the fire starter: groundbreaking cannabis cpa luigi zamarra

portrait of luigi zamarra
zamarra

“if they follow gaap in their accounting systems, income taxes will bankrupt them.”

by liz gold
cannabizcpa.pro

you might have seen luigi zamarra, cpa back in the first episode of weed wars, a 2011 discovery channel series about the day-to-day operations of oakland, california’s harborside health center. zamarra played himself, the chief financial officer of the world’s largest medical cannabis dispensary.

more on cannabiz:commercial medical marijuana use comes to michigan | ben condon on launching a cannabis cpa firm: ‘the opportunity presented itself’ | cpa simone cimiluca-radzins launches ‘linkedin of cannabis’ | jim marty: building a national cpa firm for the cannabis industry | jordan cornelius: guiding cannabiz clients through minefields | wayne harding: from tech boom to cannabis boom

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it was during his tenure at harborside that zamarra noticed the cannabis industry was humming along without realizing the implications of irs code 280e. to bring the issue to light, he wrote an article in kush magazine warning those in the industry how he anticipated the code section being an issue.