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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…

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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…

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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…

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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…

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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,…

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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…

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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…

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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…

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The Growing Financial Crisis Facing Professional Athletes

The life of a professional sports athlete seems glamorous and spectacular from the outside. The money, the meteoric rise to fame, the cars, the mansions, the clothes, endorsements and general…

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TAX ALERT: Guidance for Qualified Opportunity Zone Tax Incentives

Last year’s Tax Cuts and Jobs Act, H.R. 1 (“the Act”) created a federal capital gains tax deferral program through the opportunity zone statute, which is designed to attract private,…

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