New to Cannabis? Maybe a Joint Venture Is the Answer

Portrait of John Repetti
Repetti

“If you’re not in the business now, you’re about 10 years behind.”

By Liz Gold
CannaBizCPA.Pro

If you’re a CPA who is thinking about getting into cannabis, get moving because you have a ton of catching up to do, said John Repetti, CPA.

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“What that would require you to do is start getting educated,” he said, adding, “Or there’s another way around it. Connect with a CPA or a CPA firm that has a long history in the cannabis industry and cut a joint venture deal. Deal with them so that you have instant knowledge. If you are going out there on your own and you think you’re going to be an expert on day one, rest assured, you’re sorely mistaken.”