Deep Dive into Cannabis Dispensary Accounting & Tax

About the Webinar

Dispensary CEOs and operators relying on inexperienced accounting teams are unknowingly putting themselves at risk of hefty fines or being shut down for not following IRC 280E.

Did you know that simply deducting expenses like a traditional business can—and often does—lead to audits and penalties? Colorado Cannabis company Altermeds paid dearly for such an error. 

For Cannabis dispensaries to be compliant, even simple things like paying bills, running payroll, and making sure expenses are properly accounted for requires specific knowledge and expertise. 

The right accounting procedures need to be put in place on a daily, weekly, monthly, and annual basis. By doing so, one can properly reduce tax liability and strictly adhere to the applicable IRCs. 

The long and short of it is this: consistent and correct accounting, not strategies to beat 280E, is what makes the difference. 

Avoid putting you or your clients and yourself at risk. Get the know-how that makes the difference. Dive deep into the world of Cannabis Dispensary Accounting in this informative webinar! 

DOPE CFO founder Andrew Hunzicker, CPA, covers:

🟢 Important tax codes and how to navigate them

🟢 471 - what it says, and how to correctly apply both GAAP and Tax, particularly for retailers

🟢 Ideas for how to manage from an accounting viewpoint and “how to make it all work”

🟢 Key court cases and what they mean for Cannabis companies

🟢 Complex legal entity structures and other “games” to avoid