It’s only been a short time since certain states have legalized recreational marijuana but the green gold rush is decidedly underway. Already a highly competitive field, quality promotional materials are necessary to help your weed products stand out. Because of...
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Although relatively new to legal commerce, networking is every bit as important to running a successful cannabis business as it is for any other. Here are a few tips on making fruitful connections in this quickly expanding field. Be Informed...
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The growing popularity of medical cannabis and the legalization of recreational marijuana promises numerous economic and social benefits. It has created a lot of new business opportunities, improved the quality of healthcare, and created new revenue sources for states. The...
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Now that COVID-19 has grown into a global concern, businesses everywhere are moving toward cashless systems. Although health experts believe the risk of transmitting the virus via money remains negligible, it is still a fear among many. This makes virtual...
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Everyone knows about marijuana’s increasing decriminalization. The business is obviously exploding as a result of loosened restrictions. 2020 saw the industry’s best year on record and projections are for profits to climb even higher. Here is a sampling of statistics...
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At first glance, growing cannabis seems like a no-brainer. With more states legalizing it, marijuana could be a real money maker for people. Right? Well, maybe. There are several things to consider before you jump into the pot pool with...
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Most businesses experienced major disruptions with the onset of the COVID-19. Foot traffic all but dropped off and sales declined. However, cannabis businesses experienced a massive increase in sales during the pandemic, despite lockdowns in many regions of the United...
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It is no big secret that businesses in the cannabis industry have very few banking options. Traditional banks and credit unions distance themselves from cannabis businesses to avoid getting flagged by federal laws and credit card regulations. There are many...
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The COVID-19 pandemic forced businesses across all industries to navigate uncharted waters to maintain sales. Grocery stores and restaurants have completely reconfigured how they conduct business to minimize infection risks to their employees and customers. Since COVID-19 is so easily...
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The cannabis industry is experiencing tremendous growth, generating over $13 billion in revenues in 2019. That’s almost a 32% increase from the previous year. However, despite tremendous revenue gains and a rise in legislation for wider legalization, traditional lending channels...
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