Categories: aggregated

The #1 Reason Marijuana Companies Fail Is… A. High Taxes B. 280E Rules C. Nonpayment D. No Banking

Just how big is the problem? Delinquent payments in the regulated U.S. cannabis industry are projected to exceed $4 billion in 2024, according to Whitney Economics, an Oregon-based cannabis data and research firm. Gelfand discussed how plant-touching companies can adopt best practices for managing accounts receivable and breaking the cycle of debt in a recent interview, where he answered the following questions.

Jason

Share
Published by
Jason

Recent Posts

Former New York Knick Iman Shumpert debuts legal cannabis brand with Glenmere Farms

The NBA champion and New York Knick will premier his new flower brand at Torches…

2 days ago

How New York pot pioneers made it to legal dispensary shelves

By: LMC Legacy to licensed is the motto for authentic New York brands entering the…

2 days ago

Vladimir Bautista is leading Happy Munkey’s legacy-to-legal takeover

Vlad Bautista began his cannabis empire in Harlem's Sugar Hill. Nearly 30 years later, his…

2 days ago

Scientists Now Think That One Compound in the Cannabis Plant Can Replace All Opiates

Cannabis terpenes are the compounds responsible for the aromatic profile of each strain; they are…

2 days ago

Cannabis and the Authoritarian State – Why Legalizing Cannabis Is Not on the Horizon

Authoritarians cannot let go of the value that keeping the most widely used illicit substance…

3 days ago