operators. The firm operates as a Nevada-registered Limited Liability Partnership with a secondary presence in Oregon, and its team spans two U.S. states and two countries. Its 12-service portfolio covers financial statement preparation, bookkeeping, IRC 280E tax analysis and consulting, entity structure optimization, regulatory compliance, internal controls, fractional CFO services, forensic accounting, audit defense, strategic business planning, and tax investment optimization — positioning the firm as a full-stack compliance and advisory partner for cannabis license holders rather than a niche tax preparer.

The business model is professional-services engagement-based: revenue is generated through quote-based project and retainer work with no publicly disclosed pricing. A free 30-minute consultation serves as the lead-conversion mechanism, and customer acquisition is sales-led and event-driven, combining direct outreach, website inquiries, content marketing (educational blog, LinkedIn, YouTube, Instagram, Facebook, Twitter), and participation in industry conferences such as MJBizCon. Target customers include cannabis dispensaries, cultivators, manufacturers, delivery operators, psilocybin businesses, and startups requiring entity formation. The underlying technology stack is limited to mainstream accounting platforms (QuickBooks Online, QuickBooks Desktop, Xero, Gusto) rather than proprietary systems, consistent with a human-expert-led service model.

Strategically, Indiva has signaled growth through geographic expansion into Oregon, vertical expansion into psilocybin, board-level participation in cannabis advocacy organizations (notably the Minority Cannabis Business Association), and a recently announced merger with regional CPA firm Beachfleischman, which represents the firm's most significant corporate action. The firm retains no institutional outside capital and remains founder-owned and -led.

Name

Indiva Advisors

Legal name

Indiva Advisors LLP

Website

https://indivaadvisors.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Indiva Advisors LLP is a Las Vegas-based accounting and advisory firm serving legal cannabis and psilocybin operators with specialized tax, compliance, and financial services across Nevada and Oregon. Founded in 2014, it offers a 12-service portfolio spanning 280E consulting, audit defense, and fractional CFO work.

Ownership category

akta.pro rank

Product category

Cannabis Accounting and Tax Advisory Services

NAICS

Offices of Certified Public Accountants (541211)

akta.pro primary industry

Tax Operations Support (Indirect Tax, Withholding, Compliance Admin) (BPAAAGAI)

Keywords

• Cannabis accounting services
• Cannabis tax advisory
• 280E consulting
• Cannabis regulatory compliance
• Fractional CFO services

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Accounting Services: Financial statement preparation, bookkeeping, and accounting assessments for cannabis businesses
2. Tax Planning and Preparation: Tax analysis, strategy, entity structure optimization, and compliance services specific to cannabis industry including 280E consulting
3. Regulatory Compliance Services: Cannabis regulatory compliance consulting, licensing assistance, and compliance program development
4. Audit Defense: Tax audit defense services for IRS and state tax audits, including financial statement reviews and compilations
5. Fractional CFO Services: Contract CFO and financial advisory services for cannabis businesses needing executive-level financial guidance
6. 280E Consulting: Specialized consulting to help legal cannabis and psilocybin businesses reduce tax burden under IRC 280E regulations
7. Forensic Accounting: Fraud detection, investigation, risk assessment, and regulatory compliance review services

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels8 records

Core offering

Indiva Advisors LLP is a Las Vegas-based accounting firm dedicated to the cannabis and psilocybin industries. It delivers specialized accounting, tax planning, audit defense, regulatory compliance, fractional CFO, forensic accounting, and strategic business advisory services to licensed cannabis operators including dispensaries, cultivators, manufacturers, and delivery services. The firm focuses on navigating complex tax regulations such as IRC 280E and IRC 471 to keep cannabis businesses compliant and efficient.

Product overview

Indiva Advisors LLP is the leading accounting firm dedicated to the cannabis industry, offering a comprehensive suite of professional services. The firm's portfolio consists of 12 distinct service offerings organized around cannabis-specific accounting, tax strategy, and regulatory compliance. Core services include Cannabis Financial Statement Preparation, Cannabis Tax Analysis + Strategy, Cannabis Tax Entity Structure, 280E Consulting, and Cannabis Tax Audits + Defense for federal tax matters. The firm also provides operational support services including Cannabis Regulatory Compliance, Cannabis Internal Controls, Cannabis Accounting Assessments, and Cannabis Forensic Accounting. Advisory services include Cannabis Contract + Fractional CFO Services, Cannabis Strategic Business Planning, and Cannabis Tax Investment Optimization. Notably, Indiva has expanded its expertise to include psilocybin business consulting alongside cannabis, serving clients across Nevada and Oregon. The firm positions itself as navigating complex tax, financial, and regulatory changes to ensure client compliance and efficiency.

Differentiator

Problem solved

Functional benefit

Products and services

• Cannabis Financial Statement Preparation Financial statement preparation and review services for cannabis businesses to ensure compliance with regulatory requirements.
• Cannabis Contract + Fractional CFO Services Contract services and part-time CFO-level financial expertise for cannabis businesses, including financing assistance and business plan development.
• Cannabis Regulatory Compliance Expert guidance on state and federal regulatory compliance for cannabis businesses, including licensing assessments and compliance program development.
• Cannabis Internal Controls Internal control implementation services including regular audits, monthly balance checks, and three-way matching to protect cannabis businesses from financial risks and fraud.
• Cannabis Tax Analysis + Strategy Comprehensive tax analysis and strategic planning services to help cannabis businesses navigate complex tax requirements, ensure compliance, and maximize savings.
• Cannabis Tax Entity Structure Expert guidance on selecting optimal business entity structures (GP, LP, LLP, LLC, C-Corporation, S-Corporation) for cannabis businesses to minimize tax liability and ensure compliance.
• 280E Consulting Specialized consulting services to help legal cannabis and psilocybin businesses minimize their tax burden under IRC Section 280E regulations and maintain IRS compliance.
• Cannabis Tax Audits + Defense Comprehensive tax audit defense services including financial statement reviews and compilations, IRS audit preparation, and representation in federal audit and collection cases.
• Cannabis Accounting Assessments Assessment services to evaluate accounting foundations, identify inefficiencies, review accounting technology systems, and identify gaps in policy, SOPs, and internal controls.
• Cannabis Forensic Accounting Forensic accounting services including fraud detection, investigation of suspicious financial activity, risk assessment, and expert testimony for legal matters.
• Cannabis Strategic Business Planning Strategic planning services to help cannabis businesses define goals, assess risks from market and regulatory changes, and develop roadmaps for long-term success.
• Cannabis Tax Investment Optimization Tax optimization services to strategically plan investments, reduce tax burden, and maximize profits for cannabis businesses through tailored solutions.

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core, member and board member.

• Minority Cannabis Business Association (MCBA)coreStrategic or Co-development Partner · 18 October 2022Co-hosting #SAFE Can't Wait Town Hall event with MCBA, Marijuana Matters, Women Grow, and Minorities for Medical Marijuana to discuss equitable access to capital and banking services for minority-owned cannabis businesses.
• Marijuana MatterscoreStrategic or Co-development Partner · 18 October 2022Partner organization for #SAFE Can't Wait Town Hall event advocating for cannabis banking reform and equitable access to financial services.
• Women GrowcoreStrategic or Co-development Partner · 18 October 2022Event partner for town hall focused on women in cannabis industry and equitable banking access.
• Minorities for Medical Marijuana (M4MM)coreStrategic or Co-development Partner · 18 October 2022Event partner for town hall on cannabis banking reform and social equity.
• National Cannabis Industry Association (NCIA)memberOthersProfessional membership and association participation in the primary cannabis industry trade organization. Access to industry resources, networking, and advocacy initiatives.
• Minority Cannabis Business Association (MCBA)board memberOthersJessica Velazquez serves on the board of MCBA. Organization represents minority cannabis businesses and advocates for equity in the industry.
• National Association of Certified Bookkeepers (NACB)memberOthersProfessional membership in accounting standards organization.
• NORMLmemberOthersProfessional membership supporting marijuana law reform and cannabis industry advocacy.
• National Cannabis Risk Management Association (NCRMA)memberOthersProfessional membership in risk management association for cannabis industry.
• Las Vegas Medical Marijuana AssociationmemberOthersLocal/regional membership in Nevada cannabis industry association.
• California Cannabis AssociationmemberOthersProfessional membership in California cannabis industry association.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Pinion (formerly K·Coe Isom): National advisory and accounting firm with a dedicated cannabis and hemp practice providing tax, CFO, and consulting services. Comparable as a larger multi-disciplinary firm serving cannabis operators.
• Beachfleischman: Mid-sized Arizona-based accounting firm with an established cannabis practice that recently acquired Indiva Advisors. Comparable as a larger generalist firm with a dedicated cannabis vertical offering tax, audit, and advisory.
• Moss Adams: Top-15 US accounting firm with a dedicated cannabis services practice serving cultivators, dispensaries, and infused product manufacturers nationwide. Comparable as a broader incumbent offering overlapping tax and advisory services to cannabis clients.
• MGO (Macias Gini & O'Connell): Top-50 US accounting and advisory firm with a recognized cannabis practice serving operators across multiple states. Comparable as a broader incumbent with cannabis-specific expertise.
• Eide Bailly: Top-25 US accounting firm with a cannabis industry group providing tax planning, 280E consulting, audit, and advisory. Comparable as a larger generalist firm with significant cannabis specialization.

Direct peers

• Dope CFO: Fractional CFO and accounting services firm dedicated to the cannabis industry. Overlaps directly with Indiva's fractional CFO, bookkeeping, and 280E offerings for cannabis operators.
• GreenGrowth CPAs: Cannabis-focused CPA firm providing tax, accounting, and advisory services to marijuana businesses nationally. Directly comparable niche-only competitor with similar service catalog including 280E work.
• Cannabis Accounting Group: Cannabis-specific accounting firm offering bookkeeping, tax, CFO, and compliance services to licensed operators. Closely mirrors Indiva's niche-only positioning and service mix.
• 420 CPA: Cannabis-specialized CPA firm providing tax preparation, 280E consulting, audit defense, and accounting to marijuana businesses. Niche-only competitor with comparable service mix to Indiva.

Emerging players

• Leaf Compliance: Emerging cannabis regulatory and licensing compliance firm serving operators in regulated state markets. Partial overlap with Indiva's regulatory compliance offering, focused on licensing and operational compliance rather than tax.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/indivaadvisors
• YouTubeyoutube.com/channel/UCDeNn2wqGFL_KAbIi4F7FnQ
• Facebookfacebook.com/indivaadvisors
• LinkedInlinkedin.com/company/indiva-advisors
• Instagraminstagram.com/indiva_advisors

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indiva Advisors