In this session, we’ll do a deep dive into tax accounting for the Cannabis industry, including an understanding of IRC codes 280e and 471. We’ll review relevant court cases. Additionally, we’ll discuss accounting best practices to keep your clients out of trouble, while correctly minimizing their tax burden.
Andrew 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 the "Big 4," including PriceWaterhouseCoopers, and is the winner of the 1995 Gold Medal Award for the CPA exam’s highest score. Andrew was runner up for Portland Business Journal's CFO of the Year in 2017, making him the first cannabis CFO ever to be nominated.