Ronald Lipof
AAFCPAs to Present on Cannabis Finance and Compliance at 2026 NECANN
Operators, investors, and advisors across New England and nationwide are preparing for significant tax and regulatory change. Federal rescheduling and the expected inapplicability of Section 280E to cannabis are set to reshape growth strategies and compliance requirements. These developments set the stage for timely industry discussion at the 2026 New England Cannabis Convention and NECANN […]
Massachusetts Cannabis Repeal Could Shift Market to Medical-Only
Changes could narrow legal cannabis access and create operational and financial challenges for Massachusetts businesses. Early preparation and strategic guidance can help operators navigate and sustain long-term growth. Key Takeaways: In Massachusetts, a new ballot initiative proposes unwinding the adult-use cannabis market, a shift that would reshape both the regulatory landscape and the state economy. […]
Cannabis Business Sale Proceeds: Key Considerations Before Cashing Out
Key Takeaways: A cannabis sale requires careful financial and operational planning well in advance of a transaction. Proceeds depend on how deal structures, tax exposure, capital obligations, and regulatory timelines interact over the life of the business. A pending sale often signals progress for a cannabis operator, but the purchase price alone does not determine […]
AAFCPAs Adds Five to Partner Leadership Team
Worcester Business Journal (March 9, 2026) – Fresh off its acquisition of McLaren & Associates CPAs, AAFCPAs has added five partners to its leadership team, bringing the firm’s total partner count to 52. The additions include two new hires and three internal promotions, strengthening expertise across advisory, tax, and risk services.
Cannabis Operators Face New Strategic Choices
As we enter 2026, cannabis operators are navigating a more demanding business environment. Margins are tighter. Regulations continue to evolve. Consolidation is altering competitive dynamics in ways that are not always predictable. Against this backdrop, decisions about growth, partnerships, capital, and potential exit strategies carry greater weight than they once did. The strategic choices made […]
AAFCPAs Celebrates 2025 Partner Class
AAFCPAs celebrates its 2025 partner class, recognizing the accomplishments of five outstanding professionals whose promotions and roles reflect both personal achievement and the firm’s continued growth. Each new partner has demonstrated a record of leadership, technical excellence, and a client-first approach. Together, they strengthen AAFCPAs’ ability to provide thoughtful, forward-looking solutions beyond our core audit […]
Executive Order to Reschedule Cannabis: What It Means for IRC 280E
On December 18, 2025, President Trump issued an Executive Order directing the Department of Justice (DOJ) to expedite the rescheduling of cannabis to Schedule III under the Controlled Substances Act (CSA). This action follows the Department of Health and Human Services’ (HHS) 2023 recommendation and represents a major turning point for state-legal cannabis businesses. Why […]
Cannabis Rescheduling: What It Means for Operators and Investors—and How We’ll Help You Navigate It
The federal government’s anticipated move to reclassify cannabis from Schedule I to Schedule III under the Controlled Substances Act is one of the most consequential policy shifts the industry has seen to date. While this change may promise tax relief, expanded research opportunities, and improved access to capital, it also likely introduces stricter federal oversight […]
New Leadership Expands Business Transaction Advisory Support for Clients
AAFCPAs, a U.S. top 100 CPA and advisory firm, is pleased to announce the appointment of Ronald C. Lipof as Partner and Emily Feeley, CPA, as Director in the firm’s growing Transaction Advisory practice. Their arrival expands the firm’s already robust capabilities, adding depth and specialized experience to guide clients through complex transactions. Ron and […]