131 episodes

Upskill on your cannabis business, finance, and compliance skills! If you’re looking for quick, easy, and value-added information about doing business in the cannabis industry, then look no more. Each episode of Cannabis Business Minds will provide you with valuable tips and insight from industry leaders that you can apply to your own business or career. Hosted by CPA and Cannabis Advisor, Simone Cimiluca-Radzins, CPA.

The Cannabis Business Minds Show Simone Cimiluca-Radzins, CPA

    • Business

Upskill on your cannabis business, finance, and compliance skills! If you’re looking for quick, easy, and value-added information about doing business in the cannabis industry, then look no more. Each episode of Cannabis Business Minds will provide you with valuable tips and insight from industry leaders that you can apply to your own business or career. Hosted by CPA and Cannabis Advisor, Simone Cimiluca-Radzins, CPA.

    Why Money Mindset Is Key to It All

    Why Money Mindset Is Key to It All

    In this episode, Simone unveils her latest focus, centered on the crucial elements of success: money, mindset, and business.



    Simone explores the concept of achieving financial wholeness in the entrepreneurial journey, regardless of the industry you operate in. She emphasizes the need to build a business that supports you financially and allows you to realize a profit by adding value through your work.



    Financially Whole is an amazing 90-day journey that you will go through together one-on-one and as a group that will transform how you show up in business, your money mindset, and give you the sales, money and business systems that can make a massive shift in your business.



    Website: https://www.bewithsimone.com/

    Financially Whole (program): https://www.bewithsimone.com/course/moneymastery 

    Instagram: https://www.instagram.com/be.with.simone/

    • 20 min
    Small Business Challenges in Cannabis Industry

    Small Business Challenges in Cannabis Industry

    In this episode, we dive deep into the challenges faced by small businesses in the cannabis industry and the solutions that can help overcome them as Simone continues her conversation with Kenneth Mason, CEO of Equibis.

    Kenneth shares his insights on the unique challenges faced by small businesses in the cannabis industry, from navigating legal requirements to accessing capital and banking services. He also talks about the importance of having a strong support system and building relationships with other businesses in the industry.

    As a Chicago-based entrepreneur, Kenneth sheds light on what's happening in the cannabis business scene in the city, from new regulations to emerging trends and opportunities.



    About Our Guest

    Website: www.equibisaccounting.com

    LinkedIn: https://www.linkedin.com/in/kennethmasoncpamba/

    LinkedIn (Equibis): https://www.linkedin.com/company/equibis-accounting/



    Ask a Cannabis Expert: https://cannabisbusinessminds.com/ask-a-cannabis-expert/



    Connect with us!



    Website: cannabisbusinessminds.com

    Instagram: cannabisbusinessminds

    Youtube: cannabisbusinessminds

    • 25 min
    From Accountant to Entrepreneur: Empowering Small Business Finances

    From Accountant to Entrepreneur: Empowering Small Business Finances

    In this episode, we delve into the career transformation of Kenneth Mason, who went from being an accountant to becoming an entrepreneur empowering small businesses through Equibis.



    Kenneth shares his insights on navigating entrepreneurship as an accountant and the lessons he learned along the way. He also talks about his first dip into entrepreneurship and how it led him to discover his true purpose.



    Kenneth emphasizes the importance of staying true to his purpose and being clear on his end goal, which helped him overcome challenges and achieve success in his career.





    About Our Guest

    Website: www.equibisaccounting.com http://www.equibisaccounting.com 

    LinkedIn: https://www.linkedin.com/in/kennethmasoncpamba/

    LinkedIn (Equibis): https://www.linkedin.com/company/equibis-accounting/



    Ask a Cannabis Expert: https://cannabisbusinessminds.com/ask-a-cannabis-expert/



    Connect with us!

    Website: cannabisbusinessminds.com

    Instagram: cannabisbusinessminds

    Youtube: cannabisbusinessminds

    • 22 min
    Fundraising and Investing on Cannabis Businesses

    Fundraising and Investing on Cannabis Businesses

    Do you have a cannabis business that needs to raise funds? The process of fundraising can be difficult and time-consuming, so it's crucial for startup founders to have a strategic approach.



    In this episode, we delve deeper into business valuations and investing with Richard Bernard, Vice President of Houlihan Capital's Valuation and Financial Advisory Group. Here are some of the major topics we cover:




    How to begin the fundraising process for your company
    Tips for discussing fundraising with potential investors
    An explanation of the "SAFE agreement" and its key components
    Richard's insights on the current state and future of the cannabis industry, including perceived challenges
    Advice for anyone looking to enter the cannabis industry
    The most important lesson Richard learned when starting out





    About Our Guest

    Richard Bernard is a Vice President in Houlihan Capital’s Valuation and Financial Advisory Group. Mr. Bernard performs valuations for public and privately held businesses, business interests, gift and estate planning, financial accounting, and tax reporting purposes. His responsibilities include conducting due diligence, performing financial analyses, and drafting valuation reports.



    Prior to joining Houlihan Capital, Mr. Bernard was an Analyst in the Valuation Advisory group of Duff & Phelps, where he focused on business enterprise and intangible asset valuations for financial reporting and tax compliance purposes and portfolio valuations focusing on alternative investments.



    Website: https://www.houlihancapital.com/

    LinkedIn: https://www.linkedin.com/in/richard-bernard-08502b38/





    Ask a Cannabis Expert: https://cannabisbusinessminds.com/ask-a-cannabis-expert/



    Connect with us!



    Website: cannabisbusinessminds.com

    Instagram: cannabisbusinessminds

    Youtube: @cannabisbusinessminds

    • 20 min
    Valuations on Cannabis Businesses

    Valuations on Cannabis Businesses

    Business owners must take into account numerous factors that heavily influence a company’s value. In this episode, Richard Bernard, the Vice President of Houlihan Capital’s Valuation and Financial Advisory Group, sheds light on the process of valuing businesses within the cannabis industry. Some key takeaways include:




    Bernard's background and involvement in the cannabis industry and his work with Houlihan Capital
    An overview of the evolution of valuations over the years and the current state of the industry
    Common valuation techniques applied to the cannabis industry
    The impact of taxation and the role of 280e on a company's valuation





    About Our Guest

    Richard Bernard is a Vice President in Houlihan Capital’s Valuation and Financial Advisory Group. Mr. Bernard performs valuations for public and privately held businesses, business interests, gift and estate planning, financial accounting, and tax reporting purposes. His responsibilities include conducting due diligence, performing financial analyses, and drafting valuation reports.



    Prior to joining Houlihan Capital, Mr. Bernard was an Analyst in the Valuation Advisory group of Duff & Phelps, where he focused on business enterprise and intangible asset valuations for financial reporting and tax compliance purposes and portfolio valuations focusing on alternative investments.



    Website: https://www.houlihancapital.com/

    LinkedIn: https://www.linkedin.com/in/richard-bernard-08502b38/





    Ask a Cannabis Expert: https://cannabisbusinessminds.com/ask-a-cannabis-expert/



    Connect with us!



    Website: cannabisbusinessminds.com

    Instagram: cannabisbusinessminds

    Youtube: @cannabisbusinessminds

    • 17 min
    The Power of Resilience

    The Power of Resilience

    In this episode, we continue Simone’s conversation with Eric Canori and delve deeper into the topic of resilience and conquering hardships. Eric divulges his latest undertaking in cannabis cultivation in the New York market, the practices he adopted to cope with traumatic experiences, and his future aspirations.



    Eric Canori's memoir, titled "Pressure," is a captivating account of his journey towards perseverance, resilience, and personal growth. Through his experiences with money, sex, and drugs, he seeks love and acceptance, and his story serves as an inspiration to re-examine one's own life. The book highlights the fundamental elements of life, including our connection with nature, ourselves, and those around us. It is a poignant reminder of what truly matters in life.



    Website: https://www.ericcanori.com/



    Ask a Cannabis Expert: https://cannabisbusinessminds.com/ask-a-cannabis-expert/



    Connect with us!

    Website: cannabisbusinessminds.com

    Instagram: cannabisbusinessminds

    Youtube: @cannabisbusinessminds

    • 23 min

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