A Cannabis Accounting Firm
with Unshakeable Values

Pave a healthy financial path forward with experts who seamlessly
blend professional standards with a personal approach

How Our Cannabis Accounting Firm Works

A holistic mindset: Your financial health involves much more than tax filings and quarterly reports. That’s why, with Morem & Waller, CPAs, you access a full suite of complementary experts that ensure your company thrives: virtual CFO, tax, compliance, controller, and bookkeeping services.

Close collaboration: We work closely with your company to create systems that fit your business. Our staff is here to support your goals for growth, profitability, and longevity, and that means developing processes that fit your infrastructure, without requiring you to use software or systems that don’t fit your workflow.

A view on the future: Building sound financial principles now sets you up for many years of responsible growth. The resilient processes we create are designed to last for the long term, support your company at each growth stage, and withstand any challenges that may come.

  • Tax Preparation & Planning
  • Fractional CFO services
  • Controller services
  • Bookkeeping services
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The Morem & Waller Team

Elizabeth (Betsy) Morem, CPA

Co-founder & Managing Partner

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Elizabeth (Betsy) Morem, CPA

Co-founder & Managing Partner

Betsy Morem, CPA, enjoys helping small businesses and start-ups build, maintain, and improve their accounting systems. She lends her expertise to CEOs, founders, and canna-business stakeholders, helping companies set unshakeable foundational principles that support sound financial health for years to come.

A specialist in working with small businesses, Betsy joined the cannabis industry as a co-founder of Morem & Waller with Mark R. Waller, CPA, in 2020. She brings her well-rounded expertise working with small companies and in boutique accounting firms to cannabis companies. Her approach is rooted in examining the fundamentals of a business, touching all aspects of a cannabis company’s financial health from bookkeeping and payroll to strategic planning.

Betsy is a regular guest on specialty programs and podcasts throughout the cannabis industry, including the Cannabis Accounting Podcast, Kaya Cast, and Chillinois. She’s also a sought-after speaker, delivering remarks at cannabis-focused programs, seminars, and trade shows throughout the U.S. When not working with cannabis clients, she serves as treasurer of The Read Seed, a not-for-profit that supports kindergarten and elementary school readiness in Mower County, MN.

Betsy lives in Austin, MN with her husband, Zach, and two children, Joanna and Ellis.

  • Education: Bachelor’s, Accounting, Metropolitan State University
Connect with Betsy on LinkedIn

Mark R. Waller, CPA

Co-founder & Managing Partner

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Mark R. Waller, CPA

Co-founder & Managing Partner

Mark R. Waller, CPA, brings 15+ years of experience as a public accountant and a controller in the private sector to cannabis companies in Minnesota and beyond. He leverages this experience to provide sound and trusted CFO and advisory services to CEOs, founders, and other cannabis company leaders and stakeholders. Through his efforts and expertise, cannabis businesses across the U.S. have achieved great success, building strong companies poised for growth on a rock-solid foundation of compliance and world-class financials.

Mark is a Certified Public Accountant licensed in the state of Minnesota, as well as a member of DOPE CFO and a member of the Minnesota Society of CPAs. He is a frequent speaker on cannabis accounting and business at conferences, seminars, and workshops across the U.S., including in New Mexico, Massachusetts, and Minnesota. He’s a sought-after podcast guest, appearing on notable programs like The Cannabis Accountant Podcast and Cannabis Cultivation and Science. Mark has also developed and taught on CPE and CLE courses with Surgent and with National Business Institute.

Outside of Morem & Waller, CPAs, Mark is the co-founder of The Support Suite, an accounting, human resources, and compliance consulting group designed to help new cannabis companies establish sound foundational business practices. Mark is also Treasurer of the Cannabis Travel Association International and is a co-founder of CannaConnect MN.

Mark lives in Minneapolis with his wife, Brigitte, and two children, Malcolm and Colette.

  • Education: Bachelor’s, Accounting, Management Information Systems, University of Minnesota-Twin Cities
Connect with Mark on LinkedIn

Alvonn Forsyth, MBA

Accounting Manager

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Alvonn Forsyth, MBA

Accounting Manager

Alvonn Forsyth, MBA is a dedicated accounting professional with over a decade of experience in the field. As a cannabis specialist, he is specifically trained in the complexities surrounding cannabis accounting, ensuring clients are IRS and audit ready. He enjoys helping businesses stay compliant, setting up both plant-touching and ancillary companies for long-term success. He has a passion for building systems and integrating technology with accounting so clients achieve best results.

Alvonn has served businesses in the cannabis industry since 2018. He is a founding member of the National Association of Cannabis Accounting and Tax Professionals and a member of Dope CFO. Before joining Morem & Waller, he worked as an accountant in the private sector for several years.

Outside of the office, Alvonn loves to travel and spend time with his family.

  • Education: MBA, Accounting, Midwestern State University; Bachelor’s, Accounting; Midwestern State University
Connect with Alvonn on LinkedIn

Brooke Galler, CPA

Senior Accountant

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Brooke Galler, CPA

Senior Accountant

Brooke Galler, CPA, combines her knowledge of GAAP accounting and prior experience as an auditor to help businesses maintain complete and accurate financials. By combining financial acumen with a passion for the emerging field, she is proud to contribute to the growth and legitimacy of the cannabis industry.

Brooke partners with entrepreneurs, business owners, and interested parties in the cannabis industry to help them stay compliant and achieve world-class financial records and financial reporting. She actively collaborates with business leaders and industry professionals to ensure financial practices align with both industry regulations and strategic goals. From startups to established enterprises, she has assisted clients in maintaining meticulous records, preparing for audits, and making informed financial decisions that promote long-term success.

Brooke lives in Owatonna, MN, with her husband and enjoys spending time on their family farm.

  • Education: Bachelor of Accounting, Minnesota State University, Mankato
Connect with Brooke on LinkedIn

Laura Hand

Chief Marketing Officer

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Laura Hand

Chief Marketing Officer

Laura is an award-winning marketing executive rooted in technology and customer experience design. Laura brings her experience in healthcare and financial services marketing to Morem & Waller, CPAs, where she provides education and actionable strategies that serve and delight customers. She has won 14 American Advertising Awards (ADDYs) for her work and was honored with the coveted American Advertising Federation (AAF) Silver Medal Award. She is also a 20 Under 40 award recipient and a finalist for the Technology Association of Iowa - Women of Innovation and Leadership award.

Laura began her career at a marketing firm that specializes in digital strategy for financial institutions and healthcare companies. There, she worked her way up from Web Designer to Creative Director. In 2016, Laura was promoted to VP of Marketing for the firm’s parent company, a healthcare membership organization. Along with her marketing team, she oversaw brand and marketing strategy for 25 internal companies that served 17,000+ healthcare providers across North America.

Laura left the corporate world in 2019 to realign her focus as a fractional marketing executive to the cannabis industry. She pivoted industries to honor her family — she lost her brother to a drug-related heart attack and her father to brain cancer, losses that have forever shaped her life. She is dedicated to serving those who embrace this healing plant to help people.

Outside of her leadership roles inside and outside the work environment, Laura volunteers countless hours for community groups. She was most influential in her role with the AAF, where she volunteered for 14 years. She currently volunteers her time in the local startup community. She is the Marketing Chair and Board Member for the Cannabis Travel Association International (CTAI) and is a strategic advisor to multiple cannabis-related companies.

  • Education: Bachelor’s, Graphic Communications & Graphic Design, University of Northern Iowa
Connect with Laura on LinkedIn

Katie Hayden

Operations Manager

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Katie Hayden

Operations Manager

Katie Hayden brings 7 years of project management and administrative experience with growing teams to Morem & Waller. She enjoys working with groups as they scale up to implement systems and processes that allow for seamless organizational growth. She lives in Madison, WI, where she enjoys spending time in nature with her husband and two children.

  • Education: Master’s, University of Wisconsin; Bachelor’s, University of Minnesota-Twin Cities
Connect with Katie on LinkedIn

National Acclaim, Minnesota Roots

Whether you’re in California or Connecticut, Morem & Waller, CPAs is ready to help. Our home base is in Minnesota, but our licensed CPAs and financial professionals work with cannabis companies across the United States.

Morem & Waller, CPA’s experts are closely tied with cannabis communities in Massachusetts, Oklahoma, Vermont, Montana, and Minnesota. Our tax professionals have hands-on experience with cannabis businesses in New Jersey, New York, Missouri, and more.

How can our cannabis accounting firm help you?

All businesses, no matter their age or size, need — and deserve — quality financial services provided by experienced and caring licensed professionals. That’s why we tailor our services to meet your business where you are and work with you to build an unshakeable foundation for growth.

Cannabis Accounting Resources

Get the latest in cannabis accounting news and updates. Learn more about the issues from top leading cannabis accounting specialists.

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Let’s get to work on your business’s sound financial health and continued growth.

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