Cory Parnell, CPA

COO | Principal
Direct: 651-287-6327
cparnell@bridgewestcpas.com

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Cory Parnell, CPA, is the Chief Operating Officer of Bridge West LLC.  Cory has over 25 years of experience working with business owners and senior management in developing strategic business plans, dealing with complex tax and accounting issues, assisting in the implementation of “best practices,” and increasing shareholder value.  Cory also serves as the CEO of Boeckermann Grafstrom & Mayer, LLC, a CPA firm that serves clients throughout the United States.

Cory has been involved in the cannabis industry since 2014, and as one of the leaders of Bridge West, he assists in managing the Firm’s Cannabis Team to provide exceptional client service to their clients.  Cory advises cannabis clients through challenging business and regulatory environments.  His technical and advisory services to cannabis clients ranges from minimizing the effects of IRS 280E, inventory management, inventory costing, cash management, and preparing financial statements.

Together with the Bridge West cannabis team, Cory assists organizations address the industry’s most unique and ever-evolving issues.  He helps cannabis clients make the right decisions at the right time, which can be critical.  For cannabis businesses, the legalized marijuana market is constantly evolving, and the importance of time is increased tenfold.  Cory is heavily engaged in cannabis legislation which is continually changing and these changes can impact a client’s operations.  Cory has been actively involved lobbying states to change their tax statured to allow for 280E deduction.

Experience

Chief Executive Officer and Member of the Board of Directors
Boeckermann Grafstrom & Mayer, LLC, Certified Public Accountants
Bloomington, Minnesota
2012 – Present

Managing Partner
Johnson, West & Co., PLC, Certified Public Accountants
St. Paul, Minnesota
2006 – 2012

Partner
Johnson, West & Co., PLC Certified Public Accountants
St. Paul, Minnesota
1997 – 2005

Manager
Johnson, West & Co., PLC Certified Public Accountants
St. Paul, Minnesota
1995 – 1997

Chief Financial Officer
Video Update, Inc.
1992 – 1995

Senior Accountant
Johnson, West & Co., PLC, Certified Public Accountants
St. Paul, Minnesota
1989 – 1992

Staff Accountant
Ron Ulbrich, Ltd.
St. Paul, Minnesota
1985 – 1988

Licensing, Memberships and Honors

  • Certified Public Accountant (CPA) since 1989
  • American Institute of CPAs (AICPA)

Education

  • BA Accounting, University of St. Thomas, St Paul, Minnesota, 1985