Friday, July 21, 2017

Finance

Finance
The BoE board member and cannabis industry banking advocate is running for California State Treasurer in 2018. LOS ANGELES – A small but enthusiastic group of supporters gathered at the lush Hollywood Hills residence of Advanced Nutrient’s Michael “BigMike” Straumietis...
What you need to know to create a smart trade policy. We attended the MJBIZ show in Las Vegas last fall and were fortunate to speak with many companies that operate in virtually every aspect of the emerging cannabis market....
Arcview Group Chief Executive Officer Troy Dayton talks about the state of investing, what sectors are hot, and some of the best deals of the past year. Arcview Group’s 625 investor members have placed more than $102 million into 137 companies....
Legal cannabis is coming to America, and you can take that to the bank. Unfortunately, cannabis businesses still can't take their money to the bank. Which is a big problem that Senator Elizabeth Warren and nine of her Senate colleagues...
2016 was a monumental year for marijuana, as voters and regulators throughout the U.S., including those in Arkansas, North Dakota, Florida, California, Nevada, Maine, and Massachusetts, legalized medical or adult recreational marijuana use. Through comprehensive regulations, marijuana-tolerant states have allowed...
Plan, prepare and present in order to fund your marijuana business. One of the questions I get asked most frequently is “How do I borrow money to fund my marijuana business?” Whether you are seeking a loan or lease to...
As she eyes a run for California State Treasurer, BOE Chair Fiona Ma is bullish on cannabis and remains unwavering in her determination to fix the woeful state of nonexistent banking for the industry. If California Board of Equalization Chair...
The Internal Revenue Service is looking into cannabis companies in Colorado, sparking uncertainty and unease among cannabis businesses. The newest audits are focusing on Form 8300, which is the form used to report cash transactions of $10,000 or more....
Cost accounting in the cannabis industry can be really confusing. Why does it matter, you ask? Because the Internal Revenue Service disallows all trade or business deductions except cost of goods sold. Expenses such as rent, adverting, utilities, wages, etc....
Making the time to implement proven cannabis business solutions will only result in positive benefits for owners overworked and overwhelmed with the demands of a growing industry. Over the past twenty-five years, I’ve built and sold five companies, raised more...

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