myCPE
myCPE

Cannabis and Caverns of Cash…What Could Go Wrong?! 1 Credit

Cannabis and Caverns of Cash…What Could Go Wrong?! 1 Credit

  • Rating

    4.4
  • Reviewed on

    March, 2024
  • Subject Area

    Specialized Knowledge

Learning mode

On Demand
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Learning Objective

  • To identify operational excellence training and tools for your company, vendors, and cannabis clients.
  • To analyze the best partner company for your cannabis-related endeavors.
  • To discuss practical tools for immediate application in your business and client interactions.
  • To analyze how to achieve compliance without an extensive expert workforce.
  • To explain resources available to help cannabis clients mitigate financial risks and adapt to growth.
  • To inspect skills to assist cannabis clients in financial risk management when dealing with bankers, lenders, or insurers.

Course Overview

Prepare to explore the depths of financial intricacies within the cannabis industry in our captivating course. Gain profound insights into the genuine financial risks associated with cannabis operations and discover effective tools to mitigate them.

Explore the industry standards in cannabis Financial Services (FS) and learn how to evaluate your cannabis prospects and clients in alignment with these standards. Uncover a treasure trove of operational excellence training and tools available to your company, vendors, and cannabis clients.

Delve into the question of whether you need to establish your expert cannabis compliance team for this market or if there are viable third-party alternatives. Gain clarity on selecting the ideal company to collaborate with in this intricate field.

During this CPE course, attendees will acquire practical tools that can be readily applied to their businesses and when working with clients and prospects. Discover the tools that ensure compliance without the need to hire a battalion of expert employees. Explore the resources available to your cannabis clients to empower them in mitigating financial risks and evolving as they grow. 

Major Topics Covered:

  • Diagnostics and self-evaluation
  • Expert Guidance
  • Data and facts
  • Industry-driven Best Practices:
    • Cash Management
    • Payments
    • Financial Risk Management

Don't miss this exceptional opportunity to navigate the financial challenges of the cannabis industry. Join us and equip yourself with invaluable knowledge to thrive in this ever-evolving landscape. Register now for this enlightening course!

Dive into the world of CPA CPE courses with MY-CPE. Our online courses are here to help you complete your CPA CPE credits seamlessly. We cover a wide range of topics delivered by professional subject matter experts. Forget the traditional way of learning with flexible scheduling and learn at your own pace. Join us and start your journey toward professional growth today!

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

Enter your qualification details to ensure this course is counted toward your compliance.

Add your qualification details to easily track your compliance. You can also add multiple qualifications for comprehensive coverage.

Additional Information

Credit

1

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Rocco Petrilli
Rocco Petrilli

Chief Executive Officer (CEO), Emerging Markets Coalition

  • 4.4
  • rating
  • rating
  • rating
  • rating
  • rating

Driven to improve the profitability and sustainability of the cannabis industry at large, Rocco Petrilli serves as CEO, IMPACT Powered by NCRPS. IMPACT offers the cannabis industry an enterprise-wide business operational health assessment and improvement process. Outputs of the assessment provide the client with a series of categorized health results scored and measured against established best in class business practices. These outputs are analyzed and presented in a report that effectively provides a gap analysis and customized corrective action syllabus. The Health and Recommendations report further defines processes and practices which direct the client to prioritize based on their criticality to business operations, cost control/reduction and continuous improvement objectives. The upshot of full execution of this roadmap is a long-standing positive I-M-P-A-C-T on the company’s overall performance.

Mr. Petrilli is also Chairman of the NCRMA. IMPACT Powered by NCRPS recently combined

with the NCRMA and will serve as the lead brand while NCRMA managed association membership and the NCRM Academy’s educational and certification offerings. In addition, he championed the startup of insurance captive management company that offers the TRICHOME branded products.

A 35-year business executive and veteran of the automotive components manufacturing industry, Mr. Petrilli has extensive experience in all aspects of global and multinational business planning and development. He also specializes in formal continuous improvement and talent optimization, achieving multiple team victories in more than a dozen business startups by creating the proper organizational architecture and driving out operational inefficiencies.

Mr. Petrilli earned a BSc in Chemical Engineering from Pennsylvania State University.


Paul Dunford
Paul Dunford

Co-Founder, Emerging Markets Coalition

  • 0

Paul Dunford is Co-founder and VP of Knowledge at Green Check Verified. Paul is an active member of the cannabis banking regulatory community, contributing to trade publications and speaking virtually and in-person across the country on the subject.

Kirsten Trusko
Kirsten Trusko

Co-Founder & CEO, Emerging Markets Coalition

  • 0

Kirsten Trusko is the CEO and Co-Founder of Emerging Markets Coalition (EMC)– an organization focused on normalizing financial services for underserved markets, currently focused on cannabis related industries. She’s spent a career in FinTech and cutting-edge financial services. Relevant to her current EMC role, previously she’s led the successful drive to normalize marginalized and/or underserved markets and helped drive advocacy to change legislation and regulation in emerging markets.

Her prior roles include building and running financial services businesses: CEO of NBPCA (industry alliance), CEO of IRC Advisory (management consulting in FinTech, payments – especially market entry in underserved/high risk markets), KPMG Consulting, and operational and marketing roles with banks, manufacturing, and finance companies.

Kirsten’s pro-bono work is in anti-human trafficking – especially engaging the financial services industry to partner with law enforcement and government to find and follow the money trail.

Eveline Dang
Eveline Dang

Chief Executive Officer (CEO), Emerging Markets Coalition

  • 0

Eveline Dang is a visionary entrepreneur and accomplished business leader who has made significant contributions to the payments and cannabis industries. Under Eveline’s leadership, Paybotic has achieved extraordinary success in a highly-regulated and rapidly-evolving industry. The company has pioneered secure cannabis payment processing and currently serves 2,000+ retail dispensaries across the United States. Her innovative approach to marketing and sales has positioned Paybotic as a leader in the cannabis industry, with a focus on providing tailored solutions to meet the unique needs of this market. In 2022, Eveline was recognized for the Enterprising Women of the Year Award 2022 in the category of “Businesses with more than $25 million to $100 million in annual revenues”.


On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

rating rating rating rating rating
1,824 ratings

Excellent

Very Good

Average

Poor

Terrible

LM

Laura Mckinzie, CPA (US)

Very informative for someone just entering this market.

KC

Kathleen Connolly, CPA (US)

thanks!

Recommended Courses

Tax Treatment of Cannabis Retailers & Manufacturers in 2024-25

Dec 13, 03:30 PM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Introduction to Cannabis Accounting

Dec 20, 04:00 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Ethical Guidelines for Cannabis Industry Accounting

Dec 23, 09:30 AM ET

  • CPA (US)
  • IA LPA
  • ME LPA
  • DE LPA
Essential Tax Consideration for Cannabis Business

Dec 23, 11:30 AM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Optimized Inventory Accounting in the Cannabis Industry

Dec 24, 04:00 PM ET

  • CPA/ABV
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Cannabis Financial Reporting: The Green Revolution

Dec 26, 11:30 AM ET

  • CPA/ABV
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

Add qualification to
view credit details

This course is included with,

Individual Subscription

Gain access to everything required for compliance, skill enhancement, and staying ahead of industry trends—all included in the Individual subscription. Here’s what you get:

  • 13,000+ Hours of NASBA-Approved Content
  • 500+ Emerging Subject Areas
  • 50+ State- Specific Ethics Courses
  • 100+ Conferences with Access to Industry Events
  • 250+ FastTrack Compliance Packages

    Pre-selected courses for quick compliance

  • Exclusive Mobile App Access
  • Access to Professional Communities

    Connect with like-minded professionals on Teams.

Trusted by 250,000+ Professionals

trust pilot review google review
Unlimited Access

Ready to Get Started?

Sign up today and begin your learning journey immediately!

card
stripe
$299$199 For 12 Months
Subscribed
Diana purchased a subscription.
Subscribed
Stephan purchased a subscription.
Subscribed
Carl M purchased a subscription.
Subscribed
Hitender purchased a subscription.
Subscribed
Darlene purchased a subscription.
Subscribed
Isabella purchased a subscription.
Subscribed
Zachary purchased a subscription.
Subscribed
Vivian purchased a subscription.
Subscribed
Ana purchased a subscription.
Subscribed
Kameron purchased a subscription.
Subscribed
Alan purchased a subscription.
Subscribed
Kinjal purchased a subscription.
Subscribed
Robert purchased a subscription.
Subscribed
Stacy purchased a subscription.
Subscribed
Twinkle purchased a subscription.
Subscribed
Satin purchased a subscription.
Subscribed
Debra purchased a subscription.
Subscribed
Donya purchased a subscription.
Subscribed
Shawn purchased a subscription.
Subscribed
Nancy purchased a subscription.
Subscribed
Angelia purchased a subscription.
Subscribed
Cinthia purchased a subscription.
Subscribed
Lori purchased a subscription.
Subscribed
Jenh purchased a subscription.
Subscribed
Mike purchased a subscription.
Subscribed
Brian purchased a subscription.
Subscribed
Cathy purchased a subscription.
Subscribed
Chunting purchased a subscription.
Subscribed
cynthia purchased a subscription.
Subscribed
Florice purchased a subscription.
Subscribed
Ryan purchased a subscription.
Subscribed
APRIL purchased a subscription.
Subscribed
Thomas purchased a subscription.
Subscribed
Andrew purchased a subscription.
Subscribed
Sydne purchased a subscription.
Subscribed
Neressa purchased a subscription.
Subscribed
Bethany purchased a subscription.
Subscribed
Eric purchased a subscription.
Subscribed
Joel purchased a subscription.
Subscribed
Reginald purchased a subscription.
Subscribed
SEAN purchased a subscription.
Subscribed
Marcia purchased a subscription.
Subscribed
Yoon purchased a subscription.
Subscribed
Jamie purchased a subscription.
Subscribed
Pankti purchased a subscription.
Subscribed
Jeanne purchased a subscription.
Subscribed
Barajas-Aronoff purchased a subscription.
Subscribed
Casey purchased a subscription.
Subscribed
Catherine purchased a subscription.
Subscribed
Wade purchased a subscription.
Subscribed
Pamela purchased a subscription.
Subscribed
Francois purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Robert purchased a subscription.
Subscribed
Jess purchased a subscription.
Subscribed
Tomas purchased a subscription.
Subscribed
Julie purchased a subscription.
Subscribed
William O Jr purchased a subscription.
Subscribed
Lauren purchased a subscription.
Subscribed
RUSSELL purchased a subscription.
Subscribed
Sophia purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
Renee purchased a subscription.
Subscribed
Linda purchased a subscription.
Subscribed
angeloty purchased a subscription.
Subscribed
Rachel purchased a subscription.
Subscribed
Lontier purchased a subscription.
Subscribed
Matthew purchased a subscription.
Subscribed
Christi purchased a subscription.
Subscribed
Thomas purchased a subscription.
Subscribed
Emilce purchased a subscription.
Subscribed
Ivonie purchased a subscription.
Subscribed
Angela purchased a subscription.
Subscribed
Vicki purchased a subscription.
Subscribed
SALANA purchased a subscription.
Subscribed
Karlene purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
Meena purchased a subscription.
Subscribed
Robert purchased a subscription.
Subscribed
Herbert purchased a subscription.
Subscribed
diana purchased a subscription.
Subscribed
ASHOK purchased a subscription.
Subscribed
Krystal purchased a subscription.
Subscribed
Benjamin purchased a subscription.
Subscribed
Cindy purchased a subscription.
Subscribed
MARGARET SHEILA purchased a subscription.
Subscribed
Heidi purchased a subscription.
Subscribed
Elizabeth purchased a subscription.
Subscribed
William purchased a subscription.
Subscribed
Fuad purchased a subscription.
Subscribed
Kristie purchased a subscription.
Subscribed
Melissa purchased a subscription.
Subscribed
Daniel purchased a subscription.
Subscribed
Kate Sims purchased a subscription.
Subscribed
MARY ANNE purchased a subscription.
Subscribed
ASAD purchased a subscription.
Subscribed
Jacqueline purchased a subscription.
Subscribed
Sandra purchased a subscription.
Subscribed
Morgan purchased a subscription.
Subscribed
Eric purchased a subscription.