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Finance & accounting
US House passes marijuana research bill Senate expected to follow suit: The U.S. House of Representatives passed a revised bipartisan bill that would make it easier for researchers to study marijuana. The marijuana research bill passed Tuesday by a resounding vote of 325-95. See the full story here. #legalization#cannabisbusiness#cannabisfunding#cannabisfinancing#cannabislegalization
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The majority of cannabis business owners stress out about costs every day overhead ratio. This makes it challenging to invest additional money in the company to grow it. How much overhead is too much? That is a ruse of a question. Focus on overhead as a ratio, as a percentage of sales, rather than as […]
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The top 3 things to consider when investing in cannabis ETFs: Cannabis stocks have been climbing since the November 2020 election in the United States, when more states approved legalizing recreational cannabis. That vote and the optimism that the federal government will finally relax restrictions on cannabis and make it lawful for recreational use nationwide […]
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In a recent blog post, we talked about the MORE Act passing the House of Representatives and moving on to the Senate. And while we remain hopeful that the Senate will see the merits of the Act and deem it necessary for the cannabis industry. We are also apprehensive about its chances since cannabis legislation […]
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As marijuana becomes more mainstream and public sentiment tends towards the positive regarding both recreational and medical use of the drug, more and more entrepreneurs are setting up the cannabis dispensary business. This trend has also been accelerated by the wave of legalization engulfing the United States. New York, Virginia, and New Mexico are just […]
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Do you need accounting services for your cannabis business? We have a solution! We have partnered with an accounting services premier accounting firm offering simplified, streamlined solutions for this complex emerging industry. CFO Services: The expert finance support you need when you need it Bi-weekly meetings with your virtual CFO The fully outsourced accounting […]
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Las Vegas (CNN Business) When members of the cannabis industry descended upon Las Vegas last week for the biggest trade show in the business, something was stirring in the air. It wasn’t the aroma of a freshly lit joint. But instead, everything seems to be coming up roses for the businesses. Despite a global pandemic, […]
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THE SAFE BANKING ACT AND THE 117TH CONGRESS During the 116th Congress, the SAFE Banking Act (Secure and Fair Enforcement-H.R. 1595/S. 1200) became the first cannabis-related bill passed by a chamber of Congress. In September of 2019, SAFE came to the House Floor and passed by a significant margin of 321-103. The SAFE Banking Act would allow banks and […]
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Growth through innovation. Rather than be constrained by ideas for new products, services and new markets coming from just a few people, a Thinking Corporation can tap into the employees.
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Many businesses, large and small, have a huge source of great ideas that can help them improve, innovate, and grow, and yet so many of these companies never think of using this amazing corporate asset. What is this highly valuable asset? Its own people.
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