You’ve opened your own cannabis operation and business is picking up. You’re moving product and changing history while engaging in the global conversation about all that cannabis has to offer. Well done! As cannabusinesses are continually faced with unique obstacles not experienced in traditional, long-standing markets, your work is just getting started. As a newly
The widespread legalization of cannabis across the U.S. means cannabis companies are establishing themselves and growing. With some businesses in the industry struggling to turn a profit, what are growing cannabusinesses doing to achieve their successes? As the cannabis supply chain and businesses that operate within it become more and more complex, as do their
For financial professionals, independent external audits of GAAP financial statements are an inescapable reality. For public companies, it’s a statutory requirement under SEC regulations and for many fast-growing private companies, it’s a necessity to meet the demands of lenders, VCs, and other stakeholders. Ultimately, every audit boils down to the risk of a material misstatement
The regulations governing the cannabis industry today continue in their constant state of change to which we’ve all grown accustomed. Nevertheless, companies operating in this space must remain up-to-date with the evolving guidelines which dictate their business processes and often vary from state to state. Cannabusiness owners are certainly no stranger to the term compliance,
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