Categories: aggregated

Dankrupt – Why are So Many Cannabis Businesses Losing Money Hand over Fist?

Well, the hard truth is that while cannabis businesses surely can bring in the dough, it won’t be easy. Cannabis products are notoriously expensive to do, as well as maintain, no matter what part of the process you’re in: growing, processing, producing, or selling products. It will easily require hundreds of thousands of dollars, to as much as millions of dollars just to pay for the initial licenses, equipment, security, compliance fees, and property to name a few.

Jason

Share
Published by
Jason

Recent Posts

More Cannabis Purchases or Larger Sized Weed Orders, Which is Better in the Marijuana Industry?

Quantity vs. Frequency - One of the most significant distinctions between medical and recreational cannabis…

3 days ago

Grand Openings: New weed shops of America for November 2024

At least 10 states and Amsterdam have new stores for you. The post Grand Openings:…

4 days ago

Women Aged 19 to 30 Now Smoke More Weed Than Their Male Counterparts in Sesmic Consumer Shift

According to fresh data from the US National Institute on Drug Abuse, young women have…

4 days ago

True or False – Dispensaries Share Your Purchase and Medical Information with the State Government?

Many states have enacted strict privacy laws that prevent dispensaries from sharing customer data without…

4 days ago