As codified by Lieutenant Colonel Paul Marcy in 2013: “As an operator in Special Forces, SSgt Wayne was often entrusted with a great amount of responsibility and has always responded with aplomb. This past deployment, he was responsible for combat advising a platoon of Afghan Commandos in the highly kinetic Helmand River Valley of Afghanistan. […]
Archives for February 2024
RESISTING TEMPTATION: CANNABIS ACCOUNTING 280E GAPS & AGGRESSIVE ACCTG RISKS
Premise: 280E compliance and the tremendous pressures on cannabis cash flow is but one of many risks when jumping into the cannabis industry, which in turn contributes to traditional capital sitting on the sidelines. It is so, so tempting to be “overly aggressive” with product costing elements to boost reported cost of goods sold above […]
GETTING READY FOR THE DANCE-ONLY ONE CHANCE TO MAKE A GOOD FIRST IMPRESSION
Premise: Huge challenge in the cannabis space is access to capital; pre-revenue start-up funding, working capital financing, cap ex & growth capital, expansionary & exit funding. Moreover, the possible eventual re-scheduling & Safer Banking Act (or an equivalent) will likely create both opportunities as well as potential threats for those struggling to cover 280E burdens, […]