AAFCPAs Featured at VT Cannabis Convention

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AAFCPAs Cannabis Practice Leaders have been invited to speak at The Vermont Cannabis and Hemp Convention hosted by the New England Cannabis Convention (NECANN) on Saturday, May 6, 2023 at the Champlain Valley Expo in Burlington, Vermont.

WHAT NEW OPERATORS NEED TO KNOW THAT THOSE IN MATURE MARKETS HAD TO FIGURE OUT THE HARD WAY!

Saturday, May 6, 2023 | 12:00 PM – 12:50 PM

New markets are at an advantage because they can learn from the trials and growing pains experienced by operators in mature markets like Massachusetts, legal since 2012. In this session, David McManus, David Gravel, and Brendon Robidoux will provide operators with what they need to know to bypass regular market entry hurdles.

Objectives:

  • Learn the financial and operational need-to-knows to effectively navigate the complexities of recreational cannabis markets.
  • Understand items to consider when selecting the best entity structure.
  • Learn how to effectively maximize deductions while remaining compliant with 280E and state and local taxation.
  • Start from the beginning with an understanding of what’s needed and what to expect to support an IRS or other external audit.

Learn more about The Vermont Cannabis & Hemp Convention. >>

ABOUT AAFCPAS’ CANNABIS PRACTICE

AAFCPAs is an industry pioneer and, since 2012, has been deeply immersed in advising cannabis operators in tax, structuring, compliance, accounting, and transactions. With national recognition, our multi-disciplinary team of advisors includes CPAs, CFOs, estate planning and tax attorneys, wealth advisors, as well as business process, data analytics, IT, and cyber security professionals.


About the Authors

David McManus

David McManus, CPA, CGMA

Dave leads AAFCPAs’ national Cannabis Business Practice, and has been deeply immersed in understanding the complex financial and operational nuances of the industry since 2012. His subject matter expertise was sought by the U.S. Treasury and Senate Finance Committee for guidance on critical considerations regarding the 280E transition following DEA rescheduling news. As a key advisor through the AICPA, Dave and his cannabis team provides insights to shape regulatory guidance on this issue. He provides highly …
Brendon Robidoux

Brendon C. Robidoux, MSA

Brendon is a Fractional CFO in AAFCPAs’ Outsourced Accounting & Fractional CFO (OAFC) practice. He has extensive experience providing accounting & finance solutions to commercial businesses, including cannabis operators, construction contractors, and emerging technology and SAAS companies. Brendon and his team, ranging from Consulting CFOs & Controllers to staff accountants, collaborate closely with client leadership to understand the unique challenges and opportunities each client faces and to implementing strategies that ensure financial health and success. Whether …
David Gravel

David J. Gravel, CPA, MPAc

Dave is a leader in AAFCPAs’ cannabis practice. He provides tax and consulting solutions to multi-state operators, recreational and medical retailers, cultivators, product manufacturers, and investors. He has extensive experience advising cannabis operators and license applicants on optimal entity structure, maximizing deductions in accordance with IRC Section 280E, and multi-year tax planning to ensure preferred tax results, with a focus on preserving cash and maximizing lender/investor value. He also provides guidance on avoiding pitfalls associated with …