David McManus

Dave leads AAFCPAs’ Commercial Tax Practice and the firm’s Cannabis Business Practice, providing highly coveted tax, entity structure, and business advisory solutions. He has over three decades of proven experience advising manufacturers & distributors, real estate developers, high tech, bio tech, renewable energy, and cannabis businesses.

As the leader of AAFCPAs’ Cannabis Practice, Dave has been deeply immersed in understanding the complex financial and operational nuances of the cannabis industry since 2012. He advises multi-state operators, recreational and medical retailers, cultivators, product manufacturers, and investors. He proactively advises clients on risks, opportunities, and tax implications related to market entry, accounting methods, capital structure, debt financing, R&D, M&A, and goodwill impairment. He has led industry training sessions on interpreting and implementing new federal and state marijuana statutes, including compliance with 280E. Dave maintains a strong network of cannabis industry investors, attorneys, bankers, employee compensation and benefits providers, realtors, risk managers, and insurance agents, and he leverages these resources as appropriate to help clients achieve success.