Farm Bill, U.S. Agricultural Policy and how Geopolitics will affect Agriculture in the Future

Aug 16, 2023 10:15am ‐ Aug 16, 2023 11:30am

Identification: AG2314

The Farm Bill occurs every five years, and sets U.S. agricultural policy for the next five years. The policy decisions in the Farm Bill affect all aspects of agriculture - from producers, to lenders, to agricultural processors. In addition to the Farm Bill, there are always issues in the agricultural space that matter to those in financial services. This session will give you updates on happenings in the agricultural policy world and how potential policy changes will affect our industry. Lastly, this session will touch on the conflict between Ukraine and Russia and how it continues to affect American agriculture.
Learning Objectives:
  • Determine important aspects of agricultural policy and the Farm Bill.
  • Analyze the role of financial services in agriculture and agricultural policy.
  • Determine merging issues in agriculture both domestically and globally.
  • Identify the tools available to lenders to assist farmers and ranchers through USDA.
Category: General Session Onsite and Online

Taxes: Part 2

Aug 16, 2023 10:15am ‐ Aug 16, 2023 11:30am

Identification: CAN2316

Lawyers to join and discuss important Tax Court opinions and the arguments the IRS is making in current matters. The discussion will consider the IRS approach to various Cannabis industry tax positions including Section 471(c), how it differs from Section 471(a) and how it might be defended. Discussion will also center on the process of defending a tax position (settle, appeal, trial) and the IRS’s current position on some key issues including Bonus Depreciation, Section 263A, tax collections, and penalties.
Learning Objectives:
  • Determine how attorneys defend COGS on a tax return.
  • Analyze how attorneys look at practitioners work, how do they make a compelling argument, and how can accountants support that as collaborative process and professionals.
Category: General Session Onsite and Online

Fireside Chat

Aug 16, 2023 11:40am ‐ Aug 16, 2023 12:30pm

Identification: AG2315

In this Fireside Chat panelists will recap content covered earlier throughout the conference. They will also help to answer questions from participants that may not have been previously addressed.
Learning Objectives:
  • Analyze and review content covered in earlier sessions.
  • Identify answers to audience questions related to the agriculture industry, and explore questions that may not have been previously answered throughout the conference.
Category: General Session Onsite and Online

The Bigger Picture: Cannabis Market Trends & Economic Forecast

Aug 16, 2023 11:40am ‐ Aug 16, 2023 12:30pm

Identification: CAN2317

Earlier this year, reports of the struggling cannabis market made headlines as supply increased while prices and profits fell. Now, as we inch closer to mid-year, how is the market trending? Join this session for a lively discussion on cannabis market trends and opportunities. During the presentation, panelists will share data and insights to help answer questions on the mind of every cannabis entrepreneur:     * Is now the time to enter the cannabis market or sell existing holdings?     * What does cannabis cultivation licensing and harvest data tell us about expected supply in the summer and fall of 2023?     * How might new retail storefronts increase opportunities across different areas of the country?     * Is flower on the decline while manufactured products take market share?     * Will wholesale and retail prices continue to decline or might we see a rebound?
Learning Objectives:
  • Analyze the economics that drive the cannabis industry and the unique characteristics associated with the industry
  • Determine the maturity in various markets and the challenges that operators face
Category: General Session Onsite and Online