This segment is focused on providing an overview of the incredibly dynamic practice niches of regulated, legal cannabis and agricultural grade hemp. The session will address the current landscape for state and local jurisdictional rules that permit recreational and medical access to cannabis and how the industry has evolved between cultivation, processing and dispensing product. Landmark case law will be covered, as will income tax compliance aspects of IRC 280E, IRC 471(c) and beyond. This topic has been produced by Mr. Seigneur to several state CPA societies and bar associations with great reviews and will be accompanied by several ancillary items to assist practitioners interested in practice development in these niches.
oUnderstand how IRC 280E and municipal battle lines are the big limiting factors in today’s industry
oExplore the lessons learned from states like Colorado, Oregon and Washington, as well as insights from emerging markets like Illinois and Michigan
oGain insights into the future of hemp and CBD related products as the industry continues to evolve and mature
oConsider risk management issues for serving cannabis clients