NY: Lawyers & Accountants Quiz Cannabis Control Board Chair Tremaine Wright On State Licensing Process

Cannabis Control Board Chair Tremaine Wright answered questions on Thursday about the state’s licensing process for conditional adult-use retail dispensaries at a private meeting of the NYS Society of CPAs in New York City.

Roughly 30 accountants, attorneys and other professionals attended the group’s cannabis committee meeting at the headquarters of Citrin Cooperman, a tax and business advisory firm, in Rockefeller Center.

The purpose was to discuss New York’s administration and review of CAURD applications from a CPA standpoint, with the society offering their professional services to state cannabis regulators moving forward.

Prior to Wright taking center stage via teleconference, Mitzi Keating, a partner and founder of Citrin Cooperman’s Cannabis Advisory Services, spoke to the crowd for more than an hour about the need for attorneys and CPAs to work together state-by-state with regard to marijuana education and regulations, and to find a way to professionalize and de-stigmatize the industry as a whole.

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