Fighting Back Against RICO

Cannabis companies can take proactive steps to head off racketeering lawsuits   The number of federal civil racketeering lawsuits filed against marijuana businesses is on the rise, forcing companies named in a lawsuit to spend tens of thousands of dollars trying to fight the claims. … [Continue]

How to Avoid the Sweet Leaf Trap

Technology and compliance training are needed to adhere to customer purchase limits and avoid ‘looping’ practice   At its height, Sweet Leaf was one of Colorado’s largest vertically integrated cannabis businesses and considered a pioneer in the marijuana retail chain concept. Now, the company is … [Continue]

Choosing a Business Structure

Picking the right legal structure for your company can minimize tax liability and protect assets    Partnership? S Corporation? LLC? Of the countless choices you will make as you expand your cannabis business, few decisions are more critical to your company’s financial future than the … [Continue]

Picking Up the Pieces

Cannabis business owners outline steps to get back on track and safeguard facilities when natural disaster strikes   Any business is vulnerable to a natural disaster, be it a flood, hurricane, earthquake or wildfire. But in the cannabis industry, where business and property insurance can … [Continue]

Live from MJBizContINTL

Conference speakers offer their best advice about overseas markets, public safety and having an exit plan – all delivered via cyberspace As the top minds in the global cannabis business gathered in Toronto in August for Marijuana Business Daily’s inaugural international conference, our staff was … [Continue]

Family Affair

Reducing conflicts in a family MJ business can involve exercise, deep breathing or hiring a counselor to work through issues   Family members can make the most trustworthy business partners in a marijuana business. Well-regarded family cannabis enterprises abound, including Etain Health, a family-run, women-owned … [Continue]

‘Tis the Season for Limited-Release Products

Seasonal, themed or specialty infused offerings can complement a product line without compromising it   It wouldn’t be fall without pumpkin spice, winter without peppermint, spring without strawberries or summer without lemonade. Cannabis-infused product manufacturers know this, and they’re capitalizing on popular demand among consumers … [Continue]

THC versus CBD

Ten survival tips for THC-focused companies aiming to survive the CBD product boom   Two new rivals have surfaced in the cannabis industry: THC and CBD. Executives at some THC-focused cannabis companies are growing concerned they will lose profits and market share to CBD-only businesses … [Continue]

Cashing Out

Five steps that founders of marijuana businesses can take to make their companies more attractive to potential suitors   As merger and acquisition activity accelerates across the cannabis industry, many companies are discovering that they don’t need a for-sale sign in the window to be … [Continue]

Setting the right price on infused products and accessories

You can be competitive on wholesale prices for infused products and accessories such as vaporizers without fighting a price war. The key: finding the sweet spot so your products are competitive with those of your rivals – without deep-sixing the bottom line. Lowering wholesale prices … [Continue]