Starting a business is inherently risky but these are especially acute for cannabis cultivators. Uncertainties surrounding marijuana banking and the patchwork of ever-changing and onerous regulations means many cannabis operations start small with a view to scaling-up as and when conditions allow for it. It’d be a mistake to think scaling-up simply means hiring more […]
How do you measure the success of your marijuana business? Aggregate numbers like sales and expenses are, of course, important but they don’t necessarily give a full picture of a company’s performance, and where it’s likely headed. For a more nuanced understanding of a company’s health, analysts make use of key performance indicators (KPIs). By […]
The US Federal Reserve’s decision to hike interest rates to help combat inflation amid a shrinking US economy in the first quarter of 2022 has spurred fears of a recession. These fears have intensified in some quarters following the release of the latest estimates from the Federal Reserve Bank of Atlanta’s GDPNow model for the […]
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 […]
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 […]
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 […]
When it comes to the long-standing art of solventless concentrate processing, efficiency is vital to success. While making solventless concentrates is a pretty straightforward process, there are many different ways to go about it. Luckily, the formula still involves a few do’s and don’ts, and familiarizing yourself with them can make your technique more effective, […]
Though marijuana legalization continues to spread across the US at the state level, there has been little progress on implementing standardized cannabis manufacturing rules and regulations to ensure product safety and quality. This is because of marijuana’s federally illegal status, which means federal agencies like the Food and Drug Administration (FDA) and the Drug Enforcement […]
