The Associated Press just announced that DEA has agreed to reschedule Cannabis, which is going to usher in all sorts of change. Unfortunately, a lot will stay the same, and things are inevitably going to become much more complicated from a compliance standpoint. On the one hand, 280E won’t be so punitive, but taxes will still be high, and accounting will be even more challenging. Don’t get blindsided by what’s to come. 
In our latest podcast, DOPE CFO CEO and founder, Andrew Hunzicker, CPA discusses "How accounting and taxes will change when Cannabis is Rescheduled."
He shares information on:

 How rescheduling affects raising capital
 The more complex tax returns
 Valuation considerations as rescheduling happens

…and more!
Tune in and take notes so you don't get left behind by the massive changes ahead in this industry. 

--- 

Send in a voice message: https://podcasters.spotify.com/pod/show/dopecfo/message

Ep. 144: How Accounting and Taxes Will Change When Cannabis is Rescheduled

The Cannabis Accounting Podcast discusses the ins and outs of cannabis/cbd/hemp accounting. Topics include 280E, chart of accounts, starting &amp; growing your own firm, overcoming software challenges, and more! Looking to get into cannabis accounting? To learn more visit dopecfo.com.

Business

Investing

Careers

Management & Marketing

Business News

Shopping

Sources within the DEA have confirmed that rescheduling has been green-lit and is moving forward. Speculators have  been saying that this wouldn’t happen until after the election, but it looks as though things are moving quicker than critics have been suggesting.
So what does this mean for Cannabis companies and the people who serve the industry?
We go over the details in our latest episode. 
With 280E out of the picture, there is a massive opportunity to support Cannabis companies in a major way.

--- 

Send in a voice message: https://podcasters.spotify.com/pod/show/dopecfo/message

Ep. 145: DEA Agrees to Reschedule Cannabis

Our guests today are Rachel Gillette and Jennifer Benda. They are partners at Holland & Hart LLP and work in the group’s Cannabis Division.
Holland & Hart LLP is a national law firm who serve a wide range of industries. Our guests today are both partners in the Holland & Hart’s Cannabis Division. The emerging cannabis legal sector faces novel legal challenges and complexities. They help cannabis businesses cut through the complexity. 
Their team guides clients with ensuring operational compliance and in building creative solutions and productive relationships with state, local, and federal authorities. Their tailored approach helps cannabis and natural medicine businesses, stakeholders, and ancillary service providers analyze risks and chart a strategic course in the dynamic Cannabis industry. 


Listen as they discuss upcoming changes in Cannabis law and how they will impact Cannabis accountants.

--- 

Send in a voice message: https://podcasters.spotify.com/pod/show/dopecfo/message

Ep. 143: Changes in Cannabis Law and Accounting in 2024

New entrepreneurs have a lot to look forward to that they often don’t realize until they are knee deep in their new venture and find that there are certain skills and competencies that may be lacking that can hurt their progress. 
Everything about how you approach your work has to shift, yet some people carry their employee mindset and practices into self-employment which can create all sorts of problems that can be blindsiding. 
If you are thinking about stepping out on your own for the first time, listen in as we discuss the shifts that new Cannabis Accounting firm owners need to make in order to build successful businesses. In this episode, we discuss:

 The importance for developing systems and processes

 Understanding the value of your time (8 hour days look different and can quickly turn into 15 hour days if you’re not careful)

 Managing expectations of yourself and your clients


There’s so much that gets added to your plate as you set out to build a growing business. Make life easier by knowing what’s ahead. 
Listen in so you can learn how to solve for it so that you are prepared. 

--- 

Send in a voice message: https://podcasters.spotify.com/pod/show/dopecfo/message

Ep. 142: Management Training for Cannabis Accounting Firm Owners

On today's episode, we are excited to welcome Lauren Baptiste, the founder and CEO of Acheloa Wellness.
Lauren Baptiste is a corporate burnout turned coach and CEO. She serves ambitious women professionals as their go-to Burnout Expert. 
Before launching Acheloa Wellness, Lauren spent 13 years as a top performer at a Big Four Accounting Firm. She was always at the top of her earning bracket and was nominated a “Rising Star'' in the industry. However, her professional drive eventually landed her in the Emergency Room from workplace burnout. Lauren notes that it was the ultimate test of how hard she was willing to work for her career. 
Since then, she’s successfully guided hundreds of professional women through similar challenges at work and home. She offers a path to achieve your personal and professional goals without succumbing to burnout. 
In this episode, Andrew and Lauren discuss: 

 Lauren's story and how burnout landed her in the hospital 
 How Lauren founded a new company while applying the lessons she learned from burnout
  Common symptoms of burnout 
  Strategies for accountants and business owners to avoid burnout (while being massively successful) 
  How to find calm amidst the chaos of our busiest seasons at work 
  How women can find balance in their life and still achieve their career aspirations 

Lauren shared this guide to setting healthy boundaries for our listeners. If you'd like to learn more about Lauren and her work, you can visit her website and connect with her on social media (Instagram and LinkedIn). 

--- 

Send in a voice message: https://podcasters.spotify.com/pod/show/dopecfo/message

Ep. 144: How Accounting and Taxes Will Change When Cannabis is Rescheduled

Download our free app to listen on your phone