An Alternative to PPP for Cannabis
The CARES Act, an acronym for the Coronavirus Aid, Relief, and Economic Security Act, implemented the Paycheck Protection Program (PPP). But is there an alternative to PPP that applies to the cannabis industry? Yes! The Small Business Administration (SBA) funded and administered the PPP. This was meant to offer potentially forgivable loans to businesses impacted […]
New York’s Off-Duty Conduct Law: A Win for the Cannabis Industry
The taboo surrounding cannabis consumption has kept some people from participating. But a new law in New York (New York’s off-duty conduct law) is set to open an untapped portion of the market to cannabusiness operators. The New York off-duty conduct law is a win for the cannabis industry. New York marijuana legalization was a […]
What Is a Cannabis Brand’s Financial Liability for Customer’s Losses?
For every business, there is a liability. It should come as no surprise that the number of liability claims against the cannabis industry are on the rise. After all, the industry is growing and any business industry is a target for liability claims. The more business there is, the more financial liability claims there will […]
Keeping Cash Flow for Cannabis Businesses
There’s a lot of material out there exploring why nine out of ten business and startups fail, and plenty case studies done on the businesses that made it. One theory is that entrepreneurs of successful businesses “failed fast.” They got all their mistakes out of the way in the beginning. Maybe that’ll work for a […]