Cannabis Business

You’re looking for real estate for a cannabis business. But with so much competition, it can be a real challenge to find the perfect property. You likely have several questions. …

Can a cannabis business file for bankruptcy? Unfortunately, even after paying millions of dollars in tax revenue to the states and having impeccable bookkeeping practices , these legitimate businesses still don’t have …

Every investment comes with some risk. But in the cannabis sector, the heightened risk of the operations means it’s even more crucial to understand how to safeguard your cannabis business …

The days of forming a partnership on a handshake are long gone for most; the sad fact of the matter is that–without a formal cannabis partnership agreement in place to …

Cannabis nursery businesses can be excellent investments for nearly anyone operating in the cannabis sector. While starting or purchasing a nursery sounds like a smart move, it’s ideal to know …

Vertically-integrated cannabis businesses successfully operate in the cannabis sector. But what’s so special about vertical integration in cannabis? Vertical integration in the cannabis space ensures your operation runs like a …

Sometimes, business owners don’t consider their break-even point. But knowing when you’ll become profitable means understanding how to calculate your break-even point. This is also how you’ll bypass the inflated …

While filing for bankruptcy as a cannabusiness operator isn’t an option, receivership could work. This involves having an appointed trustee restructure your company and is especially helpful for business owners …

Cash management is crucial for any small business. But when it comes to operating in the cannabis sector, inappropriately managing cash can become a severe issue. This industry is characterized …

Maintaining a financially healthy cannabis business is crucial to success. Without keeping a finger on the pulse of key financial health indicators, your operation becomes susceptible to a plethora of …

Whether you’ve recently started your cannabis delivery service or have been in business a while now, you should have a team of professionals and advisors to steer you in the …

Cannabis businesses have raised hundreds of millions of dollars in 2020, and these investments are expected to continue as the industry grows. Much of this sector demonstrates its resilience to …

Financial forecasting methods in cannabis are essential for success. The industry environment is continuously changing, and the right predictions can make it easier to navigate. Every business should utilize a …

A cannabis Chief Financial Officer (CFO) is one of the most crucial hires for any expanding cannabis company. As your business grows, so does its financial needs. But there’s more …

You already know the importance of cannabis accounting. But you’re wondering, “How can I find the right accountant for me?” The cannabis industry is expanding. With this exponential growth, we …

Business operators often can’t help but wonder, “Should we hire a CFO or Controller, or should we try to do it ourselves?” However, there’s another option that’s often overlooked; outsourced cannabis CFO services . …

Outsourcing a fractional Chief Financial Officer ( CFO ) is becoming more common in cannabis. As the economic downturn impacts operations around the country, finances become the top concern of cannabusiness …

What are Standard Operating Procedures for Cannabis? As with almost every business, standard operating procedures for cannabis business operators ensures consistency. In an industry characterized by strict regulations and corresponding …

80% of startups fail within 18 months. This percentage is even higher for cannabis, especially when considering how cannabis business problems spark failure. Legalization is still maturing. This, in addition to …

Whether you’re stocking hundreds or thousands of cannabis products, cannabis inventory management is essential for success in the cannabis sector. Operating in this industry means you need to know where …

No one thought it was possible when cannabis was first legalized, but there is a growing problem in the cannabis industry: expired inventory. Cannabis is, ultimately, a green and leafy …