Running a Business

Growth Strategies

'Often, People Get Caught Up in the Noise of the Industry': Sara Gullickson, CEO of Item 9 Labs

Sticking to a business plan is especially important in the cannabis space.
Contracts and Negotiations

How Enforcable Is Your Non-Compete Clause?

Cannabis companies are served well by non-compete clauses -- as long as they stay focused and don't over-reach.
Cannabis

5 Ways Your Company Can Fight Counterfeiting in the Cannabis Industry

Counterfeiters can capitalize on your work and position themselves as parasites on your reputation.
Cannabis

4 Reasons It's Critical for Cannabis Businesses to Invest in Community Relations

To stand out in a crowded marketplace, cannabis businesses need to have their own stories to tell. Investing in community relations can help.
Running a Business

How to Avoid Becoming Another California Cannabis Casualty

The cannabis industry is like paying for a wedding. When you put "cannabis" in the name, everything costs more.
Tax Deductions

SCOTUS Declines to Hear Challenge to Anti-Cannabis Tax Provision

Section 280E was written with to preclude drug dealers from taking business deductions but has used mostly against the legal marijuana industry.
operating costs

Cannabis Waste Is 'Special Regulated Waste' and That's a Costly Problem for the Industry

In yet another crazy manifestation of the cannabis stigma, any waste containing THC needs special handling that drives up costs.
Packaging

Cannabis Companies Are Innovating to Reduce Packaging Waste and Still Comply With Child Safety Regulations

Many in the industry and their customers, too, are appalled by how much packaging waste results from tough safety regulations.
Canna-Careers

It's Time to Recognize Cannabis Is a Valid Business Career

Parents, universities and society as a whole need to acknowledge the cannabis business is a legitimate career path.
Financial Services

The Budding U.S. Cannabis Industry Needs Normal Access to Business Banking and Insurance

Systemic barriers to basic banking and insurance services are muffling the cannabis boom much more than is generally realized.
Compliance

Compliance Is Cost Effective: 3 Common Ways Cannabis Operators Get in Trouble

Full compliance is cheaper than fighting with regulators and much better for your brand.
Marketing

Gary Vee Has Some Important Advice for Cannabis Entrepreneurs

The marketing guru says your brand is your protector, content is king, and slow and steady wins the race.
risk management

How Risk Management Can Make Marijuana Businesses Bulletproof (or at Least Bullet Resistant)

Many ordinary risk management tools are unavailable to cannabis entrepreneurs because of federal prohibition.
Legal Marijuana

Licensing Snafu Could Cost California Cannabis Growers Thousands in Lost Revenue, Possible Shutdowns

California is the world's largest legal marijuana market but nobody is claiming it is the best regulated.