Challenges in Cannabis Accounting with Daryl Jendras #116

Challenges in Cannabis Accounting with Daryl Jendras #116

Daryl Jendras is a CPA and managing director at Green Rush Tax who specializes in accounting, tax consulting, advising, and planning specifically in the cannabis space. In this episode, Daryl shares the challenges cannabis businesses face and the things they can do to mitigate their tax burden. Daryl is NOT your average nerdy accountant! His passion for cannabis and promoting the industry really shines through during this conversation. Cannabis accounting is the topic for today.

Green Rush Tax

Daryl and I discussed the following questions:

  1. Cannabis businesses have one hand tied behind their back when it comes to taxes, can you explain this, why, and what’s going on here?
  2. What mistakes do cannabis companies consistently make when it comes to mitigating their tax burden?
  3. Can you share a story of a client you met who was making a fatal error in their books and Green Rush was able to turn that around into a success?
  4. According to your LinkedIn, you’re the VP of 3/Gaming, what’s that and what’s that got to do with cannabis?
  5. Why cannabis? There are a number of industries out there that don’t have the frustration of this business. Why wade into this taxing tax morass?

How to Connect with Daryl Jendras and Green Rush

Cannabis Advocate Podcast

The Cannabis Advocate podcast advocates for businesses in the cannabis industry and explores the unique challenges they face. Despite hurdles in legislation, regulation, and culture, there are tremendous opportunities for growers, manufacturers, and retail sellers of cannabis products. Many of these issues are unique to the cannabis industry. This podcast speaks to these common concerns and shares stories of success.

This is a production of Habanero Media.  https://habaneromedia.net

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