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Blog

May 13 2020

Unlimited Licenses in Missouri, Cannabis Banking & Maine Restrictions Lifted

Missouri House Passes Bill to Eliminate Medical Cannabis License Caps

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

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Filed Under: News

May 05 2020

The Pros and Cons of Going Public on the CSE as a Cannabis Company

The Canada Stock Exchange (CSE) is an attractive option for mature cannabis companies looking to grow.

With simplified reporting requirements, a progressive approach to the cannabis industry, and no mandatory sponsorship requirements, the barriers to entering this stock exchange are low...

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Filed Under: Finance, Canada

May 01 2020

Break-Even Point for a Cannabis Dispensary

 

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...
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Filed Under: Business, Finance, Operations, Accounting

April 24 2020

Role of a Receiver and the Benefits of Receivership

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...
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Filed Under: Compliance, Business, Finance, Accounting

March 26 2020

Economic Update for Cannabis Businesses

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.

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Filed Under: News, Taxes, Business, Operations, Accounting

March 11 2020

Cannabis Dispensary Layouts

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...
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Filed Under: Finance, Operations