The Cannabis Accounting Podcast

DOPE CFO

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. Jul 16

    EP219: Fewer Clients. Better Fees.

    We'll walk you through the three pillars of a thriving specialized cannabis CFO practice, and show you exactly how DOPE CFO gets you serving cannabis operators at the highest level, faster. --- In this video, Andrew Hunzicker, CPA and founder of DOPE CFO, breaks down the strategic shift that separates a bookkeeper or generalist accountant from a specialized fractional CFO commanding premium retainers. You'll learn why bookkeeping, payroll, tax preparation, and audit are racing toward zero under AI, and how to reposition your accounting practice around forward-looking value work like tax planning, cash flow forecasting, strategic advisory, and CFO-level services. Andrew walks through the path from generalist bookkeeper to specialized cannabis CFO, the five-part playbook for building a six-figure advisory firm with three to five high-paying clients, and how the recent federal cannabis rescheduling to Schedule III opens the biggest window for accountants in decades. Andrew has trained thousands of accountants over the last eight years, both through DOPE CFO and at national firms. He helps plan and lead the AICPA Cannabis Conference every year and started his career at a Big Four firm. Andrew covers: - Why bookkeeping, tax prep, payroll, and audit are all racing to zero (PwC says end-to-end AI audit by the end of this year) - The exact split between cost work and value work, and why clients happily pay premium fees for the second - Why tax planning is easier than tax prep, and puts real money back in a client's pocket - The "number two to the CEO" positioning that AICPA finally co-opted, and how it changes what you charge - The 15th-to-18th monthly cadence Andrew runs for every client, and what fills the second half of the month - The five-part path from generalist to specialist, and why cannabis and hemp check every box right now This is what a real specialized CFO practice looks like when the pricing model actually reflects the value delivered.

    EP219: Fewer Clients. Better Fees.
  2. Jul 8

    EP218: Cannabis Legitimacy Starts With Your CPA (Here's Why That Matters)

    In this episode of the Cannabis Accounting Podcast, host Raymond Guns sits down with Mark Waller, Director of Client Accounting Services at SAX and former owner of Moore & Waller CPAs. Mark has one simple belief: if you don't fix cash flow first, nothing else matters. Not 280E. Not tax strategy. Not compliance. Cash flow kills more cannabis businesses than any of those combined. Mark spent 20 years in traditional accounting before launching his own cannabis CPA firm during COVID. He merged into SAX in January 2026 and now runs their cannabis practice. He has watched operators obsess over tax optimization while their bank accounts drain to zero. And he keeps seeing the same mistake destroy businesses over and over again. He talks about: 💸 Why 99 out of 100 failed cannabis businesses ran out of cash, not tax problems. The businesses that close their doors do it because they have no cash left. Everything else is secondary. 📊 The CAS-first approach that keeps clients in business. Bookkeeping drives weekly reports. Weekly reports drive monthly financials. Monthly financials drive tax prep. You cannot skip steps. ⏳ Minnesota's slow adult-use rollout and what every new market gets wrong. Minnesota legalized in August 2023. Stores are just now opening in April 2026. Every state takes longer than expected. Lawsuits and refunding delays are guaranteed. 📞 Why calling clients beats AI tools and email marketing. Everyone is chasing automation. Mark is doing the opposite. SAX is picking up the phone. Live conversations solve problems 10x faster than spreadsheets and emails. 🏛️ How CPAs legitimize cannabis and reduce stigma in real time. When CPAs work in cannabis, it signals to banks, investors, and lenders that this is a real industry with real businesses. Mark's mother-in-law went from skeptical to asking for cannabis beverages in his fridge. Hit subscribe for more deep dives on cannabis business, finance, and strategy. 🌱

    EP218: Cannabis Legitimacy Starts With Your CPA (Here's Why That Matters)
  3. Jul 6

    EP217: Big Alcohol vs. Big Pharma: The Fight for THC

    In this episode of the Cannabis Accounting Podcast, host Raymond Guns sits down with Art Massolo, founder of Big Hug Strategies and former President of the US Hemp Roundtable, to break down the battle for THC playing out between big alcohol, big pharma, and the cannabis industry itself. Art spent 30 years scaling wine brands globally before pivoting into cannabis. As head of business development at Cycling Frog, he helped scale a nationally distributed Delta-9 THC beverage brand through traditional alcohol distribution channels. As former President of the US Hemp Roundtable, he has advocated on the Hill and advised operators through every regulatory turn. Few people have his view of both sides of this battle. Art breaks down: 🍷 Alcohol's last window to own THC: Art is publicly begging his own industry to move now. If spirits, beer, and wine brands stay on the sidelines, pharma synthesizes THC and takes the category. 💊 The pharma play nobody's watching: Why pharma has both the capital and the momentum to synthesize THC and take the category out from under the current cannabis industry. 🤝 The call to arms: Why Trulieve, Curaleaf, GTI, and the hemp beverage brands should stop fighting each other and unite before pharma writes the rules for all of them. 🧠 Why consumer behavior already moved: 30-second attention spans, less drinking, more supplements, everything online, and mental health as the new north star. The audience is ready. The supply chains aren't. 🌾 The case for industrial hemp: Carbon capture without water. Biofuels, plastics, paper, and clothing, all from one plant. Art on why it should be planted in every state and why it isn't. Art's analysis is clear: we're still in the first inning. Alcohol still has time to pivot, cannabis and hemp still have time to unite, and pharma is closing fast. The operators who move now will be the ones writing the next chapter. Subscribe for deep dives on cannabis business, accounting, regs, and growth! 🔥

    EP217: Big Alcohol vs. Big Pharma: The Fight for THC
  4. Jul 2

    EP216: Summer 2026 Will Define Cannabis For a Decade | Cannabis Industry Updates

    In this episode of the Cannabis Accounting Podcast, Andrew Hunzicker, founder of DOPE CFO, recaps the biggest cannabis industry news from June 2026. Listen to learn about: ✅ Trulieve becoming the first cannabis company to uplist onto the New York Stock Exchange, with Curaleaf right behind them ✅ Why Q1 2026 capital raises are already up almost 10X year-over-year, with the biggest months still ahead ✅ The June 29 DEA hearing on recreational rescheduling, and why 93% of the original public comments were in favor ✅ The FDA's breakthrough therapy designation for a cannabis-derived drug for chronic back pain ✅ SAFER Banking back on the table, plus merchant services and Visa entering the space ✅ State-level momentum from Virginia, Pennsylvania, Connecticut, and the tribes leading on adult-use compacts Articles mentioned in this episode: https://norml.org/news/2026/05/28/federal-judge-rejects-lawsuit-from-prohibitionist-groups-seeking-to-halt-dispensing-of-hemp-derived-products-to-medicare-beneficiaries/ https://ganjapreneur.com/minnesota-gov-signs-law-streamlining-medical-and-adult-use-cannabis-supply-chains/ https://ganjapreneur.com/republican-attorneys-general-sue-to-block-trumps-cannabis-rescheduling-order/ https://themarijuanaherald.com/2026/06/oregon-marijuana-2026/ https://themarijuanaherald.com/2026/06/one-third-of-adults-say-marijuana-improves-their-sleep-finds-american-academy-of-sleep-medicine-survey/ https://www.marijuanamoment.net/hemp-companies-sue-dea-challenging-agencys-claim-that-synthetic-cannabis-compound-hhc-is-federally-banned/ https://www.marijuanamoment.net/legalizing-marijuana-in-pennsylvania-will-be-a-lot-easier-now-that-trump-federally-rescheduled-it-senator-says/ https://themarijuanaherald.com/2026/06/idaho-legislative-council-approves-ballot-language-for-amendment-giving-legislature-sole-power-to-legalize-marijuana/ https://www.forbes.com/sites/ajherrington/2026/06/05/trulieve-makes-history-with-first-nyse-cannabis-listing/ https://jessicam420.substack.com/p/federal-cannabis-policy-convergence https://www.marijuanamoment.net/gop-lawmakers-file-amendments-to-prevent-federal-recriminalization-of-hemp-thc-products-this-year/ https://www.marijuanamoment.net/virginia-governor-touts-productive-negotiations-on-bill-to-legalize-marijuana-sales-this-month/ https://ganjapreneur.com/fda-grants-breakthrough-therapy-designation-to-cannabis-derived-drug-for-chronic-back-pain/ https://www.linkedin.com/posts/ryan-handelman-85bb00187_raising-capital-in-the-lmm-post-1-your-share-7469731763548737536--bl3/ https://www.marijuanamoment.net/virginia-lawmakers-and-governor-have-a-deal-on-bill-to-legalize-marijuana-sales-this-month/ https://www.marijuanamoment.net/dea-begins-on-site-inspections-at-marijuana-businesses-that-applied-for-federal-protections-under-trumps-rescheduling-move/ https://apnews.com/article/supreme-court-guns-drugs-marijuana-texas-a60ce6df9e735c6bc7def285ca396784? https://www.dea.gov/marijuana-rescheduling-regulatory-actions? https://www.youtube.com/watch?v=matFWe-Uzu0 https://ganjapreneur.com/connecticut-enters-adult-use-cannabis-compact-with-mashantucket-pequot-tribe/? https://www.marijuanamoment.net/bipartisan-senators-file-marijuana-banking-bill-as-trumps-rescheduling-move-advances/? https://mjbizdaily.com/news/germany-could-be-auroras-backdoor-into-us-cannabis-market/616603/?

    EP216: Summer 2026 Will Define Cannabis For a Decade | Cannabis Industry Updates
  5. Jun 9

    EP 214: Brazil Hit 1 Million Patients — And How LATAM Cannabis Market Changed

    In this episode of the Cannabis Accounting Podcast, host Raymond Guns sits down with @marianalarrea.mlaw (Mariana Larrea), founder of MLA Legal and Consulting Boutique and STIGMA Hospitality Group, to map the global cannabis supply chain and explain why Mexico, with the most complete pharmaceutical-grade legal framework of any country, is still waiting for its market to move. Mariana has spent a decade at the intersection of international pharmaceutical law and cannabis regulation. She was part of the first citizen bill team to draft the federal cannabis law proposal for Mexico's Senate and Congress. She left Big Law to build a firm where every client gets direct involvement from the attorney who knows their business. She's been speaking internationally on cannabis markets for four years, from Germany to Iceland to Toronto. Mariana breaks down: 🌍 Why Mexico's full legal framework still hasn't unlocked investment: Mexico rescheduled cannabis in 2017 and established a complete pharmaceutical-grade medical framework in 2021, one of the only countries in the world to do so. The reason the market hasn't followed: Mexico doesn't develop pharmaceutical technology. Germany, Israel, and Switzerland do. The U.S. holds the brands and the capital. Until those three move together, the infrastructure sits unused. 📈 Brazil's 1 million patient milestone: A year ago, Brazil had 400,000 registered cannabis patients through medical associations. Today: over one million. That growth drove three major regulatory updates, opening access to topicals, suppositories, oils, and expanded manufacturing and clinical research licenses. It happened because Brazil put the patient at the center, not the sanitary registry. 💰 Mexico's production cost advantage: Mexico can undercut most global cannabis production costs by roughly 80%. For clinical research: 50 to 70% cheaper. The land, labor, climate, and regulatory equivalence with the European Medicines Agency are already there. What needs to happen next to convert that advantage into real investment is exactly what Mariana lays out. ⚖️ The LATAM opportunity map, country by country: Colombia opened the first medical flower pharmacies for domestic patients in late 2025. Costa Rica completed its first medical flower export to Germany. Uruguay integrated CBD into its national healthcare system. Peru is focused on hemp. Chile is pushing on the advocacy and consumer side. This is a current-state breakdown of where each market actually sits. 🔬 Magistral compounding as a near-term model: Personalized cannabis medicine — a pharmacist compounding a specific CBD/THC tincture to a physician's prescription — is legal in Mexico right now and a viable path to reach palliative and geriatric patients. Mariana is actively helping clients build these labs and walks through what the business case looks like. 🚚 How to vet partners when expanding internationally: The signal to follow isn't regulation. It's patients and consumers. Mariana shares her framework for advising clients on which market to enter and how to structure distribution partnerships where the legal and practical reality don't always match. 📊 What U.S. Schedule III rescheduling means for the rest of the world: The international cannabis community reads rescheduling as a medical signal, not adult use, not federal legalization. Mariana breaks down how export licenses will likely operate state by state, why the money will follow U.S. brands internationally, and why partnering with Canadian operators may be the fastest route to the European market. Mariana's parting insight: trends don't prove a market, but they challenge it. After a decade inside the legal frameworks, drafting the laws and watching country after country find their footing in global cannabis, that read is earned. This episode maps where the real opportunity sits and who's positioned to meet it.

    EP 214: Brazil Hit 1 Million Patients — And How LATAM Cannabis Market Changed
  6. Jun 4

    EP 213: Investors Are Flooding Back Into Cannabis | Cannabis Industry Updates

    👉 Finance professionals looking to get into cannabis accounting, check out our free training here: https://go.dopecfo.com/specialized-cfo-yt?utm_source=youtube&utm_medium=social&utm_campaign=specialized-cfo&utm_term=may+2026+cannabis+industry+updates&utm_content=cannabis+just+got+wildly+profitable 👉 Cannabis business owners looking for specialized accounting solutions, check out DOPE CFO here: https://www.dopecfo.us/ In this episode of the Cannabis Accounting Podcast, Andrew Hunzicker, CPA, founder and CEO of DOPE CFO, recaps the biggest cannabis industry news from May 2026. Listen to learn about: ✅ Why investors and lenders are flooding back into cannabis, and the $60M credit facility that's just the start ✅ How 280E going away is creating wildly profitable cannabis companies practically overnight ✅ The June 29 DEA hearing on recreational rescheduling and what we'll know by mid-July ✅ Non-cannabis states like Indiana, Texas, and Idaho being pushed by voter majorities of 75 to 92% ✅ Where big pharma, federally funded medical research, and uplisting on stock exchanges are heading next ✅ The hemp and THC ban movement at the state and federal level, plus what midterms could change Articles/links shared in this episode: https://www.youtube.com/watch?v=XRYrGlKpRYM https://ganjapreneur.com/report-indiana-residents-spend-about-2b-on-cannabis-annually-despite-prohibition https://www.marijuanamoment.net/medical-marijuana-can-be-a-profoundly-helpful-tool-for-seniors-dealing-with-pain-and-other-maladies-op-ed https://www.marijuanamoment.net/texas-judge-allows-smokable-hemp-other-products-sold-blocking-state-ban https://www.marijuanamoment.net/dea-clarifies-that-the-synthetic-cannabis-compound-hhc-is-federally-banned-and-doesnt-count-as-legal-hemp https://www.marijuanamoment.net/california-officials-make-it-easier-for-marijuana-businesses-to-access-federal-benefits-under-trumps-rescheduling-move https://mjbizdaily.com/news/federal-marijuana-rescheduling-is-exciting-pharmaceutical-firms https://ganjapreneur.com/texas-poll-finds-75-support-for-medical-cannabis-reforms https://ganjapreneur.com/study-most-americans-support-federal-reclassification-of-cannabis https://ganjapreneur.com/indiana-gov-says-federal-medical-cannabis-reclassification-makes-state-reforms-more-likely https://mjbizdaily.com/news/marijuana-rescheduling-how-far-back-will-280e-cannabis-tax-relief-go https://www.cfo.com/news/how-dope-cfo-andrew-hunzicker-raymond-guns-is-evolving-as-cannabis-finance-matures https://www.marijuanamoment.net/dea-announces-new-marijuana-registration-forms-for-manufacturing-distribution-and-testing-businesses https://x.com/anandastrategy/status/2054526086374191446?s=20 https://filtermag.org/coalition-cannabis-justice-dc-lobbying https://www.theglobeandmail.com/investing/markets/markets-news https://ganjapreneur.com/virginia-gov-vetoes-adult-use-cannabis-sales-bill-despite-campaign-promise https://themarijuanaherald.com/2026/05/global-cannabis-report-finds-pricing-compression-reshaping-emerging-markets https://mjbizdaily.com/news/hemp-thc-regulation-is-inevitable-not-a-ban-heres-how-operators-can-prepare

    EP 213: Investors Are Flooding Back Into Cannabis | Cannabis Industry Updates

Ratings & Reviews

4.7
out of 5
13 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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