Essential cannabis industry educational resource hits major milestone
Los Angeles, May 18th, 2021 — GreenGrowth CPAs, the leading provider of tax, accounting and advisory services to the cannabis industry, reached an important milestone this week when their YouTube channel surpassed 10,000 subscribers. The channel has nearly 200 videos addressing complex topics for cannabis industry operators and investors, including tax compliance and filing advice and best practices for navigating 280E; technical accounting advice for entity structuring, raising capital, or going public; and foundational information on how much capital is needed to start a cannabis business and what the licensing process entails.
“Education for the cannabis industry has always been at the core of what we do, and what we believe in,” said Derek Davis, President and Founder of GreenGrowth CPAs. “The cannabis industry is so complex, with tax laws and regulations varying from market to market, it just made sense for us to share our institutional knowledge and help make the cannabis industry stronger from the ground up.”
The GreenGrowth CPAs YouTube channel has built an active and engaged community of operators and investors. The channel’s content varies with technical “webinar-style” videos that explain core accounting concepts, like Cost of Goods Sold (COGs) or the importance of Chart of Accounts; interviews with influential leaders in the cannabis industry; and deep dives into emerging cannabis industry news.
“It is already so difficult to maintain tax and regulatory compliance, not to mention turn a profit, in the cannabis industry” said Marko Glisic, Audit Partner at GreenGrowth CPAs. “Internally we are always working to establish best practices and SOPs around the complexities we encounter in the market. It is just the right thing to do to share that insight with the cannabis industry at-large. Everyone benefits when operators of all sizes can minimize their tax burden, turn a profit, and reinvest in their business.”
The GreenGrowth CPAs YouTube page features new videos every week. You can see all the videos at: https://www.youtube.com/c/GreenGrowthCPAs
About GreenGrowth CPAs
GreenGrowth CPAs is the leading CPA firm providing tax, accounting, and advisory services to the cannabis industry. As the largest cannabis-focused CPA firm in the US, GreenGrowth CPAs’ unmatched institutional knowledge helps cannabis operators and investors lower their tax burden, drive revenue, and conduct transactions like capital raises, M&A deals, and IPOs/RTOs. GreenGrowth CPAs services over 300 clients, including everyone from start-ups to multi-state operators (MSOs), in legal adult-use and medical cannabis markets in the US and around the world. Learn more at: www.greengrowthcpas.com