Legal cannabis businesses require a significant investment. Their initial investment is high, and the cannabis crop necessitates highly sophisticated equipment that is both costly to acquire and maintain. With this in mind, cannabis companies, producers, and other stakeholders in the cannabis industry recognize the importance of remaining fully operational at all times to protect and […]

Legal cannabis cultivation for medical and recreational purposes is a risky business. It entails employing advanced technology and specially designed systems to ensure a bountiful harvest, which directly affects your company’s income and revenue. The production equipment and crop management practices all contribute to the high initial costs you should expect to incur if you […]

The cannabis industry is a world that continues to grow and expand for the better. For instance, due to demanding aspects of the Federal Law, it was in the sights of government agencies, including the Drug Enforcement Administration, due to it not being in line with federal regulations. Now, as more states embrace cannabis business […]

Businesses must account for legal fees, have business insurance, and consider general liability insurance coverage. At the same time, it might be even more critical in the cannabis industry for many reasons. In the cannabis industry, business owners may have outdoor or indoor cannabis growing operations. Both cannabis growing methods have their advantages and disadvantages. […]