Financial Strategy
-
California Cannabis CPA Accounting Services
More often than not, cashing in on the cannabis industry can be tricky, especially when you’re new to this type of business. It is also very likely that you’ll need …
Get Smarter -
Cannabis Banking California Insight
The California cannabis industry has not come this far without feeling some growing pains. But, besides state law overregulating this industry, even a business operating with California law in mind …
Get Smarter -
Cannabis Financing Ideas to Scale
Whether you’ve recently decided to start a cannabis business or have been in the industry for years, raising capital can be one of the most challenging aspects of the entrepreneurial …
Get Smarter -
How to Become a Legal Grower in California
Becoming a legal grower or cannabis nursery business operator in Cali might seem like a daunting task, especially if you’ve been making your living as a part of the legacy industry. But while …
Get Smarter -
Cannabis Accounting: Expert Advice to Scale
The marijuana industry is growing, and there’s no denying cannabis accounting is becoming increasingly important. The space is booming as more laws pass and new companies sprout up every day. …
Get Smarter -
An Alternative to PPP for Cannabis
The CARES Act, an acronym for the Coronavirus Aid, Relief, and Economic Security Act, implemented the Paycheck Protection Program (PPP). But is there an alternative to PPP that applies to …
Get Smarter -
California Cannabis Business Tax FAQ
California cannabis business tax queries continue to roll in as the state continues to regulate this budding industry. This is why we decided to create our California cannabis business tax FAQ. Below, you’ll find …
Get Smarter -
California Cannabis Business Tax Guide & Updates
California cannabis business taxation is in a constant state of motion. With each update, it becomes more crucial to remain up to date on the regulations in place, which is why we’re covering Cali …
Get Smarter -
How to Make the Best Decisions for Your Cannabis Company
With more regulation now than ever before, the cannabis sector demands good decisions to succeed. But how to make the best decisions for your cannabis company? Use this actionable list …
Get Smarter -
New Jersey Cannabis Businesses Could Benefit from Blockchain & Crypto-Asset Banking Developments
Blockchain and crypto-asset payment systems are becoming increasingly common across various industries; people purchase cars, homes, services, and more with these payment systems’ availability. But the impact these systems can …
Get Smarter -
Cannabis Grow Facility Lenders: Scale Your Operations
Cannabis grow facility lenders aren’t a dime a dozen; cannabusiness funding can be challenging to find. But even once you locate a lender, getting a loan to scale grow operations, expand …
Get Smarter -
Where Can You Get a Cannabis Business Loan?
Some of our clients have asked us, “Where can you get a cannabis business loan?” Or, “Where can you get a business loan for a dispensary?” While it’s not always …
Get Smarter -
Michigan Marijuana Regulatory Agency (MRA) Annual Financial Statement Insight
Curious to learn more about the Michigan Marijuana Regulatory Agency (MRA) annual financial statement? This is the most encompassing guide on the internet! Now that the January 31, 2021 deadline …
Get Smarter -
Cannabis Nursery Businesses: The Right Investment for You?
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 …
Get Smarter -
How to Determine the Break-Even Point for Your Cannabis Dispensary
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 …
Get Smarter -
Financial Forecasting Methods & Factors for Cannabis Businesses
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 …
Get Smarter -
Your Guide to M&A Due Diligence Preparation
There’s rarely a sign with big red letters warning us of the need for due diligence during an M&A. But maybe there should be. 83% of mergers and acquisitions (M&A) fail. …
Get Smarter -
Outsourced Cannabis CFO vs. Hiring In-House
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 . …
Get Smarter -
5 Benefits of Hiring a Fractional CFO for Cannabis
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 …
Get Smarter -
Cannabis Inventory Management Tips to Stay Compliant
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 …
Get Smarter -
7 Ways to Earn the Interest of an Angel Investor
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 …
Get Smarter