Monday, August 8, 2022
11:30 AM – 6:00 PM MDT
Registration Open
12:30 PM – 1:30 PM MDT
CAN2201. Opening Remarks | Thinking Like a Cannabis CPA--Overview of Tax and Accounting Issues Unique to the Industry
Scott Hammon
- Partner | MGOAndrew Hunzicker
- Owner | Dope CFOKatye Maxson-Landis
- Founding CPA | Moxy Accounting, LLCProvide an overview of accounting and tax issues unique to the industry. Given inclusion of practioners and if that is our focus, this session would ID 8-10 accounting and tax issues that are uniquely impactful to the industry compared to others and would explain how to shift into the mindset of the cannabis CPA.
Learning Objectives:
- Understand the unique issues faced by accountants in the cannabis industry
- Understand the inquisitive mindset of a cannabis CPA
- Identify key accounting and tax issues unique to the industry
1:35 PM – 2:25 PM MDT
CAN2202. The Legal and Regulatory Environment
Jessica Gonzalez
- Cannabis and Trademark Attorney | Hiller PCAdam Fine
- Partner | Vicente SederbergLearning Objectives:
- Identify typical cannabis structures
- Understand the regulatory environment as it pertains to cannabis accounting
- Highlight key areas of focus in accounting based upon legal and regulatory challenges
1:35 PM – 2:25 PM MDT
CAN2203. Members in Industry Roundtable--Accounting in Private Industry
Cheis Garrus
- Managing Member, Former CEO | MannaWell LLCJacqueline Coudriet
- Chief Accounting Officer/Controller | Beak & Skiff Apple Farms, Inc/Gen V Growers, LLC/Gen V Labs LLCMichael Raisch
- Retired | LivWell Enlightened HealthAndrew Hunzicker
- Owner | Dope CFOThis panel will feature practioners and accountants in industry and will give you a unique perspective on what the challenges of working in industry present. Learn why the practioners chose cannabis, what they have learned, and takeaways related to your journey into cannabis accounting
Learning Objectives:
- Understand private industry nuances of cannabis
- Learn about obstacles faced by cannabis accountants operating in the private sector
2:25 PM – 2:45 PM MDT
Networking Break and Exhibits
2:45 PM – 3:35 PM MDT
CAN2204. Cannabis Bookkeeping & Accounting - Theory vs. Reality
Jillian Johnson
- Founder / Educator | Simply JIn this session, we will discuss the various roles, responsibilities, techniques, and biggest hurdles in supporting cannabis organizations for most verticals.
Learning Objectives:
- Define your role
- Determine areas of focus
- Identify obstacles
- Learn theory versus reality
2:45 PM – 3:35 PM MDT
CAN2205. Risk Mitigation and Ethics
Ronald Seigneur
- Partner | Seigneur Gustafson LLPMitzi Keating
- Partner | Citrin CoopermanZachary Gordon
- VP of Accounting | Propeller IndustriesLearning Objectives:
- Understand risk management techniques as it pertains to the industry
- Highlight key areas of ethical concerns
- Learn about best practices and protecting the profession
3:40 PM – 4:30 PM MDT
CAN2206. Inventory Costing and 471
David McManus
- Tax Partner | AAFCPAsKatye Maxson-Landis
- Founding CPA | Moxy Accounting, LLCZachary Gordon
- VP of Accounting | Propeller IndustriesIn this session you will revisit things you wish you never skipped over in college. Learn about full absorption cost accounting, cost accounting techniques, the application of code section 471 and what challenges exist in standing up to IRS scrutiny.
Learning Objectives:
- Identify cost accounting principles and their intersection with tax
- Understand methods of cost accounting
- Learn about full absorption accounting and why it is used
3:40 PM – 4:30 PM MDT
CAN2207. Technology in Cannabis
Melissa Diaz
- Partner + CFO | Rebel Rock AccountingHeather Carter
- Senior Consultant | CohnReznickLearning Objectives:
- Learn how technology impacts cannabis industry accounting
- Understand options for accounting using technology
4:40 PM – 6:00 PM MDT
CAN2208. Regulatory Fireside Chat
Travis Haley
- Manager of Investments & Transactions | Marijuana Division - Colorado Dept of RevKathryn Callahan
- Regulatory and Compliance Specialist | Maryland Medical Cannabis CommissionAdam Fine
- Partner | Vicente SederbergLearning Objectives:
- Identify key regulatory concerns for the cannabis CPA
- Understand differences in regulatory environments
- Learn about different regulatory frameworks
6:00 PM – 7:00 PM MDT
Networking Reception
Tuesday, August 9, 2022
6:30 AM – 6:00 PM MDT
Registration Open
7:30 AM – 8:30 AM MDT
Continental Breakfast and Exhibits
8:30 AM – 9:00 AM MDT
CAN2209A. Opening Remarks | Congressman Address: SAFE Banking Act
Congressman Ed Perlmutter
- Congressman, 7th Congressional District | U.S. House of RepresentativesCongressman Perlmutter will give an update on his cannabis banking legislation, the SAFE Banking Act, and discuss other news of the day out of Washington D.C.
Learning Objectives:
- Understand the impact of politics and cannabis accounting
- Identify key political factors and legal factors that impact the industry
9:00 AM – 9:50 AM MDT
CAN2209B. Advancing the Cannabis Industry: An Outlook for the National Landscape
Aaron Smith
- Co-founder & CEO | National Cannabis Industry AssociationOverview of federal and state marijuana policy reform efforts and the cannabis industry. Learn what challenges and opportunities lie ahead for the country's fastest growing adult industry.
Learning Objectives:
- Understand the impact of politics and cannabis accounting
- Identify key political factors and legal factors that impact the industry
10:00 AM – 10:50 AM MDT
CAN2210. Social Equity, Economic Empowerment, and Minority Participation in Cannabis
Wanda James
- Co-Founder and CEO | Simply PureTosin Hassan
- Senior Manager | Cohn ReznickJessica Velazquez
- Managing Partner | INDIVA Advisors LLPHear from a CPA practioner and understand their perspective on this unique aspect of the cannabis industry
Learning Objectives:
- Understand what social equity means in the cannabis industry
- Understand opportunities for CPAs in servicing social equity clients
- Understand opportunities for minority and social equity CPAs
10:50 AM – 11:10 AM MDT
Networking Break and Exhibits
11:10 AM – 12:00 PM MDT
CAN2211. Raising Capital in Cannabis
Scott Moskol
- Partner | Burns LevinsonAndrew Hunzicker
- Owner | Dope CFOLearning Objectives:
- Learn how cannabis companies are funded
- Learn about challenges faced in raising capital
11:10 AM – 12:00 PM MDT
CAN2212. Cannabis Banking
Sundie Seefried
- CEO | Safe Harbor FinancialLearning Objectives:
- Learn how the cannabis industry differs from other industries; complicating matters
- Understand why financial service providers shy away from providing services to the cannabis industry
- Learn how CPAs are so important to financial service providers; especially for the cannabis industry
12:00 PM – 1:00 PM MDT
Lunch
1:00 PM – 2:15 PM MDT
CAN2213. Navigating the Challenges and Hurdles of 280E in the Cannabis Industry
Jennifer Benda
- Partner | Holland & Hart LLPLearning Objectives:
- Understand the impacts of 280E and the latest rulings from tax court cases
- Learn about the complications associated with taxation in the industry
2:20 PM – 3:10 PM MDT
CAN2214. Due Diligence and Transaction Readiness
Lauren Rudick
- Partner | Hiller, PCElena Mervine
- Managing Director | CohnReznick LLPChristopher McLane
- Director | Citrin CoopermanLearning Objectives:
- Identify due diligence concerns and transaction readiness
- Understand the legal and accounting framework to prepare for an exit
2:20 PM – 3:10 PM MDT
CAN2215. Cannabis Auditing and Financial Statements
Trey Handley
- CFO | Green DragonNancy Huber
- CFO | SchwazzeScott Hammon
- Partner | MGOThis session will focus on the unique aspects of cannabis auditing and financial statements including the frequent use of IFRS, including biological assets; challenges around valuations; income and cannabis tax exposure; inventory costing and other considerations. Session will be presented from both the perspective of the external auditor and CFO.
Learning Objectives:
- Understand the unique nature of cannabis auditing
- Identify key areas of risk and concern for auditing
- Learn about best practices in cannabis auditing
3:10 PM – 3:30 PM MDT
Networking Break and Exhibits
3:30 PM – 4:20 PM MDT
CAN2216. Bankruptcy, Restructuring, and M&A Transactions Oh My!
Scott Moskol
- Partner | Burns LevinsonRachel Gillette
- Partner, Cannabis Industry Group Lead | Holland & Hart LLPSometimes you win, sometimes you lose. Understand your options as cannabis businesses reach certain milestones or lifestages and understand the professionals who can help guide you through these critical steps.
Learning Objectives:
- Identify options for underperforming companies
- Understand the impacts on the accounting, legal, and regulatory environment of bankruptcy and restructuring
3:30 PM – 4:20 PM MDT
CAN2217. Forensics, Litigation, Cash Flow, and Business Valuations in Cannabis
Ronald Seigneur
- Partner | Seigneur Gustafson LLPStacey Udell
- Principal | HBK Valuation Group LLCLearning Objectives:
- Gain insight on how to apply the fundamental valuation approaches and methodologies to the unique and rapidly evolving nature of the cannabis and hemp/CBD industry appraisal assignments
- Obtain an overview of the cannabis industry
4:25 PM – 5:40 PM MDT
CAN2218. Fireside Chat
William Lukela
- Deputy Chief of Licensing | State of Colorado, Department of Revenue, Marijuana Enforcement DivisionRonald Seigneur
- Partner | Seigneur Gustafson LLPMitzi Keating
- Partner | Citrin CoopermanKatye Maxson-Landis
- Founding CPA | Moxy Accounting, LLCJames Thorburn
- Managing Attorney | Thorburn Law Group, LLCOverview and recap of day 2--the typical middle stage business lifecycle of a cannabis business.
Learning Objectives:
- Understand the challenges in the midlife of a cannabis business
- Identify cash flow issues
- Understand the unique economics of the cannabis industry and maturing markets
Wednesday, August 10, 2022
6:30 AM – 12:30 PM MDT
Registration Open
7:30 AM – 8:30 AM MDT
Continental Breakfast and Exhibits
8:30 AM – 9:25 AM MDT
CAN2219. Opening Remarks | How to Build a Cannabis Practice
Andrew Hunzicker
- Owner | Dope CFOKatye Maxson-Landis
- Founding CPA | Moxy Accounting, LLCWe've heard about the industry and the unique challenges the industry faces… now how do we get into the industry? What works?
Learning Objectives:
- Assess your risk tolerance and business model
- Getting to know your client
9:35 AM – 10:50 AM MDT
CAN2220. Careers in Cannabis Accounting and Non-Traditional Services
Melissa Diaz
- Partner + CFO | Rebel Rock AccountingMichael Raisch
- Retired | LivWell Enlightened HealthJean Aubourg
- Consultant | Citrin Cooperman`Learning Objectives:
- Understand options for cannabis careers
- Understand how to relate to clients/employers
10:50 AM – 11:10 AM MDT
Networking Break and Exhibits
11:10 AM – 12:25 PM MDT
CAN2221. Fireside Chat
Melissa Diaz
- Partner + CFO | Rebel Rock AccountingAmos Barclay
- Partner | Holland & Hart LLPDavid McManus
- Tax Partner | AAFCPAsAndrew Hunzicker
- Owner | Dope CFOZachary Gordon
- VP of Accounting | Propeller IndustriesOverview, recap of the conference, the industry and plenty of Q&A
Learning Objectives:
- Understand how tax, accounting, and the industry tie together
- Understand the lifecycle of cannabis businesses and services to be provided