iComply Helping Cannabusinesses Stay Ahead of the Curve

Portrait of Mark Slaugh
Slaugh

When white collars and green collars come together.

By Liz Gold
CannaBizCPA.Pro

Mark Slaugh’s company, iComply, is experiencing triple growth year after year. Because as cannabis businesses get more sophisticated, their market’s regulators do as well.

MORE ON CANNABIZ: Green Bits: Helping Cannabis Retailers Stay Compliant | Ron Seigneur Blazes New Trails in Cannabis | Leveling the Playing Field for Cannabis Businesses | Cannabis: Embracing Risk as a Market Advantage | Moving Beyond 280E: Dean Guske on the Cannabusiness | Squar Milner Takes on Cannabis in California and Beyond | Marcum LLP: Moving Forward in Cannabis with Confidence | Tom Achor: At the Intersection of Cannabis Accounting and Technology | PODCAST: John Repetti and Mitzi Hollenbeck of Citrin Cooperman
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Through a mix of packages and training, iComply is helping cannabis businesses stay compliant by allowing them to choose a level of protection. This ranges from do-it-yourself compliance guidance to more comprehensive offerings.
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Green Bits: Helping Cannabis Retailers Stay Compliant

Portrait of Ben Curren
Curren

A POS that knows your local laws.

By Liz Gold
CannaBizCPA.Pro

After selling his former company, Outright, to GoDaddy in 2012, Ben Curren stayed at the company for a year and then started considering what he would do next. After listening to cannabis-related news and realizing the inventory problems that were emerging because of compliance, Curren got excited to tackle some of the issues plaguing many cannabis dispensaries.

MORE ON CANNABIZ: Ron Seigneur Blazes New Trails in Cannabis | Laura Durham Finds Her Niche | Strimo: New Tech for Managing Cannabis Business Performance | Cristina Garza: Keeping Cannabiz Clients in Compliance | Cannabis: Top Trends to Watch in 2019 | Cannabis CPA Carves Out Investment Research Niche | ‘Genius Accountant’ Helps Cannabiz Clients Manage Effectively
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As a result, he jumped into the cannabis industry, leveraging his skills and background as an engineer at QuickBooks to create a new technology to help legal cannabis retailers stay compliant.
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[The Cannabis CPA] Laura Durham Finds Her Niche

Required of clients: a legal bank account or detailed cash logs.

With Liz Gold
cannabizcpa.pro

A proponent of marijuana since college, Laura Durham, CPA, went into private industry after a stint at Arthur Andersen. She worked at a beef company, a software company and later at a manufacturing company.

MORE ON CANNABIZ: The Fire Starter: Groundbreaking Cannabis CPA Luigi Zamarra | Commercial Medical Marijuana Use Comes to Michigan | CPA John Dillinger on California’s Prop 64 | CPA Andrew Hunzicker Creates Course in Cannabiz Accounting | Cannabiz CPA: Dani Espinda Chooses Option Number Three | The Two Crippling Compliance Issues for Cannabis Industry
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It was during this time the course of her life changed.

Recently divorced, with primary custody of two children, she found herself overwhelmed by the demands of full-time corporate life. So, when a consultant colleague asked her if she’d consider going out on her own to help cannabusinesses in need, Durham gave it some thought and decided to go for it, launching Kind Accounting out of her home in Loveland, Colorado.

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[The Cannabis CPA] Matt Karnes, Greenwave Consultants

Listen to Karnes discuss the tsunami of institutional investors flooding the market.

With Liz Gold
CannaBizCPA.Pro

By 2022, Matthew Karnes, CPA, said he expects every state in the country will have implemented either a medical-only or a fully legal cannabis market to reach $35 billion in retail sales.

More at CannaBizCPA.Pro: Leveraging R&D Credits and Depreciation for Cannabis Clients | Cannabis Lights Up Midterm Ballots | Squar Milner Takes on Cannabis in California and Beyond | Marcum LLP: Moving Forward in Cannabis with Confidence | Tom Achor: At the Intersection of Cannabis Accounting and Technology | PODCAST: John Repetti and Mitzi Hollenbeck of Citrin Cooperman
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Karnes, who is founder of GreenWave Advisors, talks about his projections for the industry’s growth.

 

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[The Cannabis CPA] Cristina Garza, CannaComply

New accounting tech is at the heart of her practice.

By Liz Gold
CannaBizCPA.Pro

When Cristina Garza launched her cannabis accounting and payroll company, CannaComply, back in 2014, she wanted to make sure she understood the nuances and complexities of the industry.

MORE ON CANNABIZ: Minorities, Women & Cannabis | John Pellitteri Takes Grassi Full Steam into the Cannabis Industry | Moving Beyond 280E: Dean Guske on the Cannabusiness | 5 Challenges for Cannabusinesses | Dope CFO Levels Up Its Offerings
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A new transplant to Denver, Garza was already running Accountingprose, an accounting company providing bookkeeping, payroll and advisory to small businesses. If you haven’t seen her website you should – she dubs her team “small business superheroes” and calls herself “Chief Number Cruncher” in her email signature.

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