Blog

The cannabis industry is ripe for investors, with more and more cannabis companies joining the Canadian Securities Exchange (CSE). California’s cannabis market alone is estimated to reach $5.1 billion in market value. The cannabis industry remains a largely untapped market that has...

Today's cannabis updates from the state of California come from Pomona, Morro Bay, Colton, and more. 

One of the most difficult aspects of running a cannabis business is learning how to price your products profitably.

High tax rates for dispensaries can make it difficult to set your price tag at a point that remains attractive to customers while still earning income for your business.

The 280E federal regulation dictates what cannabis operators can deduct on their tax return.

The main thing you need to know is that the IRC 280E prohibits any company operating in connection with a Schedule 1 or Schedule 2 drug from deducting certain business expenses.

Unfortunately,...

This week RFPs are out for Commercial Cannabis Business Permits in Cotati and Contra Costa County. In other Cannabis Business new, Cannabis Business Tax announcements are abound in San Juan Bautista and San Luis Obispo County.

Oklahoma legalized medical cannabis in June 2018, and since then, the market has exploded with dispensaries and grow operations.

By our count, the Oklahoma market has more than 1600 growers, 436 processors, and 947 dispensaries – a very competitive landscape for anyone wishing to enter the...

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

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,...

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...

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.