What is cannabis rescheduling? And how might it affect CPAs?
Journal of Accountancy Podcast · AICPA & CIMA
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Show Notes
The AICPA & CIMA Cannabis Industry Conference starts Aug. 12 in Aurora, Colo. Rachel Gillette will be one of the event's front-and-center speakers and moderators.
Gillette joined the Journal of Accountancy podcast recently to discuss some of the trends and issues affecting the industry from a legal and regulatory perspective. Gillette, a Denver-based attorney, also explained how she ended up in this niche practice area.
What you'll learn from this episode:
· Background on the proposed rescheduling of cannabis and why it matters for the industry and for accountants who advise cannabis businesses.
· Gillette's opinion of what might happen with cannabis-related legislation.
· Why potential cannabis rescheduling could mean that certain businesses are no longer subject to Sec. 280E.
· How the potential changes could affect CPAs.
· What Gillette looks forward to about the AICPA & CIMA Cannabis Industry Conference.
· How a decision more than 15 years ago led Gillette to her current area of legal practice.