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Blog

Jack Wilson

Recent Posts

July 08 2021

How to Prepare to Sell Your Cannabis Business

Preparing to Sell Your Cannabis Business

The $2.1 billion Trulieve-Harvest acquisition is paving the way for a boom of M&A activity in the cannabis industry. 

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Filed Under: Compliance, marketing, Operations, Accounting

July 06 2021

How to Turn Around Cannabis Business Performance

How to Turn Around a Cannabis Business

The difficulty of turning a profit in today’s cannabis industry can sometimes feel insurmountable. Punishing federal and state tax regimes, the lack of intrastate commerce, limited banking access, restrictions on advertising, heavy operating costs,...

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Filed Under: Case Studies, Business

June 29 2021

Top Tips: Reporting and Bookkeeping for Cannabis Dispensaries

Reporting and Bookkeeping for Cannabis Dispensaries

In our experience serving 600+ cannabis clients throughout the US, we’ve observed that only 3 out of 10 dispensaries do an adequate job of bookkeeping and reporting.

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Filed Under: Accounting

June 24 2021

8 Benefits of Outsourcing Cannabis CFO Services

Benefits of Outsourcing Cannabis CFO Services

Managing a cannabis company’s finances is an entirely different beast when compared to financial management in any other industry. Cannabis's classification as a federally illegal substance presents complex, unique challenges to business owners...

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Filed Under: Compliance, Business, Accounting

June 21 2021

Filing a Tax Extension for Cannabis Businesses

Explainer: Filing a Tax Extension for Cannabis Businesses

Filing a tax extension for cannabis businesses is something that can be incredibly helpful for business owners and operators. Filing a tax extension gives individuals, owners, operators, partners, and investors the ability to file...

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Filed Under: Accounting

June 14 2021

3 Ways to Lower Dispensary Operating Costs

Case Study: How to Lower Dispensary Operating Costs 

Today, we are going to analyze how we were able to help a recent client almost instantly lower their dispensary operating costs. 

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Filed Under: Accounting

June 09 2021

5 Keys to Winning A Cannabis Retail Application

How to Win a Cannabis Retail Application

Submitting a winning cannabis retail license application is no small feat. 

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Filed Under: Case Studies, Licenses

June 04 2021

Keys to Cannabis Licensing: Financial Projections

Why You Need Financial Projections to Get a Cannabis License

A business plan and financial projections are necessary financial documents in applying for and securing a cannabis license. These documents are not only essential in applying for your license, but will also serve as the roadmap...

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Filed Under: Licenses, Finance

June 01 2021

Delta-8 Explainer: What is Delta-8?

Delta-8 THC is a controversial product stirring up a lot of news -- and earning bans in a growing number of adult-use and medical cannabis states. A lot of confusion swirls around Delta-8 (and to a lesser extent Delta-10) as consumers, operators and regulators seek clarity on what this...

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Filed Under: News, Business

May 26 2021

Ownership Shares: The Key to Attracting Top Cannabis Talent

Every business is a talent business. 

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Filed Under: Business