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Learn what expenses to prioritize and ways to optimize your cash flow to stay in business. 

• Pay your cannabis taxes first, and rent and utilities expenses thereafter. 
• Know your inventory restock cycle to plan ahead for unforeseen expenses. 
• Build a rainy day fund with any extra cash...

Investing in an opportunity zone is a great way to support the community while taking advantage of tax credits.

• Opportunity zones are those where the poverty rate is at least 20% or median family incomes are no greater than 80% of those of their surrounding areas. 
• The IRS offers...

IRS Tax Form 8300 must be submitted by any business that receives $10,000 or more in cash in a single transaction or multiple related transactions.

• The IRS has been auditing cannabis businesses that do not submit Form 8300.
• This form needs to be filled out any time a business collects...