Thursday, September 21, 2017

Finance

Finance
Companies serving the cannabis market need to establish good policies and procedures. Granting credit has not yet become standard in the cannabis market, but as discussed in my article “Trade Credit in Cannabis,” published in the May issue of mg,...
MassRoots, known for their marijuana friendly social media platform, has acquired CannaRegs Inc. for a $12 million. CannaRegs is known for supplying software that tracks changes in marijuana law and helps businesses stay in compliance. CannaRegs, formed by in 2014 by...
Products derived from hemp are increasing in popularity. As impressive as recreational marijuana sales have been, hemp products could also be on the verge of becoming a giant industry. Brightfield Group has released a new report predicting that hemp-derived cannabidiol (CBD)...
The credit application is important for cannabis businesses

The Credit Application

Granting credit has not yet become standard in the cannabis market, but as discussed in my article “Trade Credit in Cannabis,” published in the May issue of mg, I believe it will be in the future. Therefore, it is...
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...

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