Player FM - Internet Radio Done Right
Checked 2h ago
Đã thêm cách đây ba năm
İçerik DOPE CFO tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan DOPE CFO veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
Player FM - Podcast Uygulaması
Player FM uygulamasıyla çevrimdışı Player FM !
Player FM uygulamasıyla çevrimdışı Player FM !
The Cannabis Accounting Podcast
Tümünü oynan(ma)dı işaretle ...
Manage series 3139795
İçerik DOPE CFO tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan DOPE CFO veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
The Cannabis Accounting Podcast discusses the ins and outs of cannabis/cbd/hemp accounting. Topics include 280E, chart of accounts, starting & growing your own firm, overcoming software challenges, and more! Looking to get into cannabis accounting? To learn more visit dopecfo.com.
…
continue reading
162 bölüm
Tümünü oynan(ma)dı işaretle ...
Manage series 3139795
İçerik DOPE CFO tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan DOPE CFO veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
The Cannabis Accounting Podcast discusses the ins and outs of cannabis/cbd/hemp accounting. Topics include 280E, chart of accounts, starting & growing your own firm, overcoming software challenges, and more! Looking to get into cannabis accounting? To learn more visit dopecfo.com.
…
continue reading
162 bölüm
Tüm bölümler
×1 Ep. 160: Understanding the IRS' Latest Warning to Cannabis Companies 14:28
14:28
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
14:28The 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: Why Form 8275 is not a "free pass" to avoid 280E limitations What constitutes a "reasonable basis" for disclosure The risks of using Form 8275 incorrectly Recent IRS enforcement priorities for Cannabis businesses Other guidance that goes against IRS guidance that could cause penalties 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.…
1 Ep. 160: Cleanup & 280E Refund Preparation 28:02
28:02
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
28:02The 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…
1 Ep. 159: Maximizing Opportunities at Cannabis Events 12:38
12:38
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
12:38🌿 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: Position yourself as a trusted advisor in the Cannabis industry Secure and nail speaking opportunities Make meaningful contributions to industry organizations Build authentic relationships with Cannabis CEOs and investors Convert event connections into long-term client relationships 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…
1 Ep. 158: How Hemp Beverages Are Revolutionizing the Cannabis Market 30:01
30:01
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
30:01Join 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!…
1 Ep. 157: From Failure to Finance - How Credit Scores Are Revolutionizing Cannabis Business Lending 24:12
24:12
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
24:12Join 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.…
1 Ep. 156: Mastering the Remote Cannabis Accounting Practice: Beyond the CPA Skillset 18:30
18:30
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
18:30Master 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. Learn how to: ✔️ Maintain peak productivity in a remote environment ✔️ Implement systems for consistent service delivery ✔️ Market your practice effectively to Cannabis clients ✔️ Build and manage virtual client relationships ✔️ Position your practice for sustainable growth Whether you're transitioning to remote work or looking to optimize your existing virtual practice, this episode provides the practical guidance you need to succeed in Cannabis accounting.…
1 Ep. 155: Cannabis Tax Insights on Reform and Refunds from 2024 AICPA with Andrew Livingston 1:04:02
1:04:02
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
1:04:02Our 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.…
1 Ep. 154: How to Charge for Capital-Raising Services 18:48
18:48
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
18:48The pressure is on. Your Cannabis clients are counting on you to guide them through the capital raising process, but one misstep could jeopardize their future. Choosing the wrong funding type, overlooking critical documentation, or failing to plan for expenditures are common mistakes people unfamiliar with this industry make when attempting to raise and manage cash. But it doesn't have to be this daunting. With the right approach, you can confidently offer capital-raising services that provide immense value to your clients while ensuring you're fairly compensated. Cannabis finance expert Andrew Hunzicker, CPA, reveals: How to structure comprehensive capital-raising services for Cannabis clients Strategies for determining the optimal funding type and preparing robust documentation to increase approval and funding odds Approaches to ongoing financial modeling and capital expenditure planning Multiple pricing models to ensure you're compensated fairly for your expertise Tips for positioning yourself as an indispensable partner in your client's growth journey Don't let uncertainty hold you back from offering this vital service. Tune in to unlock the strategies you need to excel in Cannabis capital raising.…
1 Ep. 153: Navigating Accounting Discrepancies in Cannabis - Compliance, Prevention, and Resolution 16:00
16:00
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
16:00Missing cash. Unaccounted expenses. Vanishing inventory. In the Cannabis industry, these aren't just minor bookkeeping errors – they're ticking time bombs that can obliterate your business's compliance, credibility, and bottom line. Ignoring or glossing over these issues isn't an option. Cannabis companies operate under intense scrutiny, and the consequences of mishandling discrepancies can be severe. But how do you address these problems compliantly without derailing your operations? Join us for this critical podcast: " Navigating Accounting Discrepancies in Cannabis: Compliance, Prevention, and Resolution " with Andrew Hunzicker, CPA and Cannabis accounting expert. In this no-holds-barred session, we dive into: The real risks of unresolved accounting discrepancies in the Cannabis industry Step-by-step protocols for addressing missing cash, unaccounted expenses, and inventory gaps Proactive strategies to prevent discrepancies before they occur How to maintain ironclad documentation that satisfies even the strictest regulators Building a culture of accuracy and accountability in your Cannabis operation Don't let accounting discrepancies threaten your Cannabis business's future. Arm yourself with the knowledge and strategies to tackle these issues head-on and keep your operation running smoothly and compliantly. Tune in and transform your approach to Cannabis accounting accuracy.…
1 Ep. 152: Providing Capital Raising Services to Cannabis Companies 18:22
18:22
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
18:22Cannabis companies need capital to grow. As their trusted advisor, are you prepared to help them get it? Many accountants struggle to structure, price, and sell capital raising services to Cannabis clients because they've... Never done it. Don't know how to do it. Aren't aware of the crucial role that they play in helping companies proactively stay capitalized enough to fund future endeavors and whether the turbulent storms of the industry. But with the right approach, you can become an indispensable partner in your clients' growth journey. In this episode, you'll learn: How to package and price capital raising services for Cannabis clients Effective strategies to pitch these services and demonstrate their value Key considerations for Cannabis fundraising that set you apart from generalist accountants Techniques to guide clients through the due diligence process investors demand The importance of maintaining connections with investors and potential providers for your clients. Don't let uncertainty hold you back from offering this vital service. Expand your expertise, grow your practice, and become the go-to CFO for ambitious Cannabis companies.…
1 Ep. 151: Compliant Rock Solid Live Inventory Counts 16:01
16:01
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
16:01With the Cannabis industry constantly changing, staying on top of the latest compliant inventory practices can feel untenable. Unfortunately, failing to remain compliant can lead to disastrous financial and legal repercussions for your client, your business, and your reputation. If you are struggling to navigate inventory compliance, you are not going to want to miss our latest podcast “ Compliant Rock Solid Live Inventory Counts ." Led by DOPE CFO Founder, Andrew Hunzicker, CPA, learn directly from Andrew as he shares his expert insights and strategies on maintaining accurate inventory compliance. During this podcast, you will learn: Internal Revenue Code 471 and how to stay compliant Best practices, tools, and workpapers for successful inventory accounting Compliant inventory count practices and procedures RC 471-2 Lower of Cost or Market considerations along with tools and processes for cost accounting Legal and financial liabilities for mismanaged inventory And so much more… Whether you are looking for help understanding inventory compliance or searching for tools to effectively better manage inventory, this podcast will guide you through the intricacies of inventory compliance accounting. Don’t let poor inventory accounting practices jeopardize your business! Tune in and equip yourself with compliant best practices to drive your business’ growth in the Cannabis industry.…
1 Ep. 150: Building a Powerhouse Accounting Team for Vertically Integrated Cannabis Companies 16:56
16:56
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
16:56Vertically integrated Cannabis companies have complex accounting needs that span multiple entities and require a team of specialists to ensure compliance and optimal financial performance. Trying to handle it all alone can lead to burnout, missed opportunities, and costly mistakes. 😰 But building an accounting team that can effectively serve these clients feels like a daunting task, especially for solo firms or small practices. How do you know which roles to hire for? What's the right balance between in-house and outsourced talent? 🤔 Get answers to these critical questions and more in our latest podcast. In this practical, hands-on episode, Andrew Hunzicker, CPA and Cannabis accounting expert, lays out a proven blueprint for assembling a lean, efficient team that can handle the complex needs of vertically integrated clients. You'll walk away with: Clarity on the essential roles you need to cover, from day-to-day accounting to CFO-level strategy A practical framework for deciding when to hire vs. outsource key functions Proven strategies for managing cash flow, profitability, and compliance across multiple entities Don't let the fear of building a team hold you back from pursuing large, lucrative clients in the Cannabis space. Listen in to gain the confidence and practical guidance you need to assemble a powerhouse accounting team that can handle even the most complex vertically integrated businesses.…
1 Ep. 149: Real Estate Strategies for Cannabis Businesses: Navigating Leases, Ownership, and Taxes 15:52
15:52
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
15:52Navigating real estate decisions for your Cannabis business is a complex process with no one-size-fits-all solution. Whether you're setting up a cultivation facility, manufacturing plant, or dispensary, understanding the pros and cons of leasing vs. owning and the tax implications of each is crucial to making informed decisions that align with your unique goals and circumstances. 🌿💡 Leasing may offer more flexibility and lower upfront costs, but it also means you're at the mercy of a landlord and may face unexpected rent hikes or even eviction. Owning your property provides long-term stability and control, but it also requires significant capital investment and ties up your cash flow. 💸 The stakes are high, and with so many factors to consider, it's easy to feel overwhelmed. But by arming yourself with the right knowledge and strategies, you can confidently navigate the Cannabis real estate landscape and make choices that set your business up for success. 💪 Listen in to this informative podcast, "Real Estate Strategies for Cannabis Businesses: Navigating Leases, Ownership, and Taxes," as Andrew Hunzicker, CPA and Cannabis accounting expert, breaks down the key considerations for Cannabis real estate and provide actionable insights to help you make decisions that fit your unique needs. You'll learn: The advantages and disadvantages of leasing vs. owning Cannabis real estate Factors to consider when choosing a location and property type for your operation Tax planning strategies and potential pitfalls associated with Cannabis real estate Whether you're a cultivator, manufacturer, or retailer, this session will provide you with the tools and knowledge you need to develop a real estate strategy that supports your business goals and minimizes risk. Don't let uncertainty around real estate hold you back. Tune in and gain the clarity and confidence you need to make informed decisions for your Cannabis venture.…
1 Ep. 148: Understanding Financial Modeling for Cannabis Business Success 22:10
22:10
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
22:10There are two reasons why cultivators need proper financial modeling: For licensing. Most states require some form of a plan that illustrates that you understand what your operating costs will be and that you have enough capital to fully fund operations. For investors and operators alike, modeling is incredibly important to ensure that there is a plan for a successful outlook for the business based on actual information and experience vs guessing. But creating a comprehensive financial model for a Cannabis business is no easy task. From understanding the true costs of cultivation to navigating complex regulations and market fluctuations, there are countless factors to consider. Overlooking key details or making overly optimistic assumptions can lead to missed targets, cash flow problems, and disappointed investors. In this episode, Andrew shares the essential considerations and tools needed for creating robust, realistic financial models that can help you navigate the unique challenges of the Cannabis industry. During this podcast, you'll learn: The critical importance of understanding best-case, worst-case, and realistic scenarios in your financial projections Key factors to consider when modeling the true costs of Cannabis cultivation, processing, and distribution How to account for often-overlooked expenses and potential roadblocks to profitability Strategies for building flexibility into your financial model to adapt to changing market conditions and regulations The vital role of understanding Cannabis grow cycles and industry-specific metrics for accounting professionals ... and more! Whether you're a Cannabis entrepreneur looking to create a solid financial foundation, an investor aiming to make informed decisions, or an accounting professional seeking to better serve your Cannabis clients, this podcast is packed with valuable insights you won't want to miss.…
1 Ep. 147: Schedule I & III Compliant Inventory Accounting for Cannabis Companies Webinar 39:42
39:42
Daha Sonra Çal
Daha Sonra Çal
Listeler
Beğen
Beğenildi
39:42In order to do proper inventory and cost accounting, accountants must have the proper processes and systems in place to meet compliance rules. Since Cannabis is considered a Schedule I substance, under 280E companies that sell or “traffic” the plant are not able to take deductions like typical businesses can. However, the DEA is on the verge of rescheduling the drug to Schedule III which eases the tax burden of 280E, and can create more complexities for Cannabis companies and the accountants that serve them. In our latest episode, we discuss the ins and outs of cost accounting and compliance for the current landscape of the Cannabis industry, and what’s to expect when the plant inevitably gets rescheduled by the DEA. We cover concepts that include: Inventory accounting best practices, tools, workpapers, and procedures IRC 471-2 Lower of Cost or Market considerations Compliant inventory count procedures Cultivation and manufacturing cost accounting considerations (how to find the cost to grow a pound of weed or gram of oil) Dispensaries and IRC 471-3 …and more!…
Player FM'e Hoş Geldiniz!
Player FM şu anda sizin için internetteki yüksek kalitedeki podcast'leri arıyor. En iyi podcast uygulaması ve Android, iPhone ve internet üzerinde çalışıyor. Aboneliklerinizi cihazlar arasında eş zamanlamak için üye olun.