Cannabis

AAFCPAs Participates in Compliance Panel at NECANN Boston 2025
AAFCPAs’ Janice M. O’Reilly, CPA, CGMA and David McManus, CPA, CGMA will join Tony Gallo, Sapphire Risk Advisory Group, and Peter D’Agostino, Tenax Strategies, for an interactive panel discussion at the 2025 New England Cannabis Convention (NECANN) on key compliance issues faced by cannabis establishments. The opening day session will cover compliance and reporting requirements […]

M&A Activity Set to Increase in 2025 Amid Economic and Demographic Shifts
After a period of slowed deal making driven by high interest rates and uncertainty, the M&A landscape could look very different in 2025. As the economy adjusts to changing tax policies, evolving market conditions, and demographic shifts, business owners may find new opportunities to buy or sell. For many, 2025 could be the year to […]

Navigating the Cannabis Industry’s Biggest Challenges
In this article: As the cannabis industry evolves, operators at every level are faced with unique challenges. From managing cash flow to ensuring compliance and refining operations, the pressure to balance day-to-day demands with long-term strategy is immense. As market dynamics shift, businesses must adapt quickly and efficiently to remain competitive. But with so many […]

DEA Rescheduling: Recommendations for the U.S. Senate Finance Committee
Cannabis rescheduling hearings are set to begin on January 21, 2025. If successful, rescheduling will usher in multiple positive impacts on the success and viability of the industry—the most immediate (and perhaps most impactful) will be the removal of Internal Revenue Code Section 280E. AAFCPAs’ expertise was recently sought by the U.S. Treasury and Senate […]

Webinar Recap: Tax Planning for Cannabis Operators
In this article: Navigating the cannabis industry’s complex tax landscape may feel overwhelming, especially given ongoing challenges like Section 280E and potential rescheduling. However, with the right strategies, you can reduce your tax burden, optimize cash flow, and position your brand for growth. AAFCPAs’ 2024 Cannabis Tax Update Webinar, speakers provided valuable insights on overcoming […]

Janice O’Reilly Discusses Financial Strategies for Cannabis Industry at MJ Unpacked
At the 2024 MJ Unpacked event, held November 5-7 in St. Louis, Missouri, AAFCPAs’ Janice O’Reilly, CPA, CGMA, Partner shared valuable insights with Highly Capitalized Network on navigating the complex financial landscape of the cannabis industry. MJ Unpacked is the nation’s only cannabis industry trade event with exclusive attendance for licensed operators, researchers, and investors. […]

Maximizing Cash Flow in the Cannabis Equity and Debt Market: Strategies for Success
In today’s challenging equity and debt market, operators must maximize cash flow through operational efficiency, tax strategy, and effective reporting. At the recent Benzinga Cannabis Capital Conference, speakers and attendees talked extensively about the constantly changing market landscape and emphasized that staying ahead demands strategic planning and execution. Cannabis Capital RaisesAccording to the Viridian Deal […]

Secure Your 2024 Tax Savings – Watch Our Cannabis Tax Webinar
Webinar: Tax Planning for Cannabis Operators AAFCPAs invites you to watch our 2024 Tax Planning for Cannabis Operators webinar. This session is designed to help cannabis business owners navigate the complexities of 280E and maximize tax efficiency. Details: Explore tax considerations unique to the cannabis industry, including the ‘taxing’ 280E, with guidance on navigating regulations […]

Cannabis & Cybersecurity: AAFCPAs at the NY Cannabis Convention
Cannabis Operator Financial Tech & Cybersecurity: Mastering Financial Excellence and Security AAFCPAs Janice O’Reilly, CPA, CGMA, Partner and David McManus, CPA, CGMA, Tax Partner & National Cannabis Practice Leader have been invited to speak at this year’s New York Cannabis & Hemp Convention. Hosted by NECANN, the event is the only expo focused exclusively on […]