New Mexico’s Historic Opening Weekend of Cannabis Sales | New Mexico Cannabis News

New Mexico’s Historic Opening Weekend of Cannabis Sales | New Mexico Cannabis News   Cannabis sales in New Mexico reached $4.5 million during the opening weekend of legal sales, making it a historic moment for the state. This is a huge success for New Mexico, which has been working towards cannabis legalization for many years. […]

Verbal Offers Aren’t Worth the Paper They’re Written On

Verbal Offers Aren’t Worth the Paper They’re Written On When it comes to cannabis businesses, verbal offers are not worth the paper they are written on. This is because cannabis businesses should always follow up verbal offers with a written email in order to avoid having deals ruined by people that will say anything. Additionally, […]

Increase In Cannabis Net Sales For Cresco Labs in 2021

Cresco Labs Inc. announced its financial results for the three and twelve months ended December 31, 2021. The company reported strong revenue growth with total cannabis net sales reaching $118.9 million for the year, up from $33.8 million in 2020. This represented a 281% increase in cannabis net sales. Adjusted EBITDA was negative $3.5 million […]

What To Do If You’re Struggling With Your Cannabis Business

Cannabis businesses can be difficult to manage, especially if you’re not used to doing the math. If you’re struggling to keep your business afloat, don’t worry – we can help. In this article, we’ll go over some of the key things you need to know in order to figure out if your cannabis business is […]

The Pros and Cons of Legalizing Medical Cannabis in Kentucky

The Pros and Cons of Legalizing Medical Cannabis in Kentucky Medical cannabis has been a topic of debate for many years. There are pros and cons to legalizing it, and each state has its own laws in regards to the matter. Kentucky is one of the 38 states that have legalized medical cannabis. However, there […]

The Contracts You Need to Start a Cannabis Business

Non circumvention non disclosure agreement

Non circumvention non disclosure agreement The NCDNDA is a non-circumvention, non-disclosure agreement used by intermediaries in international business deals. It’s a written agreement that protects the rights of irregular intermediaries in international commercial transactions. The NCND prohibits circumvention of commission or fee arrangements and maintains confidentiality of information. What is an NCNDA, and why should […]

Business of Cannabis | Jay Rosenthal | How do you cannabiz?

Jay Rosenthal

Business of Cannabis | Jay Rosenthal | How do you cannabiz? The cannabis industry is growing rapidly, with market value projected to reach $30 billion by 2025. Despite federal prohibition, 33 states and Washington D.C. have legalized medical marijuana, and 11 states and Washington D.C. have legalized adult-use cannabis programs. Businesses in the cannabis industry […]

Is Oklahoma’s medical marijuana market too easy to enter?

oklahoma medical marijuana market

The Fast Growth of Oklahoma Medical Cannabis | Oklahoma cannabis news | Number of Licenses in OK Oklahoma’s easy entry into the medical marijuana market has resulted in a saturated market. Adult-use cannabis is now being legalized, but due to the low barriers to entry in Oklahoma’s medical marijuana market, many of the businesses currently […]

A HUGE Majority of Americans Support Cannabis Banking

SAFE BAnking Act

A HUGE Majority of Americans Support Cannabis Banking A strong majority of Americans support freeing up banks to work with marijuana businesses without facing federal penalties, according to a new poll released by the American Bankers Association (ABA) in March of 2022. The ABA’s survey found that 89% of consumers find overdraft protection valuable, and […]

Cannabis Insurance | What insurance does your cannabis business need?

cannabis insurance

Cannabis Insurance Overview As cannabis legalization continues to spread, more and more companies are entering the cannabis industry. This is a great opportunity for many companies, but it also comes with its own set of risks. That’s where cannabis insurance comes in. Cannabis insurance is a developing non-standard risk that has largely been embraced by […]