Peggy Koller

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Financial Health for Cannabis Physicians: Avoiding Accounting Pitfalls

Peggy Koller, CEO and Founder, GreenLeaf Accounting

This presentation explores the financial intricacies faced by physicians leading medical cannabis practices. It emphasizes the challenges of managing a medical cannabis practice, delving into key financial considerations such as the distinction between profits and cash flow, the choice of accounting basis, and the establishment of internal controls. The role of experienced medical cannabis accounting firms is highlighted as crucial for compliance, strategic financial collaboration, and overall success in this evolving industry. The collaboration between physicians and accounting firms is portrayed as transformative, shaping the trajectory of practices in a dynamic and competitive medical cannabis landscape.

Peggy Koller, a distinguished professional with extensive expertise, is a fractional CFO, forensic accountant, and fraud examiner. As the founder of GreenLeaf Accounting, LLC, based in Florida, she specializes in providing tailored accounting and CFO solutions for businesses in the cannabis space. Peggy also offers personalized fraud prevention consultation, forensic accounting, and litigation support.  Starting her academic journey at the University of Central Florida, Peggy holds a bachelor’s degree in Accounting, as well as a Master's degree in Forensic Accounting and Fraud Examination earned from West Virginia University.  With over 35 years of experience in public, private, and governmental accounting, Peggy holds memberships in prestigious organizations, including AICPA, FICPA, ACFE, NACVA, and IAI. She actively contributes to her community as a Florida Supreme Court Certified Mediator, volunteering with the Alternative Dispute Resolution Program in Florida’s Fifth Judicial Circuit.