[The Cannabis CPA] Sean Robinson, Tebaja Consulting

CPA targets fast-growing business sectors facing common problems.

By Liz Gold
CannaBizCPA.Pro

For Sean Robinson, CPA, MBA, and founder of Tebaja Consulting LLC, his company is helping him answer his calling.

MORE ON CANNABIZ: John Pellitteri Takes Grassi Full Steam into the Cannabis Industry | Cannabis: Top Trends to Watch in 2019 | Dean Guske on the Cannabusiness | Squar Milner Takes on Cannabis in California and Beyond
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Robinson spent a decade at Citigroup in various roles. During that time, he always had a fondness for his first role, which was managing several teams that supported and expedited the financial close process for private equity funds and venture capital investors.

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Strimo: New Tech for Managing Cannabis Business Performance

Portrait of Jacques Santucci
Santucci

Could this be the new standard?

By Liz Gold
CannaBizCPA.Pro

If you’re in the cannabis industry and you’re working with cannabis clients, you've likely had your fair share of experiences with point-of-sales systems. Like all technology, some platforms work better than others and the key is to find the right system for your company’s particular needs. Often it’s a compromise or giving up a function for a feature that is more important.

MORE ON CANNABIZ: CohnReznick Goes National on Cannabis | Cannabis: Embracing Risk as a Market Advantage | John Pellitteri Takes Grassi Full Steam into the Cannabis Industry | Moving Beyond 280E: Dean Guske on the Cannabusiness
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Enter Strimo.
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CohnReznick Goes National on Cannabis

Portrait of Michael Harlow
Harlow

Tax maven Michael Harlow leverages firm's real-estate prowess to build a new national niche.

By Liz Gold
CannaBizCPA.Pro

As the tax lead for CohnReznick’s cannabis practice, Michael Harlow, says the biggest barrier to entry for cannabis businesses on the East Coast is finding the right real estate for their endeavor.

MORE ON CANNABIZ: Cannabis: Embracing Risk as a Market Advantage | 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 | Bruce Jolliff: Jumping into Cannabis Head First | Mark Guiley Oversees New Cannabis Niche | Jessica Velazquez on Cannabis Accounting and Activism | PODCAST: Jim Marty and Cory Parnell Go National | 5 Biggest Mistakes Cannabis CEOS Make
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“The biggest barrier to entry for East Coast cannabis businesses is finding the appropriate real estate for their endeavor,” says Harlow, CPA and national tax leader for CohnReznick’s cannabis practice. READ MORE →

Cannabis: Embracing Risk as a Market Advantage

Portrait of Sabas Carrillo
Carrillo

Today's top trend: Mega-mergers, says Sabas Carrillo.

By Liz Gold
CannaBizCPA.Pro

What do you do when you get a call from a friend at an audit firm who says there’s a company that needs accounting help, wants to go public and raise capital – except no other firm will help it?

MORE ON CANNABIZ: Cristina Garza: Keeping Cannabiz Clients in Compliance | Minorities, Women & Cannabis | CPA Takes His Cannabis Practice on the Road | Leveraging R&D Credits and Depreciation for Cannabis Clients | 5 Challenges for Cannabusinesses
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If you are Sabas Carrillo, chief executive of Adnant Consulting, you take it on.
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Cristina Garza: Keeping Cannabiz Clients in Compliance

New accounting technology is part of the package.

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. READ MORE →

Sean Robinson: Minorities, Women & Cannabis

CPA targets fast-growing business sectors facing common problems.

By Liz Gold
CannaBizCPA.Pro

For Sean Robinson, CPA, MBA, and founder of Tebaja Consulting LLC, his company is helping him answer his calling.

MORE ON CANNABIZ: John Pellitteri Takes Grassi Full Steam into the Cannabis Industry | Cannabis: Top Trends to Watch in 2019 | Dean Guske on the Cannabusiness | Squar Milner Takes on Cannabis in California and Beyond
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Robinson spent a decade at Citigroup in various roles. During that time, he always had a fondness for his first role, which was managing several teams that supported and expedited the financial close process for private equity funds and venture capital investors.
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John Pellitteri Takes Grassi Full Steam into the Cannabis Industry

Portrait of John Pellitteri
Pellitteri

It began with health care.

By Liz Gold
CannaBizCPA.Pro

When John Pellitteri noticed a significant increase in the cannabis-related questions in the business community, he immediately took ownership of building the consulting team that was missing to help guide those conversations into opportunity.

MORE ON CANNABIZ: Cannabis: Top Trends to Watch in 2019 | CPA Takes His Cannabis Practice on the Road | Leveraging R&D Credits and Depreciation for Cannabis Clients | 5 Challenges for Cannabusinesses | Dope CFO Levels Up Its Offerings | Cannabis Trends: What CPAs Need to Know for 2018 and Beyond | PODCAST: Drew Dearlove Talks about the Cannabis Business | Five Secrets to Launching Your Own Cannabis Accounting Firm
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Pellitteri, the Healthcare and Cannabis Practice Leader at Grassi & Co., headquartered in New York, NY, has spent close to 30 years working with hospitals, physicians and outpatient centers. At the beginning of 2016, he started fielding questions about medical cannabis.
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Cannabis: Top Trends to Watch in 2019

4 experts offer their insights.

By Liz Gold
CannaBizCPA.Pro

There’s no denying it – cannabis is hot and more people (CPAs included) are jumping in to be part of the Green Rush.

MORE ON CANNABIZ: CPA Takes His Cannabis Practice on the Road | Moving Beyond 280E: Dean Guske on the Cannabusiness | Cannabis Lights Up Midterm Ballots | Squar Milner Takes on Cannabis in California and Beyond | 4 Best Things About Being a ‘Dope’ Accountant | 5 Biggest Mistakes Cannabis CEOS Make | Five Secrets to Launching Your Own Cannabis Accounting Firm
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November’s midterm elections proved that people across the country are in support of legalizing cannabis – in some fashion – bringing that number up to 33 states that have some measure of access to cannabis. According to NORML, so far in 2019, there are nine states with pending legislation to legalize adult use cannabis – including Vermont, New Jersey, Illinois and Washington, D.C. Legalization for medical use is also under way for four states – South Carolina, Tennessee, Indiana and Texas.
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CPA Takes His Cannabis Practice on the Road

Portrait of Frank Palomino Jr.
Palomino

He says 280E issues aren't going away.

By Liz Gold
CannaBizCPA.Pro

Frank Palomino Jr. is ready to roll up his sleeves for cannabis companies.

MORE ON CANNABIZ: Moving Beyond 280E: Dean Guske on the Cannabusiness | Cannabis CPA Carves Out Investment Research Niche | ‘Genius Accountant’ Helps Cannabiz Clients Manage Effectively | Bruce Jolliff: Jumping into Cannabis Head First | Mark Guiley Oversees New Cannabis Niche | Jessica Velazquez on Cannabis Accounting and Activism | PODCAST: Jim Marty and Cory Parnell Go National
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Having obtained his CPA designation in March 2017, Palomino started his company just a few months later in July to live the CPA dream of hanging out a shingle and building up a book of clients.
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Moving Beyond 280E: Dean Guske on the Cannabusiness

Portrait of Dean Guske
Guske

Why the industry is in a sweet spot right now.

By Liz Gold
CannaBizCPA.Pro

Here’s a piece of advice for accountants and CPAs in the cannabusiness industry – don’t get hung up on 280E.

That’s right, you read correctly.

More at CannaBizCPA.Pro: Matthew Karnes Provides Cannabis Research for Investors |  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.| Leveraging R&D Credits and Depreciation for Cannabis Clients | 5 Challenges for Cannabusinesses | Dope CFO Levels Up Its Offerings | Cannabis Trends: What CPAs Need to Know for 2018 and Beyond

More Dean Guske:  The Wild World of Weed: Tax Season Never Ends [VIDEO]  |  America’s New Breed of Cannabis CPAs [VIDEO]

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At least, according to Dean Guske, CPA, MST and owner of Guske & Company in Bellevue, Washington.
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Cannabis CPA Carves Out Investment Research Niche

Matthew Karnes suggests ancillary businesses, not growers.

By 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 the founder of GreenWave Advisors, talked about his projections for the industry’s growth in the opening keynote for the NYSSCPA Cannabis Conference.
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Leveraging R&D Credits and Depreciation for Cannabis Clients

Portrait of Bryan McDonald
McDonald

CPAMD's Bryan McDonald shows clients how to start off on the right foot.

By Liz Gold
CannaBizCPA.Pro

How a cannabis company is structured can have huge tax implications – and getting companies set up correctly, from the get-go, is what Bryan McDonald does when he starts working with a cannabis client.

More at CannaBizCPA.Pro: Cannabis Lights Up Midterm Ballots | ‘Genius Accountant’ Helps Cannabiz Clients Manage Effectively | Bruce Jolliff: Jumping into Cannabis Head First | Mark Guiley Oversees New Cannabis Niche | Jessica Velazquez on Cannabis Accounting and Activism | PODCAST: Jim Marty and Cory Parnell Go National | 5 Biggest Mistakes Cannabis CEOS Make
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As he said, “How you form your entity is really key. It is much more difficult to do that later in the life of a cannabis company.”
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Cannabis Lights Up Midterm Ballots

State CPA societies shift into high gear.

By Liz Gold
cannabizcpa.pro

Voters across the United States showed their support for cannabis during the 2018 midterms, with three states approving new markets and more than a handful of new governors who support the industry.

In addition, Democrats were able to take over the House of Representatives, which tips the scales more in favor of easing some of the liabilities many cannabusinesses face.

More at CannaBizCPA.Pro: ‘Genius Accountant’ Helps Cannabiz Clients Manage Effectively  | 5 CPA Opportunities with Cannabis Clients   |  Squar Milner Takes on Cannabis in California and Beyond  |  Bruce Jolliff: Jumping into Cannabis Head First    |  Dope CFO Levels Up Its Offerings   |  Marcum LLP: Moving Forward in Cannabis with Confidence  | Mark Guiley Oversees New Cannabis Niche  | Cannabis Trends: What CPAs Need to Know for 2018 and Beyond  | Tom Achor: At the Intersection of Cannabis Accounting and Technology  | Jessica Velazquez on Cannabis Accounting and Activism |  PODCAST: Rich Wortmann Pioneers Cannabis in Pennsylvania  |  PODCAST: John Repetti and Mitzi Hollenbeck of Citrin CoopermanPODCAST: Jim Marty and Cory Parnell Go National

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Four big measures were on the Nov. 6 ballots. Here is a rundown: READ MORE →