CRA Revisions to the Annual Financial Statement Requirements
Outline the revisions to the marijuana Annual Financial Statement reporting requirements as well as an overview of the changes to the report that will be effective in 2023. Bring your questions for the Q&A period of this presentation.
Kristie H. Jordan – Manager, Financial Compliance, Licensing Davison, Cannabis Regulatory Agency, Lansing

Who’s Ready for an Audit?
An effectively executed audit provides insights into areas where business operations are strongest, and weakest. Explore the role of audits in evaluating financial reporting controls for cannabusinesses and discover the impact corporate structure can have on audit procedures.
Christopher M. Rosmarin, CPA – Principal, Rehmann, Grand Rapids

Cost Accounting: Managerial Perspectives
Establishing and maintaining an effective costing system for clients in the cannabis industry is a long-term endeavor. Join this session for a definition of what the rules of engagement are and discover whether tax-basis or GAAP (Generally Accepted Accounting Principles) reporting is more appropriate to improve metrics for management decisions.
Taylor Schuck, CPA – Manager, FGMK, Chicago, IL

Tax Court: Cannabis Edition
Can the Modified Accelerated Cost Recovery System (MACRS) be used to apply depreciation under 280E for tax returns and book records? Find out what recent tax court cases can tell us about this particular tax situation, and others 280E questions reviewed by the courts, such as what is trafficking, do IRS audits violate my Fifth Amendment rights, and what pitfalls to avoid, during this in-depth case study.
Jennifer Benda, JD, M.S. – Partner, Holland & Hart LLP, Denver, CO
Tamara Kotzker, JD, LL.M. – Of Counsel, Holland & Hart LLP, Denver, CO

A New Focus on Insurance in Cannabis
Those operating in the cannabis space still face distinctive challenges when it comes to procuring services necessary for running a business. With the implementation of Michigan’s new cannabis liability insurance requirements, understanding the types of insurance available and the nuances of procuring it is more important than ever. Find out everything you need to know about insuring a cannabusiness, including the risks the right insurance can mitigate.
Jim Mattson, CSP – Vice President-Business Development & Risk Management, Canopy Insurance Group, Birmingham