Last year the cannabis industry made great strides in becoming a legitimate marketplace, and it happened at a progression few could predict. Medical and/or recreational marijuana was made legal in many U.S. states with Canada legalizing adult-use anywhere within its borders. This created a green rush which saw many cannabis startups come to market and flourish.
In response to market uncertainties, however, many new cannabis companies were unable to keep up with changing legislation or the flood of competition and had to close their doors. In 2019, there’s still considerable uncertainty of how cannabis operators are able to manage operations and stay abreast of industry trends, legislation, and available technologies?
Watch the brief video below to ensure you avoid the 5 mistakes that could put your cannabusiness out of business.
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Cannabis industry operators fight an uphill battle when it comes to staying compliant with all state and jurisdictional regulations. Existing regulations mandate constant attention to remain within the law and the rapidly evolving nature of the cannabis industry is such that the laws governing it can shift with incredible speed. As a result, cannabis manufacturers,
With a marked transition of companies moving away from locally installed accounting software to the software-as-a-service (SaaS) and cloud-based software options available, how do you know if the switch to the cloud is right for your accounting department? It’s one thing to understand how the cloud works, but there’s more to know about cloud-based software,