Category: Features

Tremendous progress has been made in the science of lighting for indoor farming. We now know about the impact of the light spectrum, the optimal time to operate the lights for specific plants, and much, much more. Despite this important information, all the options on the market today can make…

In some ways, the housing market crash of 2008 paved the way for the modern cannabis industry, as countless real estate professionals shifted their focus toward the previously clandestine world of medical marijuana. “It was actually less risky to be in cannabis at that time than it was to be…

Designing, building and operating the ideal cannabis growing facility and getting every aspect of it right is no small task. There are countless decisions to be made and no obvious road map to create the perfect facility, nor is there a magic formula yet to maximize return on invested capital.…

As discussed in the January 2019 issue of Marijuana Venture, there are likely multiple legal entities involved in your dispensary operations and by now you should understand the importance of accounting for each in its own QuickBooks file. The activities and transactions of each legal entity are separate and distinct…

David Fuegy has to follow all the same rules as any state-licensed cannabis retailer in Oregon. He has to receive permits from the city and state, track all products from seed to sale, meet basic security requirements, maintain a digital video record of his facility, abide by setback laws, pay…

Voters in Michigan have now given recreational marijuana its first toehold in the traditional Midwest as the progressive movement has expanded beyond the coasts and mountains. The possibility of additional Midwestern states, including Ohio and Illinois, voting for recreational marijuana in 2019 and 2020 further proves that a growing number…

Before buying your security system, talk with manufacturers in the video, access control and intrusion detection industries to learn what they have done to help business owners like yourself. A lot of times these manufacturers are highly educated in the cannabis industry and will help design your security plan. Once…

Democrat Michael Bennet and Republican Cory Gardner — both Colorado senators — expressed great delight when the U.S. House and Senate announced they finally agreed in principle on the substance of the 2018 Farm Bill. Bennet said his goal was to get a bipartisan Farm Bill passed before 2019 —…

Walking into Diego Pellicer in Seattle is like entering the lobby of a high-end hotel: just past the perfectly manicured hedges and Victorian iron gates, shoppers are welcomed by crystal chandeliers, exquisite tile work, Roman-style columns and friendly staff. Inside the cannabis shop’s back-lit glass and brushed-steel display cases is…

From your business experiences prior to marijuana, you are likely familiar with a variety of accounting systems. For example, Freshbooks, Sage 50 (formerly known as Peachtree) and QuickBooks are very popular with startup to mid-sized businesses with limited products, production and/or locations. Larger companies, including the biggest national and international…