<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=157958514840961&amp;ev=PageView&amp;noscript=1">

Blog

February 15 2019

Budgeting for LA’s Cannabis Social Equity Program - A Breakdown of Property Support Fees for Phase II Tier 3s

An Analysis and Cost Breakdown of LA’s Tier 3 Social Equity Program for Cannabis Businesses

[Read more...]
February 12 2019

How Pro Formas Affect Your Cannabis Business

Anyone who owns a cannabis business has probably heard of the term “pro forma.”  

However, not all business owners understand how powerful a tool pro formas can be to demonstrate how much money the business needs to start up and operate until it is able to generate profits.

Usually,...

[Read more...]

Filed Under: Finance

February 11 2019

Weekly Round-Up: Commercial Cannabis Updates from Across California

This week we see Bellflower entertaining the possibility of increasing the number of permitted Medical Cannabis Businesses, Santa Paula overturning its cannabis ban, and two more CA cities setting its cannabis tax rates and framework. CalCannabis has also released official guidance...

[Read more...]

Filed Under: Weekly Update

February 06 2019

The 5 Best POS Systems for Cannabis Retailers

If you’re seeking to upgrade your software, or just hoping to avoid some of these common bookkeeping mistakes, your point-of-sale system is a good place to start.

A good POS system can help a cannabis retailer manage inventory, track sales, and get data on your customer trends.

[Read more...]

Filed Under: Business, Finance

February 04 2019

Weekly Round Up: Bird’s Eye View into California Counties and Cities Permitting Commercial Cannabis Activity

As commercial cannabis regulations settle and localities and operators gear up towards final steps for compliance, heavy activity can be seen regarding application submission, approval, and compliance.

[Read more...]

Filed Under: Weekly Update

February 04 2019

Everything You Need to Know About METRC Cannabis Tracking, Reporting & Compliance

METRC has been in the news in California recently with the approval of Resolution 3702, which approved a new vendor TrackLoop.

This new software vendor will provide a new option for cannabis operators hoping to comply with California’s Track-and-Trace requirements.

There’s still a lot of...

[Read more...]

Filed Under: California, Compliance

January 31 2019

Tax Preparation Checklist for Cannabis Operators

Despite the government shutdown, tax season has officially begun. Income tax-filing season opened January 28, 2019. You have until the deadline of April 15 to submit your business tax return (unless you qualify for an extension).

[Read more...]

Filed Under: Compliance, Taxes

January 30 2019

Top Strategies for Pasadena’s Commercial Cannabis Screening Application

As we’ve covered previously, Pasadena, California’s cannabis business application works slightly differently than other cities across the state. Most cities ask for a cannabis operator to submit their site details. Cannabis real estate is one of the most important aspects of a licensing...

[Read more...]

Filed Under: California, Licenses

January 30 2019

What You Need to Know About California's Permanent Cannabis Regulations

There have been some revisions to the last set of state-wide cannabis regulations that were originally released in October 2018. Check out our previous coverage for more information and history regarding these permanent regulations that go into effect this month (January 2019).

[Read more...]

Filed Under: News, California

January 28 2019

The Weekly Round Up: News from LA, Chula Vista, Riverside County, and more from the BCC

This week, LA is gearing up for its Phase 1 annual license submissions.

In Riverside County, RFPs for Cultivation, Retail, and Microbusinesses are being released on Wednesday, and Chula Vista extends the submission window due to website inaccessibility. New BCC forms, that are cited in the...

[Read more...]

Filed Under: Weekly Update