Cannabis Business

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 and bookkeeping is essential for success in the cannabis sector. Operating in this industry means you need to know …

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 …

For every business, there is a liability. It should come as no surprise that the number of liability claims against the cannabis industry are on the rise. After all, the …

Every small business has needed capital at different stages of development. Whether you are starting a brand new cannabis business or growing your already existing cannabis business, you’ll need to …

‘Tis the season! Tax season, that is.   And one thing that no one can argue with is that Cannabis tax laws are among the most complicated and intricate to comply …

Do you own a cannabis business?  Then it’s no news to you that cash flow is one of the main, if not the main, issues for a cannabis business. That’s …

Opening and running a cannabis business in one of the legal states involves a unique set of obstacles and challenges. As any cannabis business owner knows, the ever-changing tapestry of …

Every entrepreneur’s dream is to grow a successful business. For most, that means steadily increased sales and profits, with a healthy balance of income and expenses. As an LA-based distributor, …

There’s a lot of material out there exploring why nine out of ten business and startups fail , and plenty case studies done on the businesses that made it. One theory is that entrepreneurs of successful businesses “failed …

Due to the current legal circumstances surrounding cannabis, it won’t be especially surprising if you have trouble finding insurance for your company. Here’s some information about this difficulty, including what …

If you’ve ever done a personal budget, you know how hard it is to predict what you’ll spend for the month when you begin. Sometimes you find yourself having to …

Hiring CFOs for your cannabusiness isn’t always easy. One of the single biggest challenges in the cannabis industry is hiring good people with comparable experience. Because the cannabis industry is so …

Startups are a time-honored American tradition. Everyone is welcome to start their own business, with an infrastructure of a loan application and investments to help new ventures get started. Working …

It is now almost one month since a major step was taken in the federal legalization of marijuana . The House Judiciary Committee approved a bill that would remove cannabis from Schedule 1 of …

Wondering how to avoid 280E ? You’ve come to the right place! The cannabis industry is a rapidly growing market. We have helped many cannabis businesses reach financial success and grow exponentially. …

Opening any business has many steps and procedures to ensure that your business is legal and in good standing. Becoming a California cannabis retailer is no different in that regard, …

Before starting a business, many founders draft a detailed and comprehensive business plan. A business plan is helpful when raising capital, and for giving the business its best possible start. …