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Blog

May 28 2019

5 Tips for Diversifying Your Cannabis Customer Base

As the cannabis market expands, it's important to know who your best customers are – and recruit new ones simultaneously.

  • Baby Boomers are a lucrative market: 67% of Boomers consume cannabis for health and medical reasons. They also spend more than millennials or Gen Z.
  • Diversify your...
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Filed Under: Business

May 20 2019

Morro Bay, California City and Manhattan Beach Cannabis Update - May 20

This week in California, Morro Bay, Manhattan Beach, and California City each announced updates to their cannabis taxes and local regulations. Here’s what you need to know about running a cannabis business in each of these jurisdictions.

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Filed Under: California, Licenses

May 13 2019

San Luis Obispo County & California Track-and-Trace - May 13

Here’s what’s been going on in the state of California’s cannabis market.

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Filed Under: California, Licenses

May 07 2019

Creating a Killer Pitch Deck for Your Cannabis Company

 

A well-crafted pitch deck can make your cannabis company stand out to potential investors.

  • Keep your deck short: no more than 15 slides.
  • Focus on the "why": why should an investor care about your business over every other investment opportunity?
  • Include ways that your business stays...
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Filed Under: Finance

May 06 2019

Los Angeles, Marina, and Other Cannabis News from California - May 6th

Some big news this week for cannabis operators seeking to open a business in Los Angeles! Read on for this week’s headlines from the California cannabis industry.

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Filed Under: California, Licenses

April 29 2019

Weekly Licensing Update - April 29

Cannabis Business Co-Working Space in Downtown Los Angeles

 

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Filed Under: California, Licenses

April 29 2019

Alameda California Cannabis Licensing

Alameda, California began the process of approving three retail cannabis dispensaries on April 23, 2019.

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Filed Under: California, Licenses

April 25 2019

Crash Course on Vendor Agreements for Cannabis Operators

You must have written agreements with partners throughout your supply chain to stay compliant with industry regulations. 

  • Most experts recommend writing your contracts with entities based in the same jurisdiction.
  • Avoid using a plug-and-go template; contracts from one state won’t...
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Filed Under: Finance

April 17 2019

What Cannabis Operators Need to Know About Cash Flow

The sheer amount of cash moving through the cannabis market makes cash flow a critical KPI for cannabis operators. 

  • Cash flow is a contributing factor in the majority of all new business failures, and cannabis operators are at even more of a risk.
  • Strong inventory management is the first...
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Filed Under: Finance

April 15 2019

Weekly California Cannabis Regulation Update: April 15

This week in California was relatively quiet, with a few updates related to Los Angeles cannabis ordinances.

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Filed Under: California, Weekly Update