Cannabis Inventory and IFRS Biological Assets – Inventory Records

As cannabis companies continue to move to the public markets in Canada, high quality inventory records become much more important. Not only is there greater disclosure and scrutiny of financial information, but International Accounting Standard 41: Agriculture (IAS 41) requires additional computations on biological assets (plants and all inventory derived from those plants) to bring […]

2018 Midterm Influences on Cannabis in the Midwest

The Midwest is a mixed bag when it comes to cannabis laws; but following the 2018 Midterm Elections the trend is definitely towards a more comprehensive and unified region with a positive outlook on cannabis, both medical and recreational. While North Dakota has been struggling to get their medical marijuana industry up and running while […]

Reflections on Cultivate ’18