The cannabis industry lacks viable software solutions. A lack of cannabis friendly software solutions have posed many challenges to accounting professionals, owners, operators, and investors. Without centralized software solutions that integrate and speak to one another, it makes it extremely difficult to build monthly, quarterly, and yearly reporting that are required at the state and federal level. These reports include required bank reporting, consolidated financials for investors and lenders, and others. Cannabis accountants often have to hire extra staff or work long hours to do the laborious work that software should be able to streamline. This cuts into their bottom line and the lucrative opportunity of the cannabis niche market.
Andrew co-founded DOPE CFO and is an expert in cannabis startups, CFO services, turnaround and high-growth strategies, capital sourcing, mergers, exits and wealth protection. He has served in Big 4 including PriceWaterhouseCoopers, as well as the winner of the 1995 Gold Medal Award for the highest score on the CPA exam. Andrew was runner up for Portland Business Journal's CFO of the Year in 2017, making him the first cannabis CFO to ever be nominated.
A former “Big 4” accounting professional, Naomi has over 12 years of experience in both public accounting and industry accounting. She has managed large global teams responsible for planning, performing and managing audits of financial statements and internal controls over financial reporting. Noaomi was featured in MJ Biz’s Jan 2019 issue in their "Women to Watch" section.