As with many aspects of doing business as a cannabis enterprise, securing a lease agreement entails extra layers of complexity and considerations that traditional businesses typically don’t have to contend with. This includes the higher rents often demanded by landlords to compensate for the perceived risk of working with a cannabusiness, but there are other […]
As the marijuana industry in the US becomes ever more lucrative, more and more entrepreneurs are looking to get in on the action. Applications for cannabusiness licenses are increasing year on year, with the number of issued retail licenses jumping by nearly 30 percent in the past year. In this increasingly competitive environment, marijuana retailers […]
After a two year Covid-induced hiatus, B2B cannabis conference events are back and bigger than ever. Such events are a perfect opportunity for marijuana industry veterans and would-be cannabis entrepreneurs alike to stay ahead of the latest developments and meet like-minded individuals and brands that could well offer more than just a friendly conversation. Before […]
Anyone starting a marijuana cultivation business is instantly faced with perhaps the most important challenge to their operation’s chances of success – how to find and recruit the right master grower. While many people may have dabbled in growing cannabis, doing it at scale and to a high standard is no small task. Pick the […]
No business owner can manage their enterprise’s operations alone. That is, not if you want your business to succeed and grow. This is especially the case for businesses in the cannabis space. Complex and ever-changing rules and regulations impose time and resource constraints that are overwhelming and costly to handle alone. That’s why it’s imperative […]
As the cannabis industry in the US matures, there’s a growing need for accountants to service canna-businesses and further professionalize the sector. But given the complexities and risks faced by marijuana businesses due to the plant’s federally-illegal status, it is essential to hire an accounting firm with cannabis industry-specific expertise for three hugely significant reasons. […]
As the world slowly emerges from the confines of COVID-19 lockdowns, there’s a slew of marijuana industry events scheduled in the US and beyond in the coming months. If you want to stay in the know for all things cannabis, get these dates in your diary. Here’s a rundown of what’s happening and where in […]
Marijuana legalization has well and truly established itself as more than a movement in recent years. It’s now big business, with retail sales expected to top $37 billion in 2024. But while more and more states move to legalize cannabis, the marijuana industry continues to be underserved by financial institutions, including accountants. This not only […]
Marijuana farming in the US has undergone a lot of changes in recent years. Federal hemp legalization alongside more than a dozen states legalizing adult-use cannabis have been a boon for the marijuana cultivation industry, with a lot more winners than losers. Here, we identify six cannabis cultivation trends over these past five years that […]
The Centers for Disease Control and Prevention (CDC) published advice for businesses that employ drivers in states where marijuana is legal on how to mitigate the risk of impaired driving. In its blog post, the CDC’s National Institute for Occupational Safety and Health (NIOSH) notes the dangers of driving under the influence of THC but […]