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business

April 02 2019

Drive Cannabis Sales with Customer Education and Staff Expertise

As you know, the cannabis market is very competitive across the US.

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Filed Under: Business

March 27 2019

Franchising Tips for Cannabis Businesses

Franchising can seem like an easy way to start to grow your cannabis business, especially when you have something special that is actually kicking off a healthy amount of cash or profits.

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Filed Under: Business

March 20 2019

5 Ways to Boost Profitability on Your Top Selling Cannabis Product

Profit margin is one KPI to which all cannabis retailers should be paying attention.

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Filed Under: Business

March 14 2019

How to Select a Good Location for Each Type of Cannabis Business

One of the most difficult parts of operating in the cannabis industry is locating real estate for your business.

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Filed Under: Business

March 12 2019

Intellectual Property: What IP Can Your Cannabis Company Protect?

There are still many parts of the cannabis market that feel unregulated: and intellectual property rights is one such area.

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Filed Under: Business

February 21 2019

How to Price Your Cannabis and Cannabis Products for Profit

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.

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Filed Under: Insider, Business

February 19 2019

How to Beat the Competition in Oklahoma’s Cannabis Market

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...

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Filed Under: Taxes, Business, Oklahoma

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.

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Filed Under: Business, Finance

November 29 2018

Cannabis Security 101: How to Protect Your Business

As tax professionals, we focus a ton on your cannabis business’s financial security.

We’re experts at helping you prevent bookkeeping mistakes, avoiding tax fraud, and making sure your cannabis operation is compliant with state and local tax laws.

But what about the physical security of...

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Filed Under: Business

November 20 2018

What is the Best Way to Structure Your Cannabis Business?

As part of writing your cannabis business plan, one of the first decisions you’ll have to make is how to structure your cannabis company.

There are many types of entities to choose from. Each one has different tax and legal implications.

Selecting the right business structure also means...

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Filed Under: Business