Learning Objectives:

• Indicate how the income tax code has specific laws for farmers and how to plan accordingly
• Identify how farm income averaging can save substantial taxes for your farm clients
• Recognize how the cash method of accounting can help farmers but also understand how it can hurt at retirement

Learning Objectives:

• Identify best practices on cannabis accounting for retail operations, cultivation facilities, manufacturing facilities, and vertical operations.
• Recall the concepts on costing inventory so that you can apply them to a number of different scenarios.
• Recognize documentation requirements and audit defense on an accounting perspective.
• Select tools for approaching cannabis accounting.

Learning Objectives:

• Analyze the domestic and global economic mega trends impacting the management mindset of agricultural producers and the agricultural industry.
• Identify key elements that make up the management mindset of agricultural producers and place the odds in their favor for business and personal prosperity.

Learning Objectives:

• Identify key federal policy issues and political factors impacting the industry.
• Recognize the trends in state marijuana policy reform and shifting public opinion on the topic.

Learning Objectives:

• Analyze and compare the evolution of the cannabis industry across New York, New Jersey, Pennsylvania, and Massachusetts, highlighting key legislation, market growth, societal impacts, and opportunities for entrepreneurs and investors.
• Identify the challenges and obstacles faced by the cannabis industry in these four states, including regulatory hurdles, public perception issues, and economic constraints, and propose strategic solutions for overcoming these challenges to support sustainable industry growth.

Learning Objectives:

• Distinguish unique challenges and opportunities of agritourism and farm diversification.
• Recognize agritourism tools and resources as an avenue for farm succession and sustainability.

Learning Objectives:

• Identify how to analyze cannabis M&A, impairment and restructuring transactions
• Recognize the income tax implications of these unique industry issues
• Identify accounting issues related to the ERTC

Learning Objectives:

• Recognize the court rulings and IRS developments that impact the representation of farm and ranch clients.
• Identify the best text strategies for clients in the face of uncertainty over the future of the transfer tax system.

Learning Objectives:

• Interpret the distinguishing characteristics of various types of buy-sell agreements and what the language of the documents means for tax and non-tax purposes.
• Evaluate the tax implications of the various types of agreements and the impact of entity-owned life insurance on entity value for tax purposes.

Learning Objectives:

• Recognize important internal controls that affect cannabis companies
• Identify how to leverage internal controls to improve profitability and liquidity

Learning Objectives:

• Identify approaches to establish ag Client Advisory Services within your firm.
• Analyze potential to build CAS capabilities with existing staff, expertise and resources.

Learning Objectives:

• Determine how to manage process compliance with tracking, reporting and balancing of net cash to POS receipts and cash payment tracking.
• Identify how to optimize cash flow to reduce banking fees and minimize armored security pickups and related costs.
• Analyze how leveraging technology can reduce the hours counting and recounting, often by over 70%, while informing operational decisions such as how much money should be maintained in a recycler on a Monday versus a Thursday and when armored transport of cash is necessary

Learning Objectives:

• Determine why and who invests in the US Farmland Sector.
• Analyze performance of US farmland investments as reported by NCREIF.
• Differentiate challenges and opportunities of investing in the US Farmland Sector.

Learning Objectives:

• Identify the unique nuances of cannabis industry appraisal and consulting matters
• Analyze the level of competence necessary to adequately provide services in this niche area
• Determine where to look for industry resources and data

Learning Objectives:

• Identify the complexities around accounting and tax from a CEO perspective, including 280e, 471 and inventory accounting
• Identify key controls cannabis companies need around inventory and cash, as well as reporting issues
• Determine key components of a good cannabis start-up financial model including scenario analysis, and key drivers
• Analyze software issues and how these create more need for accounting controls and reconciliations

Learning Objectives:

• Identify recently issued disclosure requirements from the FASB and how they would impact farm financial statements.
• Analyze the new Quality Management Standards and how they will impact their firm

Learning Objectives:

• Determine how GRATs, IDGTs, and SLATs can help farm couples save on estate taxes.
• Analyze why CRATs make sense for retiring farmers facing large income tax bills and how it can help them save.

Learning Objectives:

• Identify the value proposition of an outsourced CFO from the business owner perspective.
• Determine how to properly scope engagements and avoiding scope creep.

Learning Objectives:

• Determine legal remedies and frameworks available to a cannabis business in distress.
• Identify elements that lead to distressed businesses
• Apply strategies to navigate financial complexities derived from a business in distress.

Learning Objectives:

• Analyze how FSA uses AGI in its program.
• Identify potential traps in the FSA use of AGI.

Learning Objectives:

• Identify business and operational needs a CFO will manage in the CBD industry.
• Recognize key issues encountered in the CPD industry from the a CFO perspective.

We will discuss the issues and options to navigate this market starting with the current state of the capital markets and impacts and tools to survive including extending the runway to increase options, cost accounting to analyze profitability, operational efficiency techniques to better manage and present the business, and other proven methods.

Learning Objectives:

• Recognize the current Cannabis capital markets and finance options.
• Identify tools and techniques to support sustainability and success of clients in the Cannabis industry.
• Identify tools and information to support better financial metrics and reporting.

Learning Objectives:

• Choose an ideal technology stack for any size cannabis company.
• Determine factors for avoiding non-cannabis compliant technology solutions.

Learning Objectives:

• Recognize how to form appropriate relationships with other professional service providers.
• Identify the nuances and barriers between providing legal advice and accounting advice.
• Determine how to navigate key accounting issues in the CBD industry from experts who have created meaningful relationships with other professional service providers.

Learning Objectives:

• Identify and understand the family business lifecycle and the three-systems model of family business interaction, for use in diagnosis of interpersonal and group dynamics in family businesses.
• Recognize how to apply communication, decision-making, and conflict resolution models to the interaction and governance processes used by the participant’s family business clients.

Learning Objectives:

• Recognize who the Farm Financial Standards Council is and what value their standards and guidelines provide the Agricultural industry.
• Identify how the use of the standards and guidelines benefit Agricultural Producers and the Agricultural Industry.

Learning Objectives:

• Identify common issues cannabis industry participants face in determining tax liability, particularly with respect to IRC section 280E.
• Identify IRS policies regarding cannabis businesses’ treatment of costs of goods sold.

Learning Objectives:

• Recognize how agriculture in Massachusetts is adapting to climate change through the Climate Smart Agriculture Program (CSAP) and building a more resilient food system through programs and statewide policy initiatives.
• Identify and understand trends in agriculture in Massachusetts and the New England region, and regional initiatives helping to shape the future of farms.

Learning Objectives:

• Recognize how to change your perspective from Compliance focused work using lagging data - to a Trusted Advisor role using real time leading indicators to help lead the strategic implementation of change in their business.
• Recognize how to build a team that includes Non-CPA Professionals; in complementary industries that add value to the relationship and help lead that change.
• Identify new tools, tricks, and techniques to help you advise in non-traditional ways.

Learning Objectives:

• Recognize and gain insight how to address some of the unique challenges facing state legal, regulated cannabis
• Identify where to look for resources and support

No better way to spend an evening in Boston. Join your peers, speakers, exhibitors, and sponsors for a private charter cruise along the waterways of the Boston Harbor in a custom designed 75’ authentic two-level paddle wheel boat. Take in the breathtaking sights at sunset, enjoy a delicious dinner and a full, open bar, a lively DJ, and exclusive networking and connection opportunities.

Motor coaches will be available to transport you from the hotel to the boat dock in time for the 6:45 pm launch, and then back to the hotel.

Attire: We recommend smart, business casual attire with comfortable footwear. Please be aware that the temperature is normally cooler on the water, even on warm summer nights.

Dinner Cruise fee: $99/person through June 30. $149/person thereafter.

Learning Objectives:

• Evaluate capital improvement opportunities, how the change across the agricultural landscape, and what synergies may exist.
• Formulate the proper process when considering land improvement.
• Assess the easement/renewable energy opportunities for farms and a general industry understanding.
• Evaluate conservation opportunities and government funding opportunities.

Learning Objectives:

• Analyze how three tax professionals with a combined 30+ years of cannabis accounting experience build their COGS position from client data.
• Compare different perspectives on tax return presentation.
• Determine and understand risk management in taking various tax positions.

Learning Objectives:

• Determine important aspects of agricultural policy and the Farm Bill.
• Analyze the role of financial services in agriculture and agricultural policy.
• Determine merging issues in agriculture both domestically and globally.
• Identify the tools available to lenders to assist farmers and ranchers through USDA.

Learning Objectives:

• Determine how attorneys defend COGS on a tax return.
• Analyze how attorneys look at practitioners work, how do they make a compelling argument, and how can accountants support that as collaborative process and professionals.

Learning Objectives:

• Analyze and review content covered in earlier sessions.
• Identify answers to audience questions related to the agriculture industry, and explore questions that may not have been previously answered throughout the conference.

Learning Objectives:

• Analyze the economics that drive the cannabis industry and the unique characteristics associated with the industry
• Determine the maturity in various markets and the challenges that operators face