The Cannabis industry's allure of high returns often masks the substantial personal risks investors and executives face. While early Cannabis companies like MedMen and Tilray attracted significant investment with trendy branding, their stories serve as cautionary tales of what happens when fundamental accounting, tax compliance, and entity structuring are overlooked.

Today's Cannabis investors need to be armed with knowledge that goes far beyond product expertise.

 Listen in as we reveal:

✅ Critical lessons from the downfall of early Cannabis giants and how to avoid their costly mistakes

✅ How IRC 280E, 471, and other tax codes uniquely impactCannabis business profitability

✅ The hidden liabilities of different entity structures and why choosing the wrong one could expose your personal assets

✅ Essential strategies for maximizing legal tax deductions despite stringent restrictions

✅ Multi-entity approaches that provide enhanced asset protection and investment appeal

✅ Why standard accounting systems and general practitioners often fail Cannabis businesses

Whether you're considering investing in the Cannabis industry, currently serving as a company executive, or advising clients in this sector, this session provides vital insights for protecting assets and ensuring compliance. 

Learn how proper structuring, accounting, and tax strategies can mean the difference between success and financial disaster in this highly regulated industry.

#DOPECFO #CannabisAccounting #CannabisPolicy

The Cannabis industry faces a pivotal moment as the Trump administration takes control of critical policy decisions. In this essential episode, DOPE CFO Founder, Andrew Hunzicker, CPA, analyzes how campaign promises might translate to administrative action and what it means for Cannabis businesses nationwide.

Learn crucial insights about:

• Trump's Cannabis policy positions
• Potential impact of key agency appointments
• Strategic approaches during policy transitions
• Implications of the paused rescheduling process
• Risk assessment strategies for Cannabis operations
• Compliance considerations under changing regulations

Position your Cannabis business to navigate policy shifts successfully regardless of the new administration's direction.

Follow The Cannabis Accounting Podcast for expert guidance on Cannabis industry compliance and strategy.

#DOPECFO #CannabisAccounting #CannabisPolicy

The Cannabis industry stands at a pivotal moment as multiple reform paths converge. From state-level progress to federal rescheduling efforts, understanding the complex landscape is crucial for industry professionals. Recent developments in the DEA rescheduling hearings have created both uncertainty and opportunity, making it essential to stay informed and engaged.

Join DOPE CFO's Andrew Hunzicker and NCIA CEO Aaron Smith as they break down:

• Latest updates on the DEA rescheduling hearing cancellation and its implications

• How recent administrative changes could impact Cannabis reform efforts

• Multiple pathways to federal reform and their current status

• Strategic opportunities for industry engagement in reform efforts

• Role of industry professionals in advancing positive change

• Critical insights into state-level developments and federal policy interactions

Whether you're a Cannabis accountant, operator, or industry advisor, this episode provides essential context for understanding current reform efforts and opportunities for engagement. Learn how recent developments affect your business and how to participate in shaping the industry's future.

The IRS has just issued a critical warning about Cannabis companies attempting to circumvent 280E through Form 8275 disclosures using a variety of rationales that do not constitute a reasonable basis. This development might require immediate attention from Cannabis operators and their accountants.

Join DOPE CFO Founder & CEO Andrew Hunzicker, CPA for this podcast to understand:

As the IRS ramps up enforcement, it's crucial to understand the proper application of tax regulations. Learn how to protect your Cannabis clients while maintaining strict compliance with 280E requirements.

Whether you're currently serving Cannabis clients or planning to enter the industry, this episode will provide critical insights on navigating the latest IRS guidance.

The Cannabis industry stands at a historic crossroads with potential 280E tax relief on the horizon. In this essential episode, DOPE CFO Founder, Andrew Hunzicker, CPA, reveals why most Cannabis businesses aren't prepared for this massive opportunity and what they must do now to get ready.

Learn step-by-step guidance for:

- Building proper financial infrastructure

- Implementing documentation systems

- Managing audit risks

- Preparing for refund opportunities

- Understanding timing considerations

- Protecting against common pitfalls

Position yourself as a trusted advisor in the Cannabis industry by mastering these critical preparation strategies.

Follow The Cannabis Accounting Podcast for expert guidance on Cannabis industry compliance and strategy.

#DOPECFO #CannabisAccounting #280E

🌿 Maximizing Opportunities at Cannabis Events

Transform your Cannabis accounting practice through strategic event participation! In this episode, we break down how showing up at industry events can elevate you from a regular attendee to a recognized expert in the Cannabis accounting space.

Learn proven strategies to:

Perfect for accountants who prefer working behind the scenes but want to grow their Cannabis practice. Discover why in-person industry involvement is your most powerful marketing tool!

#CannabisAccounting #DOPECFO #CannabisIndustry #AccountingPodcast

Join us for an exciting dive into the world of hemp beverages with Christopher Lackner, founder of the Hemp Beverage Alliance. In this episode, we unpack the rapid evolution of Cannabis-infused drinks, exploring how they're transforming the adult beverage landscape. Christopher shares insights into the industry's technological innovations, regulatory challenges, and the collaborative spirit driving hemp beverage development.

Discover:

✓ How hemp beverages are becoming a game-changing alternative to traditional alcohol

✓ The technological breakthroughs making these drinks shelf-ready

✓ Why craft brewers are entering the hemp beverage market

✓ The potential for interstate commerce and market expansion

✓ How these beverages are normalizing Cannabis consumption

Whether you're a Cannabis industry professional, a curious consumer, or someone interested in emerging beverage trends, this episode offers a comprehensive look at the future of drinking. Get ready to challenge your assumptions and learn about the exciting world of hemp beverages!

Join Raymond Guns, CPA and Chief Revenue Officer at DOPE CFO, as he interviews Dotan Melech, CEO of CTrust, about revolutionizing Cannabis industry financing through standardized credit scoring. Learn how CTrust analyzes over 1,700 data points across 42 business categories to help Cannabis companies access better financing terms and manage risk more effectively. Discover why traditional credit scoring hasn't existed in Cannabis until now, and how this innovation could transform the industry's financial landscape.

Key topics covered include:

✓ How CTrust developed its revolutionary credit scoring system

✓ The impact of state-specific regulations on business credit ratings

✓ Ways Cannabis companies can improve their credit scores

✓ The relationship between credit scores and cost of capital

✓ How rescheduling could affect industry financing

✓ The role of credit scoring in the industry's maturation

The episode provides valuable insights for Cannabis business owners, investors, and financial professionals looking to understand the evolving landscape of Cannabis industry financing and risk assessment.

Master the fundamentals of running a successful remote Cannabis accounting practice with industry expert Andrew Hunzicker, CPA. In this essential episode, discover the business strategies and systems you need to complement your technical expertise and build a thriving virtual practice.

Our guest today is Andrew Livingston. Andrew is the Director of Economics and Research at Vicente LLP. Vicente LLP is a top-ranked national cannabis law firm providing legal and policy services to marijuana and hemp companies, psychedelics companies, ancillary businesses, investors, governmental bodies, and advocacy organizations.

As the firm's director of economics and research, Andrew assists clients with developing and expanding their enterprises across cannabis markets nationally and internationally. A wide variety of marijuana and hemp businesses look to Andrew for help navigating the regulatory intricacies that influence market dynamics, as well as to create sophisticated revenue models and pro forma for investors and to guide strategic decision-making.

Andrew recently spoke at AICPA in August of 2024 where he discussed the major economic issues facing state-regulated cannabis businesses and what to expect with potential future rescheduling and market expansion.

Tune in as cannabis economics expert Andrew Livingston breaks down the business of marijuana and what's next for this growing industry.