Cannabis Entrepreneurs Struggle in Vague Regulatory Environment

The legalization of adult use recreational cannabis in New York State has opened up a new market for entrepreneurs, but there are a number of challenges that are barriers to entry.

Partner and Cannabis Advisory Services Practice Co-Leader Mitzi Keating is featured in The Trusted Professional, the newspaper by the New York State Society of Certified Public Accountants. She discusses the difficulties in getting funding for a start-up business, as bank loans require collateral and cannabis assets are federally illegal.

Members of the New York State Society of CPAs can access the full article below.

Mitzi Keating
Partner
mkeating@citrincooperman.com