Cannabis Business
-
How to Make Quarterly Projections for Your Cannabis Business
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 …
Get Smarter -
5 Industries That Make CFOs a Good Fit for Your Cannabis Dispensary or Grow Op
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 …
Get Smarter -
Funding Your Cannabis Business When the Bank Turns Down Your Loan Application
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 …
Get Smarter -
Are We At The Doorstep of Federal Marijuana Legalization?
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 …
Get Smarter -
How to Avoid 280E
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. …
Get Smarter -
California Cannabis Retailer Requirements
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, …
Get Smarter -
Standard Operating Procedures to Implement in Your Cannabis Business
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. …
Get Smarter -
7 Financial Signs It’s Time to Sell Your Cannabis Business
Running a cannabis business can be incredibly lucrative. What many first-time founders don’t realize is that few businesses stay with the original owner. Many business owners professionally nurture a shop …
Get Smarter -
How to Restructure Your Cannabis Business as More States Legalize
The cannabis business is currently caught in an interesting dance of legality and opportunity. On one hand, it is still considered illegal according to federal law. However, on the other …
Get Smarter -
8 Things You Need to Know About Doing Taxes for Your Cannabis Business
It’s common among the cannabis industry to hear stories of business owners getting hit with a crushing tax bill or an IRS audit. The industry has expanded quickly with legalization in individual …
Get Smarter -
Cannabis Start-up Advice: Hiring the Smart Way
Smart hiring is not only a good business practice, it’s a necessity. And for a start-up cannabis business, in particular, hiring the right way is critical. With obstacles such as …
Get Smarter -
Tips for Managing Cash Flows of Your Cannabis Company
Cannabis businesses face cash flow issues for a few reasons. The first big reason is taxes. Being subject to the tax laws under Internal Revenue Code 280E means there are …
Get Smarter