Navigated to Ep. 171: Social Equity Programs: Financial Compliance and Reporting Requirements

Ep. 171: Social Equity Programs: Financial Compliance and Reporting Requirements

June 16
8 mins

Episode Description

Social equity programs in Cannabis come with complex financial requirements that go far beyond standard business accounting. Many businesses participating in these programs struggle to meet ongoing compliance obligations, risking their licenses and partnerships.

From detailed revenue sharing agreements to specific reporting requirements, social equity compliance involves financial tracking that most accountants aren't familiar with. Mistakes in documentation or reporting can jeopardize both the equity partnership and regulatory standing.

Join us for an informative podcast as Andrew Hunzicker, CPA breaks down the financial compliance requirements for Cannabis social equity programs.

You'll learn:

- State-specific social equity financial requirements and their implications

- Proper documentation and accounting for equity partnerships and revenue sharing

- Ongoing reporting obligations that businesses must maintain

- How to structure partnerships to meet both business and compliance goals

- Common financial compliance mistakes in social equity programs

- Best practices for maintaining accurate records that satisfy regulators

Whether you're participating in a social equity program or advising clients who are, this session will help you navigate the complex financial landscape of Cannabis social equity compliance.

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