Compliance is a top challenge in the cannabis industry for a reason. Seemingly unattainable due to ever-changing laws and regulations, compliance with a bevy of rules requires expertise and resources some businesses may not possess. Regardless of the legislative complexities and the struggle to stay up to date, your business...

Our CEO Jim Valenzuela joined an expert panel of industry professionals from the International Cannabis Bar Association, Cannabis Marketing Association, and FLOWER Co. in June '21 to discuss everything you need to know to turn your business dream into a reality. You’ve done your research, you’re ready to build your business...

With an employee turnover rate of 40 to 60 percent (in the first two months of employment), it’s no surprise that employee retention continues to be a significant challenge in the cannabis industry. Because of this, it's important to make sure you onboard and train your new team members efficiently...

As the cannabis industry continues to grow and eager cannabis entrepreneurs apply for licenses, it's essential that applicants show a willingness and desire to start and grow a compliant and responsible cannabis business. Many states now require a robust business plan that includes a detailed staffing plan, a reliable banking...

Our CEO Jim Valenzuela joined industry experts and fellow MITA members Copperstate Farms, Hempstaff, Global Go, Vangst, and Open Dor Dispensaries in March '21 to discuss what you need to know as a cannabis business owner to hit the ground running. This webinar was a part of a series in...

IRS Tax Code Section 280E is one of the biggest challenges for the cannabis industry, causing an increased tax burden for cultivation facilities, medical marijuana manufacturers, dispensaries, and retail stores. Even cannabis-related businesses that do not directly interact with the product are often subject to Section 280E. With so much...

While many states have legalized cannabis for medical and/or recreational use, it’s still considered illegal at the federal level. Due to this, cannabis-related business owners continue to be challenged with operating their businesses. Securing banking relationships to support business practices like payroll and benefits and complying with IRS Tax Code...

On Nov 3, 2020, Arizona became the 13th state to legalize recreational marijuana for adults 21 and older when Arizona voters passed Prop 207 by 60% to 40%. The new law is known as the Smart and Safe Arizona Act (SSAA). How well do you know Prop 207 and the changes...

With the passage of Arizona’s Proposition 207 (the Smart and Safe Arizona Act), recreational use and possession of marijuana have been legalized for people 21 and over. Prop 207 is certainly a victory for the cannabis industry, but beyond legalization, there are also major benefits for Arizona’s economy and the...

There are many human resources areas and activities to fulfill at your cannabis business. How confident are you that your HR department is performing as well as it should? Whether you have an internal HR team or work with an HR provider, you can measure how well they're supporting your employees...