by Jonathan Mobley | Nov 7, 2024 | Industry Trends and Insights
The cannabis industry is evolving rapidly, and 2024 is poised to be a game-changer for cannabis businesses aiming to stay competitive and compliant. From regulatory shifts to new technological advancements, changing consumer behaviors, and emerging financial...
by Jonathan Mobley | Nov 7, 2024 | Cash Flow and Money Management
Maintaining healthy cash flow is one of the greatest challenges for cannabis businesses, especially in a cash-heavy environment. With unique regulatory hurdles and restricted access to traditional banking, many cannabis companies must operate with large amounts of...
by Jonathan Mobley | Nov 7, 2024 | Financial Planning and Strategy for Cannabis Businesses
The cannabis industry is booming, but achieving sustainable growth requires a clear cannabis business financial roadmap. With unique regulations, high tax burdens, and fluctuating market demands, cannabis business owners face a distinct set of financial hurdles that...
by admin | Nov 5, 2024 | Tax Strategies for Cannabis Businesses
Navigating cannabis business tax deductions under 280E is uniquely challenging. IRS Code 280E, originally designed to prevent illegal drug traffickers from claiming tax deductions, now impacts legally operating cannabis companies across the U.S. Because cannabis...
by Jonathan Mobley | Nov 5, 2024 | Cannabis Compliance and Regulatory Updates
Why Compliance is Critical for Cannabis Businesses in 2024 Compliance in the cannabis industry is more complex and essential than ever. With evolving regulations, increased oversight, and the potential for severe financial and legal penalties, cannabis companies must...
