CannaBlog

Springtime Hopes Die Under The Summer Sun

Springtime Hopes Die Under The Summer Sun 280E, Cannabis Banking Reform Will Not Be Voted On By This Congress By Jim Marty, CPA and Chief Executive Officer of Bridge West LLC Another 100 degree day in Denver and I hop in my car to attend a roundtable of prominent CPAs, attorneys, and politicians hosted by […]

Reflections on Cultivate ’18

New Jersey’s Medical Marijuana Program is on the Move!

New Jersey’s Medical Marijuana Program is on the Move! On July 16, 2018, the New Jersey Department of Health (“DOH”) announced that it would accept applications for up to six medical marijuana dispensary licenses, with two in each of New Jersey’s northern, central and southern regions. The DOH issued this Request for Applications (“RFA”). New Jersey’s Medical […]

A Tipping Point for Cannabis in the United States?

By Jim Marty, CPA/ABV MS Early last Wednesday morning, my phone lit up with calls from Oklahoma attorneys, accountants, and other interested parties who wanted to speak me about the results of Tuesday’s Oklahoma primary elections.  A very liberal medical marijuana bill had passed in the state primary election.  Not only was this the first […]

Organizational Structure and Entity Selection

By Cory Parnell, CPA, Chief Operating Officer of Bridge West, LLC Over the past 12 months, Bridge West has been leading numerous conversations with their cannabis clients regarding organizational structure and entity selection.  These conversations have benefited both start-up organizations, as well as, established cannabis operators. During this time, Bridge West has observed that most […]

Determining Inventory Costs

By Cory Parnell, CPA, Chief Operating Officer of Bridge West, LLC Since Bridge West started working with cannabis companies in 2009, one of the most difficult accounting issues has been determining inventory costs.  Determining the cost of the inventory is a very complex and difficult issue for most operators because there are no legacy cannabis […]

Trump says OK to Cannabis Legislation

Trump says OK to Cannabis Legislation By Jim Marty, CEO of Bridge West   He did it! A ripple went through our table at dinner Friday night.  My phone started to buzz. I was at a UMass college reunion in New England when President Trump’s comments hit the news services as he left for the […]

National Cannabis Industry Association’s Lobby Days on Capitol Hill

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 […]

Marijuana Business Daily’s MJBizConNEXT

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 […]

Senator Cory Gardner talks cannabis with President Trump

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 […]