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How to get a cannabis license in Michigan

Recreational and medical cannabis are legal in Michigan. There are nearly a quarter-million medical marijuana patients in Michigan, making the state second only California in the number of licensed patients. Michigan was also the first state in the Midwest to pass recreational cannabis legislation.  Business licenses are now available for a range of businesses including …

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How to get a cannabis license in Illinois

Cannabis businesses in Illinois have begun selling recreational cannabis. It is a hit! The Chicago Sun-Times reports that revenue during the first five days of legal sales totaled $10.8 million worth of pot products. Illinois is the “Capital of the Midwest” and is expected to become a major player in both the recreational and medical …

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Six ways to prepare a cannabis business for tax season

With tax season looming, most business owners are in the middle of preparing. For cannabis businesses, in particular, tax season can feel like a minefield. Different states have different legal requirements when it comes to tax return prep and filing. It can get quite complicated depending on whether you are a manufacturer, distributor, retailer or …

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Eight Resolutions for Cannabis Businesses in 2020

The cannabis industry is booming in many states. The initial plan for your cannabis business served you well. A new year calls for some small updates to all you’ve set in motions. Plan to make 2020 your best business year yet, both personally and professionally. Consider these eight strategic suggestions to improve your cannabis business. …

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How to Choose the Best Cannabis Marketing Agency

Picking the best cannabis marketing agency for your business can have a profound impact, either positive or negative.  Cannabis marketing is still the Wild West. The rules and regulations are in a constant state of flux and are different from market to market. And it’s not just the legal regulations that cause problems, it’s the …

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Streamlining Procurement For More Profitable Cannabis Operations

Cannabis has swiftly become one of the fastest-growing markets of our lifetime. By some measures, the Cannabis Boom — or the Green Rush, as many are calling it — is said to be expanding faster than the Dot Com Boom. According to cannabis industry analysts ArcView and BDS Analytics, the worldwide legal cannabis market is …

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QuickBooks vs. FreshBooks: How to Find the Best Accounting Software for Your Cannabis Business

Cannabis-friendly accounting software solutions pose some challenges for business owners. In order to remain compliant and organized in today’s cannabis world, there are several key pieces of software that every business owner needs. One of these is accounting software.  Two of the top accounting software on the market are Freshbooks and Quickbooks. In order to …

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How To Pick Cannabis Accounting Software For Your Business

Researching accounting software can sometimes be confusing and frustrating, especially in the cannabis industry. There are so many products to research and compare. On top of this, accounting software is not always designed with cannabis integrations in mind, so communication between track-and-track, Point-of-Sale, or Seed-to-Sale software can be challenging. It may feel easier to with …

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Why Dispensaries should be using Text Message Marketing

The cannabis industry has been restricted when it comes to marketing and advertising. The government and digital ad networks dictate what — and how — brands and dispensaries can advertise, even in states where it’s recreationally legal. This means you’re unlikely to see a sponsored Facebook ad or a Google Ads campaign for cannabis products, …

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How to Find the Right Insurance for Your Cannabis Business

If you’re starting a cannabis business, you probably have a plan and a to-do list. One thing that needs to be on it is cannabis business insurance. While all business owners know they need protection, the potential time and money drain can be offputting. Next Insurance surveyed 30,000 small business owners and found that 44% …

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