Ideas & Insights

Ideas & Insights

Reading the Cannabis Leaves: What M&A Activity Tells Us About the Future of Cannabis

cannabis, M&A, mergers, industry, future, advisory, growth, planning, scaling, consulting, audit, tax

As more states legalize the use of cannabis for medical and recreational use, cannabis companies are seeing a rapid rise in revenue. Profits are always the long-term goal, but many companies that grow, process and…

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Does Your Organization have a Need for an Independent Eye on Performance?

Alternative Engagement Types: Consulting Services, Agreed-Upon Procedures, and Performance Audits By Scott P. Johnson, CPA, CGMA Partner, Macias Gini & O’Connell LLP State and Local Government Advisory Services I have spent most of my professional…

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High Earning Celebrities Must Manage Their Finances like a Fortune 500 Company

As discussed in previous articles, Athletes and Entertainers in Film and Television find themselves in one of the riskiest financial brackets. There’s a lot of mitigating circumstances that can lead to financial peril for these…

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Cannabis Regulatory Round-Up – SAFE Act, STATES Act, New York, New Jersey and more

The legal, legislative, and regulatory landscape of cannabis in North America is dynamic and if there has been one constant since pioneering states implemented a legal ‘seed-to-sale’ adult-use market in 2014, it is change. And…

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The Time is Now for Planning the GASB 87 Lease Accounting Implementation

10 Preliminary Implementation Steps That Will Supercharge Your Action Plan GASB 87 Readiness With an effective date within the next year for some governments (i.e., as soon as January 1, 2020, for governments with a…

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Growing a Strong Economic Future by Investing in Cannabis

Byline: Rodrigo Macias, MGO Gaming, Hospitality and Tribal Services Practice Leader Investments in the gaming and hospitality industries have proven beneficial for many tribes, but leaders planning for the future must consider ways to diversify…

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Did the 2018 Farm Bill Deschedule CBD?

In recent years, cannabis by-product cannabidiol (CBD) has earned great public acclaim for its purported health benefits, launching an industry that is expected to eclipse $1B in 2019. Laboratory research has verified claims about the…

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Key Takeaways from USDA Session on Industrial Hemp and the Farm Bill

hemp, cannabis, farm bill, advisory, consulting, CBD, industrial hemp, tax, 280e, native, tribal, consulting, governance, risk, compliance

On March 13th, the U.S. Department of Agriculture (USDA) held the first in a series of listening sessions to gather public input on the implementation of the Agriculture Improvement Act of 2018, better known as…

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The Financial Perils Celebrities Face in Hollywood

Hollywood can be a lucrative place to achieve heights of financial success and wealth; if one is able to navigate the difficult path to the top earning spots in the industry. People spend years, sometimes…

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The Cannabis Banking Crisis Heads to Washington

cannabis, GRC, advisory, risk, cash, banking, internal control, cash control

by Linda Hurley, Governance, Risk, and Compliance Practice Leader Everyone involved in the cannabis industry, at any level, is all too aware of the obstacles and risks presented by the cannabis banking crisis. As owners,…

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