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

88% of Americans Support Legal Weed: The Poll Numbers Destroying Cannabis Stigma

New aggregated polls reveal that 55% of respondents believe marijuana is not dangerous, and a…

17 hours ago

How to Maximize Cannabis Yield: 5 Croptober Myths & Proven Tactics

Every Croptober, growers waste time on folklore instead of physics. We break down the science…

2 days ago

Cannabis voter guide to the 2026 midterm elections

Leafly's 2026 cannabis voter guide for the midterms is the only plan you need to…

4 days ago

Harvest road trip 2026: Emerald Triangle genetics to watch

Come along on an Emerald Triangle road trip with Lindsay MaHarry to see some of…

5 days ago

The DEA Approved an Ayahuasca Church—Can You Start a Cannabis Religion?

This month an Iowa church got what every sacramental-plant congregation dreams about: a path to…

5 days ago

The 5 Celebrities Who Could Force Washington to Legalize Cannabis Overnight

The cannabis industry does not need another study, another tax revenue report, or another state-level…

7 days ago