Sat, Apr 13
|Cannabis Startup Incubator
Medical Marijuana Accounting For Your Business Licensing Application
Amendment 2 applications are set to be submitted on Aug. 3rd, 2019. Course curriculum specifically designed with the most recent updates from the Missouri Department of Health and Senior Services, Section 1. Article XIV.
Time & Location
Apr 13, 2019, 1:00 PM – 4:20 PM
Cannabis Startup Incubator, 300 E 39th St, Kansas City, MO 64111, United States
About the event
Cannabis Finance & Accounting: Planning Your Medical Marijuana Business Application
3.5-HOUR CRASH COURSE CURRICULUM
Amendment 2, Section XIV, Medical Marijuana Missouri
Business Structure
Goals
Financing or Investment Types- Friends & Family, Angel, Private
Securities Law
Separate Entities for Non-Plant Touching Business
Canna Tax Responsibilities-Know Your Tax Rates
Fed
State
Local
Sales & Use
Selecting an Accounting & Point of Sale System
Chart of Accounts
Suspicious Activity Report 8300 SAR
280E What It Is & What It Means
Cost of Goods Sold- What Canna Businesses Can Include
Deductions- Sales or Product (Inventory)
Best Practices
Documentation Management & Record Keeping
Compliance State, Local
Internal Controls & Audits-Reconciliations
Inventory Management
Fraud & Theft Controls
Payroll & Tax Solutions
Penalties & Audits
How Using Data Will Increase Your Profits
Initial Shortages
Wholesale Inflation & Realization
Price Wars & Drops
Current Trends on Sales, Growth & Values
Medical Market by State
Patient Count by State
Retention
Saturation
Product Sales by State
Flower
Edibles
Concentrates