CPAs and cannabis businesses – a 2023 update

Advising legal cannabis-related businesses is a growing opportunity for CPAs. The landscape is ever-changing, on regulatory and other fronts. Andrew Hunzicker, CPA, the founder and CEO of Dope CFO Certified Advisors in Oregon, and Ron Seigneur, CPA/ABV, founder and partner at the firm Seigneur Gustafson LLP in Colorado, joined the JofA podcast recently to provide an update on what has changed in the industry as well as highlights of the upcoming AICPA & CIMA Cannabis Industry Conference, Aug. 14-16 in Boston. They discuss common questions CPAs have, how laws and regulations have changed over the years, and more. What you’ll learn from this episode:  ·         An overview of the cannabis industry’s regulatory landscape since one of the speakers was on a JofA podcast episode in 2020. ·         What attendees can expect at the AICPA & CIMA Cannabis Industry Conference in August. ·         Details about accounting-specific guidance as it relates to cannabis businesses. ·         The questions that Hunzicker and Seigneur often get about advising cannabis businesses. ·         A list of some of the specific niches that make up the cannabis industry.