09/09/2026
At this week’s Lions Club meeting, we welcomed Matt Perrin, CPA, and Megan Raines, CPA, co-founders of Flatland Financial, to share an inside look at Arkansas’s medical ma*****na industry.
Flatland Financial, located on Main Street in Blytheville, is the only accounting firm in Arkansas specializing in cannabis accounting and tax. Matt and Megan work with cannabis businesses in Arkansas and across the country and are also active advocates for the industry and its patients.
During the presentation, they discussed the growth of Arkansas’s medical ma*****na program, the unique tax challenges cannabis businesses face, and the industry’s economic impact on our state. Arkansas patients spent nearly $25 million on medical ma*****na in August alone, generating more than $3 million in sales tax revenue. The industry also supports more than 2,000 jobs statewide, and cannabis tax revenue has helped fund programs such as free breakfast for Arkansas students.
Matt and Megan also discussed the patient side of the industry, including the role medical ma*****na can play for veterans and others suffering from PTSD, as well as recent changes at the federal level and what they could mean for cannabis businesses and patients.
We appreciate Matt and Megan for sharing their expertise and giving our club a better understanding of an industry that continues to have a significant impact on Arkansas.
Both owners clarified to Lions to clear up that Flatland Financial is an accounting firm, and not a dispensary.
