Building a Scalable Cannabis Business Growing your cannabis business takes just as much conviction as starting your cannabis business. Whether you’re an ancillary business or a business that “touches-the-plant”, figuring out when to develop a board and who to take an investment from can be a daunting task. This week Miggy and Tom were joined […]
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Employment and Human Resources in the Cannabis Industry Cannabis HR software is critical when establishing your cannabis business. When building your cannabusiness it’s easy to get caught up in your product, funding, and licenses but don’t let staffing take a back seat. This week we spoke with Heather Smyth from Würk to get a better
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What Banking Solutions are Available to Dispensaries? Cannabis banking has challenges that have ravaged the industry since the beginning. For an industry that is estimated to generate $19.3 billion in 2020, cannabis businesses have a tough time securing bank accounts. Cannabis is still federally illegal which makes most banks fearful to work with any cannabis
Why no public housing, doctors, banking or guns for marijuana users? These questions come up all the time with people in states where cannabis is legal – but not all businesses are as accepting of the new state laws. The 5 Cannabis Industry Challenges for 2020 are: banking, health care, even public housing, veterans, and
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Jim Breese from Green Growth CPAs Guests Miggy leads off the show with his News of the Week being the FDA dropping its transcript of the testimony – 622 pages. Linked below. Tom talks about Tegridy, CuraLeaf getting an FDA notice. Then it is a deep dive into tax and operations of cannabis. Check it
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Money Laundering & Marijuana Industry Marijuana being a schedule I drug declared unlawful under the Controlled Substances Act of 1970 has not stopped the majority of states from legalizing either its medical or adult use. The Bank Secrecy Act (“CSA”) takes part of the Controlled Substances Act (“CSA”) and defines it as ‘specified unlawful activity’
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Cash is king – especially in the legal cannabis industry that has problems accessing banking. This was one of the first youtubes that I did back in February of 2018. It almost pains me to watch it because I am doing a lot of things wrong and really have no clue about the format. Fortunately,
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