Watch Now: 2022 Year-End Tax Planning & Compliance for Cannabis Businesses

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About the Authors

David McManus

David McManus, CPA, CGMA

Dave leads AAFCPAs’ Cannabis Business Practice, providing highly coveted tax, entity structure, and business advisory solutions.  Dave has been deeply immersed in understanding the complex financial and operational nuances of the cannabis industry since 2012. He advises multi-state operators, recreational and medical retailers, cultivators, product manufacturers, and investors. He proactively advises clients on risks, opportunities, and tax implications related to market entry, accounting methods, capital structure, debt financing, R&D, M&A, and goodwill impairment. He has …
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 …
Tomas Pueyo

Tomás A. Pueyo, Jr., CPA, MSA

Tomas is a member of AAFCPAs Commercial Tax Practice working alongside an integrated team of seasoned, well-known CPAs and industry leaders in the delivery of international, federal, multi-state, and local tax planning & compliance solutions. Tomas has extensive experience preparing complex C corporation, S corporation, and partnership income tax returns for privately held businesses. This includes unique and emerging industries, including green tech/clean tech and cannabis. He researches and drafts memorandums involving complex tax matters and …
Joshua England

Joshua England, LLM, Esq.

Josh is a tax strategist with extensive expertise advising high-net-worth individuals, nonprofits, and business owners and investors on effective strategies to ensure tax efficiency, asset protection, well-executed succession plans, and wealth preservation. He has been practicing law since 2000 and focuses his practice on the areas of wealth transfer planning, fiduciary and individual taxation, business structuring to maximize tax efficiency, and advising tax-exempt organizations, foundations and charitable donors. (more…) …
Scott Posnick

Scott Posnick, CMA

Scott is a senior member of AAFCPAs' Outsourced Accounting & Fractional CFO practice, providing high-level, outsourced CFO oversight and strategic planning, including financial forecasts & analysis and advising on growth strategies, business transactions, tax optimization, and strengthening internal controls. He has 35+ years of diverse, hands-on industry experience, including: high tech, biotech, manufacturing, distribution & wholesale, leasing and finance, as well as many traditional New England-based industries. Scott is well-versed in the issues and complexities facing commercial company …