Name: Ryan Brandt
Company: Withum
[/et_pb_text][et_pb_image src=”https://njcannabusine1.wpenginepowered.com/wp-content/uploads/2022/09/RGB-Withum-scaled.jpg” alt=”Withum logo for NJCBA website” title_text=”Withum logo for NJCBA website” align=”center” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][/et_pb_image][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”85244b60-2bf6-4b46-9e90-45902dc55a94″ global_colors_info=”{}”]Share your elevator pitch. In one sentence, what do you do in the cannabis industry?
I am the Tax Team Leader of Withum’s Cannabis Services team, well-versed in strategic tax planning and compliance issues.
[/et_pb_text][et_pb_text _builder_version=”4.18.0″ _module_preset=”85244b60-2bf6-4b46-9e90-45902dc55a94″ header_4_text_align=”right” text_orientation=”right” global_colors_info=”{}”]How did you get involved in the cannabis industry?
I became deeply involved in the cannabis industry when talks of recreational use in New Jersey gained momentum. I was already involved with the medical cannabis market, working with some of the original six alternate treatment centers (ATCs), and I knew the market was about to explode once New Jersey opened their doors to adult use.
[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”85244b60-2bf6-4b46-9e90-45902dc55a94″ global_colors_info=”{}”]Share a bit about your professional background. What, specifically, makes you well-equipped to serve clients in the cannabis industry?
Our team’s rich expertise in the cannabis industry spans over 10 years of providing Advisory, Tax and Audit services to both plan and non-plant touching segments of cannabis business enterprises. We are trusted business advisors with team members nationwide who are trained to specifically service the cannabis industry. We pride ourselves on helping our clients achieve their goals and navigate a highly regulated industry.
[/et_pb_text][et_pb_text _builder_version=”4.18.0″ _module_preset=”85244b60-2bf6-4b46-9e90-45902dc55a94″ header_4_text_align=”right” text_orientation=”right” global_colors_info=”{}”]What do you feel is most promising about New Jersey’s cannabis industry?
The fact that New Jersey is entering the cannabis market late in the game, we are fortunate enough to be able to learn from the mistakes and successes of various other states that have legalized. We are not going into this market wearing a blindfold. I believe our regulatory commission has strategically been working on placing this industry in a position of strength and success. I believe this industry is going to thrive right out of the gate.
[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”85244b60-2bf6-4b46-9e90-45902dc55a94″ global_colors_info=”{}”]Provide one piece of advice you’d give to someone who’s considering working in cannabis.
The cannabis industry has a rapidly changing and complex tax landscape. It is very important to consider the tax implications on your business profits, so you can properly forecast cash flow and plan your budget accordingly.
[/et_pb_text][et_pb_text _builder_version=”4.18.0″ _module_preset=”85244b60-2bf6-4b46-9e90-45902dc55a94″ header_4_text_align=”right” text_orientation=”right” global_colors_info=”{}”]Care to share a favorite NJCBA membership moment?
Presenting with President Ed DeVeaux. We discussed the 280e Tax Code and general cannabis accounting guidelines. It was a great way to engage with and inform the local community.
[/et_pb_text][et_pb_text _builder_version=”4.18.0″ _module_preset=”85244b60-2bf6-4b46-9e90-45902dc55a94″ header_4_text_align=”right” text_orientation=”right” global_colors_info=”{}”]Tell us about your favorite Jersey spot. What would you do in the Garden State on your day off?
I would have to say my favorite spot is Mountain Creek in the winter. I love snowboarding and this place has the best slopes in Jersey!
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