CohnReznick Signs on With New Frontier Data for Risk Management

October 16, 2017

What We Have Learned: CohnReznick has partnered with New Frontier Data to provide increased transparency, improved efficiency, and more accurate risk management in taxation, compliance and accounting within the cannabis space.

Oct. 16, 2017: CohnReznick, one of the largest accounting, tax and advisory firms in the United States, has teamed with New Frontier Data, the leading provider of data, analytics and business intelligence for the cannabis industry. CohnReznick will work with New Frontier Data to provide increased transparency, improved efficiency, and more accurate risk management in taxation, compliance and accounting within the cannabis space.

“The partnership between New Frontier Data and CohnReznick could not have occurred at a more pivotal time for the industry as a whole. Together, we will explore the overall impact that U.S. tax code has on the cannabis industry, owner operators, as well as investors and other stakeholders,” said Giadha Aguirre De Carcer, CEO and Founder of New Frontier Data. “The industry is growing very fast, with still little visibility into, or understanding about, critical matters relevant to both compliance and profitability. CohnReznick’s breadth and depth of expertise in complex taxation and regulatory matters will fulfill a critical need in this rapidly growing market.”

“CohnReznick is very excited to launch this teaming arrangement with New Frontier Data. We are looking forward to applying our expertise in this burgeoning market while working hand in hand with New Frontier Data to fill clients’ needs for business intelligence that helps maximize their mission and growth goals. At CohnReznick we provide forward-thinking solutions, service that exceeds expectations, and create opportunity, value, and trust for our clients, our people, and our communities,” Michael Harlow, Partner of CohnReznick.

CohnReznick serves clients with advisory, accounting, and tax services to support their business objectives through all stages of the life cycle. Vast experience across several relevant industries, disciplines and specific services make them a perfect fit for navigating the challenges of a sector with rapid growth and so much competition and varied opportunity.

New Frontier Data and CohnReznick have agreed to jointly produce:

• A published report that examines the tax pitfalls facing cannabis businesses
• Bi-Weekly tax insights published in New Frontier Data’s weekly CannaBit free newsletter
• Two cannabis tax specific webinars to help inform and educate on pertinent tax matters ahead of tax season.

About New Frontier Data:

New Frontier Data is an independent, technology-driven analytics company specializing in the cannabis industry. We offer vetted data, business intelligence and risk management solutions for investors, operators and policymakers. New Frontier’s data and reports have been cited in over 65 countries around the world to inform industry leaders. Founded in 2014, New Frontier Data is headquartered in Washington, D.C. and an additional office in Denver, CO. For more information or media inquiries, please visit www.newfrontierdata.com or contact our PR team: NFD@PReturn.com.

About CohnReznick:

CohnReznick LLP is one of the top accounting, tax, and advisory firms in the United States, combining the deep resources of a national firm with the hands-on, agile approach that today’s dynamic business environment demands. With diverse industry expertise, the Firm provides companies with the insight and experience to help them break through and seize growth opportunities. The Firm, with origins dating back to 1919, is headquartered in New York, NY with 2,700 employees in offices nationwide. CohnReznick is a member of Nexia International, a global network of independent accountancy, tax, and business advisors. For more information or media inquiries, please visit www.cohnreznick.com or contact Julie Rogers Murawski at 973-364-6693 or Julie.Murawski@CohnReznick.com.