Month: February 2025

Introduction The cannabis industry has undergone significant transformations and growth as it approaches 2025. With the global legal cannabis market projected to reach $73.6 billion by 2027, entrepreneurs are presented with unprecedented opportunities. However, challenges remain prevalent, particularly in navigating regulatory frameworks and securing banking services. Key takeaway: Effective financial planning is crucial for…

Introduction The cannabis industry has experienced significant growth in recent years, driven by changing regulations and increasing public acceptance. Despite this expansion, cannabis businesses face unique challenges that complicate their operations. Key issues include: Compliance with complex federal, state, and local regulations Navigating Section 280E, which limits tax deductions Managing cash-heavy transactions…

Introduction The cannabis industry has experienced unprecedented growth in recent years, transforming from a largely illicit market into a legitimate sector with significant economic impact. As more states legalize cannabis for medicinal and recreational use, the financial landscape surrounding cannabis businesses becomes increasingly complex. Entrepreneurs entering this dynamic space face various challenges,…

Introduction The cannabis industry has grown rapidly in recent years, with more places legalizing it. This growth has led to the rise of many businesses like dispensaries, growers, and manufacturers. However, things are still complicated because federal regulations are in place, making it hard for these businesses. Some important things to consider…