Category: Financial

The 420-Friendly 401(k)

September 20th, 2018

With so many traditional financial services being unavailable for cannabis industry participants, it’s almost shocking to see a company that is willing to openly embrace entrepreneurs in this federally illegal space. But as the industry gains wider mainstream acceptance, financial institutions and investment firms are slowly opening their doors to…

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Insuring your crops: An introduction

February 28th, 2018

In a cannabis grow, there are risks you simply cannot avoid. Thus, it is important for every grower to understand and engage in proper risk management, which is the process of identifying the risks you face, and developing a plan to survive them. One of the key pieces of that…

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Will California’s real estate market mirror Colorado?

January 18th, 2018

As California prepares to open its recreational cannabis market, savvy entrepreneurs and investors are studying the blueprint laid out in previous states to understand the potential for investment opportunities. In 2000, Colorado allowed marijuana use for debilitating medical conditions. Over the next decade, the law expanded, eventually allowing legal dispensaries…

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Financial Modeling: The key component for success

December 20th, 2017

Lately, I have had the pleasure of working with several innovative and rapidly growing companies that are poised to have a significant impact on the industry. One of the common components to their success has been the early development of a dynamic financial model that accurately reflects the key elements…

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5 common pitfalls that have crushed small startups

December 11th, 2017

As an advocate for small business owners and a veteran of the finance industry, I have listened to hundreds of requests for capital from both cannabis-based businesses and business owners in other sectors. There are a few key mistakes I have seen business owners make time and time again that…

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Banking challenges and opportunities

October 27th, 2017

One of the biggest challenges for marijuana-related businesses is obtaining access to banking and other financial services. As long as marijuana remains illegal at the federal level, many banks, credit unions, lenders and other financial institutions will continue to remain wary of the industry, no matter how many states legalize…

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Ryan Lowther

September 14th, 2017

As prospective cannabis entrepreneurs attempt to understand state and local regulations — while putting together business plans and marketing strategies — many attorneys across the country are scrambling to do the same. After all, the marijuana business and its complex regulations weren’t exactly taught at law school. After working at…

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Plastic and Pot

September 7th, 2017

Most professional cannabis retailers know the struggles of collecting and making payments within the marijuana industry. For years, even in states where medical weed has long been legal, dispensaries and other marijuana-related businesses could hardly hope to have a bank account, let alone accept credit and debit payment cards. Visa…

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Decreasing the dependence on cash for canna-businesses

August 24th, 2017

We live in a credit/cash-equivalent based economy. Yet, cannabis businesses still rely on cold, hard cash for virtually everything and face immense burdens when it comes to running their everyday operations because of it. Conducting transactions in a cash-only atmosphere causes myriad issues with payroll, accounts payable, accounting and taxes.…

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Investing in Canada

August 4th, 2017

In more ways than geography, Canada is “higher” than the United States. Since the 2015 election of Prime Minister Justin Trudeau, investors globally have had an eye on Canada. In April, the Liberal government introduced a measure to legalize cannabis; investor confidence is soaring; Canadian cannabis stocks continue to trade…

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