The Cannabis Accounting Podcast

DOPE CFO
  • 4.7 (12)
  • BUSINESS
  • UPDATED MONTHLY
The Cannabis Accounting Podcast

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.

  1. Ep. 161: Understanding the IRS' Latest Warning to Cannabis Companies

    JAN 28

    Ep. 161: Understanding the IRS' Latest Warning to Cannabis Companies

    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: 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.

    14 min
  2. Ep. 160: Cleanup & 280E Refund Preparation

    JAN 2

    Ep. 160: Cleanup & 280E Refund Preparation

    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

    28 min
  3. Ep. 159: Maximizing Opportunities at Cannabis Events

    12/16/2024

    Ep. 159: Maximizing Opportunities at Cannabis Events

    🌿 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

    13 min
  4. Ep. 158: How Hemp Beverages Are Revolutionizing the Cannabis Market

    12/02/2024

    Ep. 158: How Hemp Beverages Are Revolutionizing the Cannabis Market

    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!

    30 min
  5. Ep. 157: From Failure to Finance - How Credit Scores Are Revolutionizing Cannabis Business Lending

    11/18/2024

    Ep. 157: From Failure to Finance - How Credit Scores Are Revolutionizing Cannabis Business Lending

    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.

    24 min
  6. Ep. 156: Mastering the Remote Cannabis Accounting Practice: Beyond the CPA Skillset

    11/04/2024

    Ep. 156: Mastering the Remote Cannabis Accounting Practice: Beyond the CPA Skillset

    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. 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.

    19 min
  7. Ep. 155: Cannabis Tax Insights on Reform and Refunds from 2024 AICPA with Andrew Livingston

    10/21/2024

    Ep. 155: Cannabis Tax Insights on Reform and Refunds from 2024 AICPA with Andrew Livingston

    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.

    1h 4m
  8. Ep. 154: How to Charge for Capital-Raising Services

    10/07/2024

    Ep. 154: How to Charge for Capital-Raising Services

    The 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.

    19 min
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Ratings & Reviews

4.7
out of 5
12 Ratings

About

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.

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