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Business Roundtable


Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business.

BRT 2.0 looks at the new trends in business, and how classic industries are evolving. We Profile the current Players weekly in an Interview format to give you an inside look, to learn from their own experiences.

Popular Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech (AI, VR, Biotech, Chips, Electric Battery), Blockchain / Crypto, Real Estate, Legal, Vehicles, Franchising, Farming, Sales, Charity 

 

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Aug 25, 2020

BRT S01 EP29 8-23-2020 - 

Topic: Cannabis Business from Legal to Accounting

 

Guest: Adam Trenk w/ Rose Law Group https://www.roselawgroup.com/trenk-adam-m/

https://www.linkedin.com/in/adam-trenk-264b817/

 

Partner and Director of Cannabis, Hemp and Equine Law Departments, Adam talks about the legality of Cannabis and Hemp, regulations, State Laws. He also operates in the Hemp industry.

 

Bio:

Adam M. Trenk practices law in the areas of cannabis and hemp regulation, public policy, zoning, aviation, equine, and business. He also works as a strategist consulting across multiple industries on matters of government relations and corporate development.

Adam is a Rose Law Group partner and director of the firm’s Cannabis, Hemp, and Equine Law Departments. Drawing on his experience helping maximize the productivity of agricultural operations, Adam has positioned Rose Law Group’s Hemp Law Department as the premier hemp practice in Arizona. Under Adam’s direction, the Hemp Law Department has worked closely with the Department of Agriculture to formulate the rules that govern the state’s new and growing hemp industry.

Adam has been instrumental in Rose Law Group’s Cannabis Law Department since its inception when he began in the area working on the original implementation of Arizona’s medical marijuana program. Adam draws on his considerable experience in business transactions and navigating the cannabis industry’s legal landscape to support Rose Law Group’s clients in all facets of their cannabis businesses.

As founder and chair of Rose Law Group’s Equine Law Division, Adam draws on equestrian knowledge accumulated from a lifetime of involvement in various disciplines across the country, and can handily facilitate a range of transactions including breeding, boarding, buying, selling, or leasing or horses. He is also able to help resolve conflicts and litigate matters arising out of the pursuits of horsemen and women.

He attended Arizona State University, where he obtained a Bachelor of Science in Small Business Management and Entrepreneurship from the W.P. Carey School of Business (2005). After graduating he launched a career in real estate, working for a real estate investment firm and then branched out on his own as a real estate property asset consultant while investing in and managing his own investment properties and pursuing his education.

Adam went on to earn a Masters of Real Estate Development (2007) and then his Juris Doctorate (2010) from Arizona State University. In law school, Adam built his curriculum around alternative dispute resolution and real property law. Beyond his work in Arizona, he has been sworn in to practice law in Kentucky and is currently applying for admittance to the Colorado Bar Association.

Adam has been active in his community, serving as a board member for the Cave Creek Merchant’s Chamber of Commerce and sitting on the Citizen’s Advisory Committee to the Town Council prior to making a run for a Council seat himself. Adam was first elected to hold a seat on the Cave Creek Council while he was in law school in 2009, and served as Vice Mayor from 2013 to 2015.

 

Notes:

Cannabis business legal issues

Land use and zoning for dispensaries, hemp farms (outdoor), cannabis growing (indoor) in industrial areas – setup and licensing, permits

Schedule 1 controlled substance on federal level, illegal

CBD and Hemp legal in all 50 states, passed few years ago

Legal issues with banking – what banks will work with Cannabis

Freeze $ with bank, or merchant co. – how handle

No fed bank will work w Cannabis industry, state bank work with Cannabis

Contract legal issues w/ Fed

Legal disputes – what court (state) handles

Business loans for Cannabis – get private $ and loans, NO bank loans

Business is regulated, product has bar codes and RFID chips, monitor who can handle and where it travels

Need medical marijuana card to work in industry and handle product

 

 

Guest: Melissa Diaz w/ Rebel Rock

- customized accounting solutions, HR, and M&A for the Cannabis industry in AZ

https://rebelrock.co/melissa-diaz/

https://www.linkedin.com/in/melissa-k-diaz-cpa-10215623

 

Melissa’s accounting experience as a CPA spans numerous industries, both domestically & internationally, including healthcare, hospitality and, of course, Cannabis. In addition to co-founding and serving as CFO to Rebel Rock, Melissa is CFO and Shareholder for High Rock Accounting, which places an emphasis on utilizing technology to strategically make day-to-day and long-term financial decisions, while pursuing company goals and compliancy. At High Rock and Rebel Rock, Melissa helps companies remain competitive and efficient in increasingly high-pressure and high-stakes environments. Starting in 2016 she started branching out into the Cannabis industry.

 

Melissa discusses banking, accounting, regulations, and VC in Cannabis. She does customized accounting solutions, HR, and M&A for the Cannabis industry in AZ.

 

Notes:

Legal issues with banking – what banks will work with Cannabis

Fintech banking for Cannabis – Paypal, merchant services, etc.

Tax Returns for Cannabis co’s, any issues with Fed reporting

Business loans for Cannabis

Laws & Regulations – burdensome

Market unpredictable with rules changing

Corporations in industry - Constellation Brands (Corona Beer)

$5 billion into company growth

Chains like MedMen in CA take over

7 women to watch in Cannabis - Green Entrep. Article & keep records

2020 Liability Insurance (D&O)

Legal compliance, regulations oversight / Accounting & books

IRS Code 280E – federally illegal

 

 

BRT Shows w/ Melissa Diaz:

https://brt-show.libsyn.com/size/5/?search=melissa+diaz

 

 

Cannabis Topic: https://brt-show.libsyn.com/category/Cannabis-Hemp-Marijuana

Best of Cannabis on BRT:

https://brt-show.libsyn.com/size/5/?search=best+of+cannabis

 

‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT

 

 

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Business Roundtable with Matt Battaglia

The show where EntrepreneursHigh Level Executives, Business Owners, and Investors come to share insight and ideas about the future of businessBRT 2.0 looks at the new trends in business, and how classic industries are evolving

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.