Resources
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 explore all your options when it comes to funding. Currently, with all...
When to Use Cash-Based Accounting For Your Cannabis Business
‘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 with. With the unique-phenomena where cannabis is illegal on the federal level, but legal at the state...
Increasing Cash Flow For Your Cannabis Business With a Sale-Leaseback
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 why owners of businesses like marijuana dispensaries, cannabis distributors, and cultivators are always on the lookout...
What Cannabis Businesses Can Learn About Section 280E
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 cannabis laws can make it hard to stabilize the finances. There is a constant...
Tax Requirements for a Los Angeles Cannabis Distributor
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, increased sales and momentum comes with a catch—the more sales you get...
Keeping Cash Flow for Cannabis Businesses
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 fast.” They got all their mistakes out of the...
How to Find Insurance for Your Cannabis Company If It’s Proving Difficult
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 you can do to get around it. Cannabis Insurance...
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 adjust your projections when you overestimate in one area or underestimate in another. It's almost...
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 new, there are many times more jobs available than those with...
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 the system, a new business can usually get enough funds to test the...