Cannabis Real Estate Financing: Securing The Right Property For Your Business
Cannabis real estate financing can seem daunting if you haven’t dealt with it before. However, conducting the right protocols for getting proper real estate financing can lessen the complexities. Many new cannabis businesses are getting a license to secure their spot in the market from recreational to medical and have a process for how they […]
Maryland Accounting Services For Cannabis Businesses
Cannabis businesses are always in need of Maryland accounting services, but what should they look for in an accountant? Many are around the Maryland area which can leave you feeling overwhelmed. Luckily, we laid out a vetting process for you to find the right accounting services for your business. Keep reading to learn more! Cannabis […]
Cannabis CPA Near Me: Finding The Right Accountant For Your Cannabis Business
Finding the right CPA is about knowing what to look for. There are dozens around Maryland, and it can be challenging to choose the best one. A CPA helps with finances and specializes in the cannabis industry to ensure that you optimize your business operations. We are going to explore what to look for and […]
How To Open A Dispensary In Maryland
Ask any economic expert about the most thriving sectors in Maryland, and they’ll speak to the state’s prowess in manufacturing, energy/utilities, life sciences, and construction. However, Maryland is gaining more notoriety for another commodity that can earn a substantial amount of revenue; legalized adult-use cannabis. Many Maryland residents might hear about adult-use cannabis legalization and […]
How Profitable Is Running A Dispensary?
We’ve come a long way from cannabis being a primary target of the misguided War On Drugs. The first revolutionary step came back in 1992 when the first medical cannabis dispensary, The San Francisco Cannabis Buyers Club, opened itself to the public to serve patients. Soon after, both Cannabis Buyers Club founders co-authored Proposition 215 […]
CPA’s Tips on Building a Solid Foundation for Your Dispensary
The cannabis industry has experienced exponential growth as adult use has become legalized in many states over the last few years. If you’re considering opening a cannabis dispensary, you need a strong financial foundation. It’s best to start with a robust and detailed business plan, which is the first step to state licensing. This plan […]
Bookkeeper vs. Accountant: What’s the Difference?
In the cannabis sector, the need for flawless record-keeping and accounting combined with permanently evolving regulations means cannabis businesses face a steep challenge in maintaining financial compliance. Relying solely on in-house methods for cannabis bookkeeping and accounting purposes could prove futile, especially given the busy pace of the cannabis space. Thus, the wisest approach to […]
5 Fatal Mistakes You Might Be Making As A Cannabis Business Owner
Cannabis business owners are often passionate about their product and service, but that doesn’t mean they’re immune to making mistakes. Given the strict regulations put in place by lawmakers, a few fatal errors can cause your business to have serious problems. Keep reading to learn five of the most common mistakes made by cannabis business […]
How to Choose the Right Marijuana Stock
With the rising public acceptance of cannabis, this risky asset class presents a fantastic opportunity for your stock portfolio to develop.The global legal cannabis industry is expected to reach $84 billion in value by 2028. With such remarkable growth anticipated, it’s unsurprising that many investors are interested in cannabis stocks. With that being said, you […]
How to Finance Your Cannabis Business
New Frontier Data projects the U.S cannabis market is expected to reach $30 Billion in annual sales by 2025. This growth is fueled by increased consumption as adult-use becomes legal across the country. Given the upward trend, many entrepreneurs are eager to learn how they can start their own cannabis business, such as a dispensary […]
