CANNABIS

Jessica Velazquez on Cannabis Accounting and Activism

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Portrait of Jessica Velazquez
Velazquez

Her concerns stretch from the regulatory framework to the particular needs of minorities.

By Liz Gold
cannabizcpa.pro

It was a fusion of life experience and natural skill that thrust Jessica Velazquez, CPA, founder and CEO of Indiva Advisors, into accounting.

MORE ON CANNABIZ: PODCAST: Rich Wortmann Pioneers in Pennsylvania | PODCAST: John Repetti and Mitzi Hollenbeck of Citrin Cooperman | 4 Best Things About Being a ‘Dope’ Accountant | Five Reasons Accountants Should Serve Cannabis Clients | The Fire Starter: Groundbreaking Cannabis CPA Luigi Zamarra | CPA Marcena Sorrels: From Health Care in Texas to Cannabis in Oregon | SURVEY: N.J. CPAs Support Recreational Cannabis | CPA Kim Walker: ‘We Can’t Be Afraid of Diving into Marijuana’

And more on the cannabis niche at CPA Trendlines cannabizcpa.pro

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A first-generation Mexican American, Velazquez is the second oldest of eight, lending a hand in a busy family clothing wear business. At the age of 15, when her parents got audited, she was able to serve as translator and bridge the language gap between her family and the IRS agent.
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4 Best Things About Being a ‘Dope’ Accountant

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Clients are easy to find.

By Andrew Hunzicker
Cannabizcpa.pro

Serving the cannabis niche in today’s world is a once-in-a-lifetime event for an accountant, as this industry as it appears is rapidly moving toward federal legalization. The industry is filled with issues and headaches around banking, software, cash management, risk management, merchant services, compliance, continuous regulatory (state, county, city) changes, and last but not the least: accounting.

MORE: 5 Biggest Mistakes Cannabis CEOS Make | Five Secrets to Launching Your Own Cannabis Accounting Firm | Five Reasons Accountants Should Serve Cannabis Clients | CPA Andrew Hunzicker Creates Course in Cannabis Accounting
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In any industry, accountants and bookkeepers are often given the extra roles around insurance, HR, compliance and anything else the CEO doesn’t enjoy. Because most of mainstream accounting is still waiting for federal legalization, this provides a great opportunity for us who want to enter the fastest growing niche in the U.S., with over 10,000 new companies being launched this year alone. So what is so great about serving this niche?
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5 Biggest Mistakes Cannabis CEOS Make

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… and how to use them to land a client.

By Andrew Hunzicker
Cannabizcpa.pro

The single biggest mistake cannabis CEOs make is not paying enough attention to compliance.

MORE: Five Secrets to Launching Your Own Cannabis Accounting Firm | Five Reasons Accountants Should Serve Cannabis Clients | CPA Andrew Hunzicker Creates Course in Cannabis Accounting
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That’s not surprising, considering many cannabis companies – especially those that have evolved out of the black market – are going from a completely unregulated black market to one of the most regulated industries in the U.S.
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Five Secrets to Launching Your Own Cannabis Accounting Firm

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Start with “shock-and-awe” service and tie billing rates to clients’ topline revenues.

By Andrew Hunzicker
cannabizcpa.pro

To succeed in an accounting business in the booming cannabis niche, firms must be able to deliver real value to clients.

More at CPA Trendlines’ cannabizcpa.pro: Five Reasons Accountants Should Serve Cannabis Clients  |   Derek Davis Keeps California Cannabis Clients Informed  |  Corporate to Cannabis: Laura Durham of Kind Accounting  |  Corporate to Cannabis: Laura Durham of Kind Accounting  |  The Fire Starter: Groundbreaking Cannabis CPA Luigi Zamarra  |  Commercial Medical Marijuana Use Comes to Michigan

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It’s the first of five essential ingredients you’ll need in order to prosper because many CEOs think of accounting and bookkeeping as a “cost” and a headache.

So your offering needs to be world-class, delivering “shock and awe” service to each of your clients.

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Five Reasons Accountants Should Serve Cannabis Clients

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The biggest growth industry since cable TV desperately needs good accountants.

By Andrew Hunzicker
cannabizcpa.pro

There are many reasons that accountants, bookkeepers, and CPAs are launching their own cannabis firms, and some of these might apply to you as well.

More on Cannabis Accounting: Corporate to Cannabis: Laura Durham of Kind Accounting | The Fire Starter: Groundbreaking Cannabis CPA Luigi Zamarra | CPA Marcena Sorrels: From Health Care in Texas to Cannabis in Oregon | SURVEY: N.J. CPAs Support Recreational Cannabis | CPA Kim Walker: ‘We Can’t Be Afraid of Diving into Marijuana’ | A CPA’s Unexpected Journey into the Cannabis Industry | Billion-Dollar Questions: Cannabis FAQ for Accountants | Pioneering Cannabiz CPA Warns: Tread Softly

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Here are just five: READ MORE →

Derek Davis Keeps California Cannabis Clients Informed

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Portrait of Derek Davis
Davis

Word to the wise: Have a partner.

By Liz Gold
cannabizcpa.pro

If you’re on the email list of California Cannabis CPA, expect to receive a weekly roundup of cannabis licensing deadlines, requirements and more from around the state.

MORE ON CANNABIZ: Corporate to Cannabis: Laura Durham of Kind Accounting | The Fire Starter: Groundbreaking Cannabis CPA Luigi Zamarra | CPA Marcena Sorrels: From Health Care in Texas to Cannabis in Oregon | SURVEY: N.J. CPAs Support Recreational Cannabis | CPA Kim Walker: ‘We Can’t Be Afraid of Diving into Marijuana’ | A CPA’s Unexpected Journey into the Cannabis Industry | Billion-Dollar Questions: Cannabis FAQ for Accountants | Pioneering Cannabiz CPA Warns: Tread Softly
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It’s a way founder Derek Davis, CPA, not only stays in front of his clients, prospects and community but provides them with information they should know as the industry unfolds in California.
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