BV500-WEB - Emerging Issues in the Cannabis Industry: Hot Buttons, Lessons Learned, Challenges and Trapdoors
Category: Business Valuation
Continuing Education: 2
Registration
Please see the "Upcoming Classes" tab for class offerings and registration information.
Webinar Course Description
This session will provide participants with a solid
grounding in cannabis industry with respect to critical accounting and tax
compliance issues. Emerging trends in agricultural hemp and CBD will be
covered. The session will cover business and intellectual property appraisal
nuances and challenges. Participants will be provided a gratis copy of Mr.
Seigneur’s recently released white paper on industry trends and conundrums and a $50 discount on The Cannabis Industry Accounting and Appraisal Guide.
Course Audience
Practitioners interested in undertaking engagements in
the cannabis and hemp/CBD sectors. The webcast will be informative to those
investing in or managing businesses in the cannabis sector as well.
NASBA and Continuing Professional Education (CPE) Credit
The American Society of Appraisers is registered with the National
Association of State Boards of Accountancy (NASBA) as a sponsor of continuing
professional education on the National Registry of CPE Sponsors. State boards of
accountancy have the final authority on the acceptance of individual courses for
CPE credit. Complaints regarding registered sponsors may be submitted to the
National Registry of CPE Sponsors through its website www.learningmarket.org.
CPE Credit: (2) Hours in Specialized Knowledge
Program Level:
Fundamental
Delivery Method: Group-internet based courses are approved for
CPE
Prerequisites: None
Advanced Preparation: None
Policies: ASA's
Refund and Cancellation Policy and ASA's Complaint Resolution Policy
Instructor Information
Ronald L.Seigneur , ASA | Managing Partner | Seigneur Gustafson LLP
Ronald L. (Ron) Seigneur is managing partner of Seigneur Gustafson LLP, based in
Lakewood, Colorado, where he specializes in business & intellectual property
appraisal, economic damages, financial forensics, professional services firm
consulting and taxation.
Ron has significant experience working with complex valuation, commercial
damages, forensic accounting, and related litigation support matters, with
significant experience as a testifying expert in numerous jurisdictions.
Ron has served as court appointed Special Master, trustee, receiver and
arbitrator. Ron is co-author of Reasonable Compensation: Application
and Analysis for Appraisal, Tax and Management Purposes, published by
Business Valuation Resources, co-author of Financial Valuation: Applications
and Models, Fourth Edition, a 1300+ treatise on business valuation
published by John Wiley & Sons, and co-author of The Cannabis Accounting
and Appraisal Guide , published by LuLu. He is an adjunct
professor at the University of Denver Daniels College of Business, a member of
the AICPA ABV Hall of Fame, a Fellow of the College of Law Practice Management
and a charter member of the AAML Forensic and Valuation Services
Division.
No prerequisites for this course.
Agenda
The following topics are covered in this course:
- Industry overview and hot button issues
- IRC 280E and choice of entity issues
- Legislative landscape and the outlook for banking
- The cannabis plant, CBDs and hemp
- Lessons learned from Colorado
- Business and IP appraisal in the cannabis sector
- Macro trends
- Potpourri
- Questions and Answers
Learning Outcomes
Upon completion of this course,students will be able to:
- Introduce participants to the nuances and challenges
of cannabis and hemp/CBD related appraisal engagements;
- Develop an understanding of the rapidly evolving landscape in cannabis and
hemp/CBD;
- Examine how to apply income and market based methods for business and IP
appraisal assignments; and
- Identify industry resources available to assist practitioners in cannabis
and hemp/CBD engagements.