Podknife - Hemp L.A.B.~ Finding Innovative Solutions from a Lawyer, Accountant & Banker (2020) by The Talking Hedge

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Hemp L.A.B.~ Finding Innovative Solutions from a Lawyer, Accountant & Banker (2020)

Podcast |: The Talking Hedge
Publisher |: Josh Kincaid
Media Type |: audio
Podknife tags |: Business,; Interview,; Marijuana,; Society & Culture
Categories Via RSS |: Business,; Business News,; Investing,; News
Publication Date |: Jan 30, 2020
Episode Duration |: 00:50:46

Panel: Complexities of a Regulated Hemp & CBD Market in Portland, OR at The CBD Connex produced by The Cannabis Collaborative Conference.

PANELISTS:

Accountant ~Dani Espinda, CPA, CGMA https://www.linkedin.com/in/dani-espinda-cpa-cgma-3a92a323/

Banker~ Carmella Houston https://www.linkedin.com/in/carmella-houston-4b61851a/

Lawyer~ Katrina Glogowski https://www.linkedin.com/in/katrinaglogowski/

Show Notes:

02:13, How are companies avoiding logistical nightmares when shipping or transporting hemp & its derivatives?

04:40, Do hemp companies have an option of cash or accrual accounting?

07:10, If a company is forced to operate all in cash, are there any tools they can use to determine if there’s fraud occurring?

090:15, Can you briefly clarify what the current banking options are for Hemp & CBD businesses?

14:38, How will accessible banking services affect the lending landscape & hemp industry overall?

17:36, What advice do you have for how to prepare & stay ahead of a volatile regulatory environment?

21:15, Generally speaking, would you recommend certain hemp & CBD companies use Section 263A to maximize COGS, enabling a portion of costs to be converted into inventory?

25:47, How will that impact loans and what can account holders do to protect themselves?

29:11, How can companies protect themselves while staying in compliance in an industry that has perpetual potential changes?

40:10, Are additional overhead expenses for CBD ancillary stores worth the tax savings? Or is this a real estate investment strategy to secure future cannabis lounges?

40:44, Will Credit Card Processors and Money Transmitting Services pivot to stay relevant after banking services become readily available?

Hemp CBD Connex

https://connexhempevents.com/event-schedule/

Host:

Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.

https://www.linkedin.com/in/joshkincaid/

The #TalkingHedge:

Your cannabis business podcast covering cannabis products, business news, investments & events.

https://www.theTalkingHedgepodcast.com

Music Info:

Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats

--- Support this podcast: https://anchor.fm/talkinghedge/support

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