NYSSCPA to hold cannabis conference December 11 in New York City
If you’re either currently working with or considering a cannabis client, check out the 2018 Cannabis Conference on December 11 in New York City to be held by the New York State Society of CPAs (NYSSCPA).
Book Review: The Cannabis Industry Accounting and Appraisal Guide
Neal Beaton reviews an “indispensable resource” for investors, owners, managers, attorneys, accountants, and valuation analysts alike working with or alongside professionals within the evolving cannabis industry.
New edition of cannabis valuation book now in BVResearch Pro
The second edition of The Cannabis Industry Accounting and Appraisal Guide is now available to subscribers of the BVResearch Pro platform.
Sneak Peak: Cannabis Industry Accounting and Appraisal Guide
The regulation history of cannabis in the United States is a complex one, as are the valuation issues that stem from its status at the federal level. The following excerpt delves into some of the recent reforms on the legislative side of things.
What It's Worth - Cannabis Report Excerpt
Book Excerpts
What It's Worth: Value and Business Challenges in the Budding Cannabis Industry helps you navigate the swirl of issues that surround providing services to cannabis businesses. The authors, experts who know this industry inside and out, walk readers through the unique aspects of a cannabis business’s financial records, key valuation challenges, benchmarking data, and more.
What It's Worth: Value and Business Challenges in the Budding Cannabis Industry (PDF)
August 2016 PDF (66 pages)
BVR (editor)
Business Valuation Resources, LLC
Price tag on Washington cannabis retailers ‘defies logic’ from valuation angle
Uncle Ike’s and Main Street Marijuana are the two highest grossing cannabis retailers in the state of Washington.
Cannabis and Hemp: Valuation and Industry Update
As a high growth industry, cannabis and hemp business valuations and damages assessments are in demand. But, in this highly regulated industry, many “must know” considerations impact these engagements. Join experts Ron Seigneur and Ryan Cram for a discussion of the trends and opportunities facing these dynamic industry segments. Learn about the continuing regulatory and tax issues that must be considered and get an update on M&A and investment activity that are powering values. Ron ...
Tax Court deals another blow to cannabis dispensaries
In recent years, numerous cannabis businesses that are legal under state law have unsuccessfully challenged section 280E of the Internal Revenue Tax Code, which prohibits tax deductions for a business that “consists of” trafficking in a controlled substance.
Coping With the Challenges of Valuing a Cannabis-Related Firm
Editor’s note: Valuing a cannabis-related business is not much different from valuing any other business except for one important fact: This business is based on a product that is illegal to grow or sell under current federal law. How this challenge is de ...
2023 Overview of the Marijuana Industry: The Coming Wave of Consolidation and Beyond. Opportunities Abound!
The session will explore current trends and engagement opportunities in the cannabis industry. The continuing conflict between federal and state laws and regulations, coupled with the economic impact of inflation, the illicit cannabis market, and the aftermath of the COVID pandemic pause have resulted in a perfect storm for an incredibly unique industry. Recreational use of marijuana is currently legal for adults in 21 states and Washington, D.C., while medical marijuana is legal and available ...
Economy, Cannabis, Physician Pay, SPACs, and Expert Testimony Among the Hot Topics at the NJCPA BV Conference
Key takeaways from the 2021 New Jersey CPA Society’s Business Valuation and Litigation Services Conference are included.
Check out the NJCPA’s annual BV conference September 21
The Biden tax proposals, physician compensation, cannabis, and SPACs are some of the cutting-edge topics you’ll hear about at this year’s Business Valuation and Litigation Services Conference, hosted by the New Jersey Society of CPAs.
Cannabis and Hemp Valuations - Excerpt
Book Excerpts
Cannabis and Hemp Valuations: A Market Analysis By Ryan Cram, CVA, and Ron Seigneur, CPA/ABV, CVA, ASA EXCERPT Cannabis and Hemp Valuations: A Market Analysis bvresources.com | cpavalue.com 2 Copyright © 2019 Business Valuation Resources, LLC (BVR). All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright ...
Cannabis 2nd Edition Excerpt
Book Excerpts
The nabis ACCOUNTING ANDAPPRAISAL GUIDE Indispen sable Resources on Taxation, Acc ounting, and the Appraisal of Cannabis Related Intellectual Property and Busi ness Interests S E C O N D E D ITIO N STACEY D . UDELL RONALD L. SEIGNEUR BRENDA M .CLARKE EXCERPT S E C O N D E D I T I O N Indispensable Resources on Taxation, Accounting, and the Appraisal of Cannabis Related Intellectual Property and Business Interests S T A C E Y D . U D E L L R O N ...
Free sample chart of accounts for a legal marijuana business
Listen to a free webinar on valuation issues with the legal marijuana industry and also get a free sample chart of accounts for a typical firm.
Appellate court ruling unfavorable to cannabiz
Section 280E of the tax code prohibits taking tax deductions for business expenses related to marijuana because of its status as a Schedule I controlled substance.
Appraisers eye booming cannabis industry
Where there’s smoke, there’s fire.
Cannabis appraiser comments on recent guidance
Last week’s BVWire covered the September 2019 AICPA FVS Eye on Fraud quarterly report, “Marijuana and Forensic Accounting—High Times for CPAs?”
New resource for valuation of cannabiz
The Cannabis Industry Accounting and Appraisal Guide is a new book from Canna Valuation, a firm devoted to the licensed and regulated cannabis industry.
New challenge to IRC Sec. 280E by the cannabis industry
One of the biggest problems of the legal marijuana industry is the inability to take tax deductions for normal business expenses.
NYSSCPA symposium spotlights the legal cannabis industry
It was standing room only at the Marijuana Symposium: Business, Tax and Legal Implications, sponsored by the New York State Society of CPAs.
What Appraisers Should Know About the History and Regulation of Cannabis
Key background information to know before doing a valuation engagement in this emerging industry.
The ‘big market delusion’ overvalues companies at first
The allure of a big market for an emerging business is hard to resist and causes “irrational exuberance” that initially overprices companies and triggers an inevitable correction.
Two new resources from BVR
Valuations in the cannabis industry and BV benchmarks are the subjects of two new resources from BVR.