Purchase the Training Pack ($299.00)
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The session will explore current trends and engagement opportunities in the cannabis industry. The continuing conflict between federal and state laws and regulations, coupled with the economic impact of inflation, the illicit cannabis market, and the aftermath of the COVID pandemic pause have resulted in a perfect storm for an incredibly unique industry. Recreational use of marijuana is currently legal for adults in 21 states and Washington, DC, while medical marijuana is legal and available in 38 states and DC. At the same time, marijuana remains a Schedule 1 narcotic under federal law pursuant to the 1970 Controlled Substances Act where owners, managers, and advisors to state-legal marijuana businesses can be accused of violating federal law.
Program Agenda
Practice and ethical considerations in serving marijuana clients
Type of services needed within the state legal marijuana sector
Valuation approaches and methods in the cannabis sector
Focus on the importance of understanding jurisdictional differences between states and municipalities
Where to find industry resources
Learning Objectives
Understand the current landscape and landmines for professional engagement within the state legal/federally illegal marijuana sector
Explore the differences in the application of traditional valuation methods and approaches to the valuation of cannabusinesses
Distinguish between the tax impact on different kinds of cannabis entities and the effect on valuation
Recognize the growing importance of brand and location
Discover sources of industry data
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