Blog

Missouri House Passes Bill to Eliminate Medical Cannabis License Caps

Great opportunity if you want to become a cannabis multi-state operator!

 

The faster your cannabis operation hits break-even, the sooner you become profitable – here's how. 

• Start keeping track your sales, number of transactions, weather, events in the areas, specific promotions, and headcount for the day and even big news headlines for every day.
• Examine...

This post is part 2 in a series about economic receivership. Catch up on the first part, “Receivership for Cannabis Businesses” for more information. 

• Cannabis businesses can't file for bankruptcy; receivership is an alternative solution.
• A "receiver" is someone appointed by the court...

 

Small business owners around the country are in need of help as more and more states ask their citizens to stay at home. Cannabis is no exception.

The physical layout of your cannabis dispensary can influence your sales, customer service, and overall growth. 

• The layout of your cannabis store impacts how you schedule and utilize your employees, control your inventory, and serve your customers.
• The layout is influenced by your...

As of January, 2020, distributors need to know about the CDTFA's changes to California's cannabis excise tax. 

• Distributors will need to pay the excise tax more frequently, and the basis that they calculate the cannabis excise tax on could be lowered, but the markup on that basis has...

This index of the financial accounts in the general ledger saves time and stress when tax season rolls around.

• A COA can generate better, more accurate reporting on your cannabis business performance to help you grow. 
• Transactions are broken into five main categories: assets,...