BV500-WEB - Emerging Issues in the Cannabis Industry: Hot Buttons, Lessons Learned, Challenges and Trapdoors

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.

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.