HBK CPAs & Consultants’ Stacey D. Udell, CPA/ABV/CFF, CVA, has been named among the 2023 Top 10 of the New Jersey Business Accounting Power 50, an annual list compiled by the editorial staff of NJBIZ study recognizing “the most influential men and women in the profession” who New Jersey business owners count on for guidance.
Stacey is a Principal in HBK Valuation, Litigation, and Forensics in Cherry Hill and the Mid-Atlantic Regional Director of HBK Cannabis Solutions, a team of specialists focused on the business challenges confronting businesses in the cannabis industry. Her experience in business valuation, forensic accounting, economic damages, and litigation support services spans more than 25 years. She has been involved in the various accounting-related aspects of the cannabis industry since 2014 providing a wide range of services in the industry in multiple states, specializing in financial modeling and business valuation. Stacey has helped cannabis industry clients before obtaining their license, new operators and experienced operators, buyers and sellers of cannabis businesses, and those involved in litigation.
Stacey has spoken nationally, regionally, and locally for a variety of professional groups and organizations on various business valuation, litigation-related, and cannabis industry topics. She is the author of multiple published articles on topics related to valuation, economic damages, family law, and the cannabis industry. She co-authored the first known book on valuation in the cannabis industry, The Cannabis Industry Accounting and Appraisal Guide, currently in its second edition.
HBK Cannabis Solutions is a dedicated team of cannabis industry subject matter experts within HBK CPAs & Consultants, an Accounting Today Top 50 CPA firm. We were among the first accounting firms to specialize in the cannabis industry and have worked beside entrepreneurs in all industry segments—cultivators, processors, retailers—from single facility to multi-location and integrated operations. We counsel owners, management and investors in multiple states and countries, helping them with key financial activities: from planning start-ups to connecting operators with investment bankers to facilitating M&A; from pre-offering projections, state applications, and licensing to management planning and operations. Our cannabis-specific expertise is recognized throughout the industry; we regularly address industry meetings and conferences, and are active in the organizations and associations dedicated to moving the industry forward.
