AAFCPAs Expands Cannabis Practice

Kevin Michaelan

Westborough, Mass.-based AAFCPAs (FY18 net revenue of $33.5 million) has expanded its cannabis practice with the addition of Kevin Michaelan, who will lead the growing niche from the firm’s Boston office.

The firm advises businesses and investors throughout the business lifecycle, including start-ups, entities expanding into multi-state operations, and those planning to exit the business. Michaelan is known for his deep knowledge of trends impacting the industry, such as aggressive growth, rapidly changing regulations, cross-border restrictions, and mergers and acquisitions.

“He is deeply immersed in the cannabis space and well-known for his prolific tax and business strategies,” says co-MP Dave McManus.

“Cannabis companies are challenged by capital and taxes,” Michaelan says. “We have proven strategies to address both and I’m eager to turn these strategies into competitive advantages for AAFCPAs’ clients.”