About this event
The State of Craft is a bi-weekly live conversation discussing the state of the legal craft cannabis industry presented by CertiCraft
"My father was fond of saying you need three things in life: a good doctor, a forgiving priest, and a clever accountant. The first two, I've never had much use for." -Oskar Schindler
One of the often overlooked pillars of any business is accounting. This is doubly true for the emerging cannabis industry with issues like excise tax and certain institutions not accepting cannabis business. When there are hundreds of ways to financially hamstring your operation, it's essential to have solid financial planning and the advice of an experienced accountant in your corner.
That's why CertiCraft has brought together a trio of cannabis accounting wizards to help us navigate the potential pitfalls and most essential best practices in the Canadian cannabis industry. Episode 20 of the State of Craft will be packed valuable insights, hard truths, and potential opportunities from the frontlines of cannabis finance.
You can create a great cannabis product and you can build an amazing facility, but if you aren't keeping track of your facility's financial health, you can quickly find yourself under a mountain of debt. Whether you're just starting up, seeking financing, or trying to hit profitability, you will benefit from solid accounting principles and expert advice.
Come listen to those who have fought, faltered, and have risen to the top of their profession on the State of Craft.
For Episode 20, CertiCraft presents:
Luke Biles, CPA, CA - Partner, MNP
Luke is a Partner and Business Advisor at MNP, providing specialized accounting, tax, and business support services to private enterprises on Vancouver Island and across Canada. Luke leads MNP’s cannabis service line for the Island and participates in setting the firms strategy across BC, drawing from his experience as Financial Controller of Rubicon Organics during the early years of legalization to provide quality service and value to the cannabis industry and its service providers.
Kayla Mann, CPA, CA - CFO, Habitat Life
Born, Bred, and Based in the Okanagan, BC, Kayla Mann started her accounting career at Ernst & Young, one of the largest professional services firms in the world. Since then, she has held a number of widely varied positions with companies from Bison farms to cannabis firms.
Kayla loves the excitement of the start up environment and the cannabis industry, holding several senior positions with The Valens Company before becoming the CFO of Habitat Life. Today, Kayla uses her diverse experience to manage the financial affairs of a company at the unique intersection of cannabis and sustainable seafood.
Kayla also pursues her passion a professional photographer, publishing nude, portrait, and street photography.
Dan Mallett, CPA - CFO & Co-founder, Alberta Bud Inc.
CFO and co-founder of Alberta Bud, founded 2019. Alberta Bud is the first micro-cultivation and micro-processor license holder in Alberta. They specialize in growing high-test craft cannabis, notably their proprietary Slurface and Uppercut Punch strains. Dan handles the accounting, compliance filings, shaking the money trees, and pretty much all things related to finance. Dan says "it’s a big job but it keeps the growers focused on what they do best!"
Prior to Alberta Bud, Dan owned and operated an accounting firm, Maddocks and Mallett LLP. He and his former partner started the firm in 2017, and focused on cloud-based accounting and disrupting the traditional firm model. Dan's efforts landed him a spot on Xero’s Canadian XPAC committee.
Until 2014, Dan was an RCAF Captain, and flew fighters doing radar jamming, combat readiness training, and flight instruction. He likens himself to Goose or R2D2, depending on your taste in movies.
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What is The State of Craft?
The State of Craft is a webinar series focused on the legal craft cannabis industry.
The rollout of cannabis legalization in Canada has been full of ups and downs. The craft cannabis industry in particular has been immensely affected by a myriad of challenges and missteps in the years following the Cannabis Act and Cannabis Regulations.
In The State of Craft, Sami Majadla, CEO of CertiCraft, facilitates conversations with leaders in the legal craft cannabis industry to explore what is going well and what is going not-so-well. We'll discuss what can realistically be changed at different levels of government and industry alike to address major issues the craft cannabis sector is facing, and hopefully inspire stimulating ideas of all sorts. Every episode will end with a 15 min live Q&A with our audience.
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What is CertiCraft?
CertiCraft is a compliance software system that helps small-to-medium licensed cannabis producers stay on top of their regulatory requirements. The platform has a focus on ease of use, minimal training time (<15 mins), and incredible time savings. Find out more at certicraft.com.
CertiCraft
They made it hard. We make it easy.CertiCraft is on a mission to help craft cannabis producers transition into and thrive within the new regulated market. Our flagship product is a simple compliance platform.
