Naomi Granger: Co-Founder of Dope CFO talks the state of accounting for cannabis business, the most common canna-biz financial woes, protecting your biz & becoming a canna accounting professional
This week I’m talking to Naomi Granger, Co-Founder of Dope CFO, a company that provides accounting services to legal marijuana businesses and educational tools for accountants & financial professionals (or anyone interested in becoming a cannabis accounting professional). Naomi has over 12 years of experience in both public accounting and industry accounting. She is very passionate about the rapidly growing cannabis industry and works with CEOs to help them navigate the ever-growing list of compliance concerns, banking issues and federal tax limitations so they can focus on maximize their cash flow, minimize their tax burden and never worry when the auditors come around.
In our chat, we dig into: the state of accounting for cannabis related businesses today and why Experienced bookkeepers, accountants and tax professionals are needed in a big way to service the cannabis niche; the most common financial woes plaguing cannabis business owners today, and how to avoid falling victim to them; being in the know of the ever-growing list of compliance concerns, banking issues and federal tax limitations for growers and dispensaries; what to look for in a cannabis business accountant and the questions to ask; how someone interested in serving the cannabis accounting niche can get into business