National Cannabis Industry Association’s Lobby Days on Capitol Hill May 22-23, 2018 Observations by Jim Marty, CPA, MS/ABV CEO of Bridge West CPAs and Consultants LLC I attended the NCIA’s Lobby Days in Washington D.C. last week. It was my third Lobby Days in the last five years, and I have seen the influence […]
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Marijuana Business Daily’s MJBizConNEXT May 9-11, 2018 at New Orleans, LA Observations by Jim Marty, CPA, MS/ABV CEO of Bridge West CPAs and Consultants LLC The Bridge West team traveled to New Orleans, LA earlier this month to sponsor and exhibit at Marijuana Business Daily’s MJBizConNEXT. Here are my observations: This was the first […]
Colorado Republican Sen. Cory Gardner of Colorado said that he had a conversation with President Trump Wednesday night. A conversation where he, President Trump, reiterated his campaign pledge to let cannabis legalization be a state’s rights issue. Gardner has been fighting to reverse a decision made by Attorney General Jeff Sessions to repeal the Cole […]
By Debra Borchardt It’s that time of year when thoughts turn to taxes. With tax reform, it’s been an especially busy and complicated effort by CPA’s to figure out just how tax reform will affect businesses and individuals. The cannabis industry luckily doesn’t have to worry about tax reform because the reform didn’t reform anything for […]
On November 7, 2012, Massachusetts voters approved a measure to legalize medical marijuana. At that time, Massachusetts law required Registered Marijuana Dispensaries (RMDs) to form and operate as nonprofit corporations pursuant to Massachusetts General Law (M.G.L.) .c.180. In addition, M.G.L. c.180 had strict compliance requirements relating to transactions between RMDs, management companies, real estate companies, […]
Just as the recent “snow bomb” blasted the Northeast with frigid temperatures, stinging wind, and damaging floods, Attorney General Sessions really stirred things up last week! On Friday, January 5, 2018, Attorney General Jeff Sessions unilaterally revoked the Cole and Ogden memos that have guided Federal law enforcement policy on medical and recreational use cannabis […]
Yesterday, Attorney General Jeff Sessions rescinded a trio of memos from the Obama administration that had adopted a policy of no-interference with marijuana- friendly state laws. Under the new guidance, U.S. Attorneys are directed to make their own judgements on what to prosecute. They are told to make decisions regarding what crimes to prosecute based […]
By Liz Gold As a CPA in Colorado, Jim Marty saw a need for a large, sophisticated accounting firm to handle the booming cannabis industry. As a result, he designed his Longmont, Co.-based firm, Bridge West CPAs – focused solely on cannabis clients – to be acquired. And as it turned out, his plan and […]
Our combined presentation with Bridge West and the Hoban Law Group went off without a hitch. We had over 80 people in attendance. Cory Parnell and I gave a one hour slide show on cannabis tax and accounting issues, and Steve Schain and Bridget Hill-Zayat followed with an overview of some of the regulatory hurdles […]
CEO Jim Marty and COO Cory Parnell will be presenting: Cannabis 101 Industry Primer: Tax, Accounting, and Legal Issues You Need to Know Bridge West LLC and Hoban Law Group 10-25-17 | Philadelphia, PA A presentation about: Tax and accounting issues facing cannabis businesses Legal issues facing cannabis businesses