Financing the Cannabis Industry Part 1: A Q&A with AFC Gamma CEO & Partner Len Tannenbaum


Organization typically demand outdoors capital to finance running pursuits and to help scaling and development. Financing in the cannabis market is notoriously hard with regulatory obstacles at the nearby, point out and federal concentrations. Current marketplace dynamics pose supplemental challenges for each financiers and hashish operators. We sat down with Len Tannenbaum, CEO & Partner […]

As More Opportunity Arises in the Cannabis Industry, Potential Business Pitfalls Also Increase


Benjamin Franklin famously suggested fire-threatened Philadelphians in 1736 that “an ounce of avoidance is truly worth a pound of get rid of.” With sector growth and maturation arrives improved chances and difficulties. As the cannabis enterprise matures and spreads into new geographic locations, the field can consider benefit of more substantial markets nonetheless, it also […]

Cannabis Industry Sales Tax Utility Exemptions


A utility research can aid hashish growers, cultivators and processors detect options for gross sales and use tax personal savings by exposing prospective refunds. 30-five states now enable a profits tax exemption for utilities used in production or processing functions. 30-four states have printed advice that supplies for a formal utility examine course of action […]

Colorado Cannabis Industry Experiences First-Ever Decline


Ever considering that cannabis became recreationally authorized in Colorado, the marketplace has been on an upturn. Now, for the initially time at any time, the Colorado field is trending down.  This turned most obvious when wanting at tax earnings, but there are other indicators as properly. Dispensaries are closing down, and shipping services and social golf […]

Cannabis Industry Seen as a Target for Union Expansion


The hashish marketplace is observing a need for unions as far more staff are employed and more states legalize. There is an escalating simply call from staff for improved ailments, wages, and gains, and unions are getting fascinated.  Hashish is continually bringing in far more revenue for the U.S. economy. In 2020, the industry introduced […]

Why Marijuana Companies Are Laying Off Workers As Industry Grows


The legal hashish business is booming in North America. Equally Canada and lots of states in the US exactly where recreational marijuana is lawful have witnessed record breaking sales yr just after 12 months. As we have earlier claimed, industry experts predict marijuana revenue will reach an astonishing $33 billion in 2022. Thinking of these […]

New York Gives $5 Million to Community Colleges for Cannabis Industry Job Training


Community schools in New York are established to get tens of millions in funding “to guidance the development or enhancement of small-time period credential courses or class offerings that give pathways to employment in the cannabis sector,” the point out introduced on Monday. Four colleges that are a section of the Point out University of […]

The Surprising Role Millennials Play In The Cannabis Industry


By Joana Scopel Due to the fact 2012, millennials have been the pioneers of hashish recreational grownup use. This is exceptionally critical not only to modify society’s perception of marijuana but also to lead to the evolution of the hashish marketplace. At present, there are about 72 million millennials in the United States, which helps make the […]

Robot Job Apocalypse? 3 Ways Robots Can Help the Cannabis Industry


In each individual business, there is an underlying danger and stress that as AI developments, work opportunities will be at danger. This programming is deeply instilled in labor staff who have grown accustomed to profits protection to retain their charges or high-quality of lifetime. But what if we’re looking at robots all mistaken? Instead of […]

The CLIMB Act: How the Cannabis Industry Could Benefit


The hashish sector could obtain a sizeable boost if the not too long ago released Capital Lending and Expenditure for Cannabis Corporations (CLIMB) Act passes Congress. The bipartisan invoice was launched by Rep. Troy A. Carter, Sr., a Democrat from Louisiana, and Rep. Dude Reschenthaler, a Republican from Pennsylvania. It is meant to increase the […]