When in your lifetime have you witnessed the birth of an industry? As this industry transitions from illegality into a state-legal/federally illegal business, it faces business challenges like no other. Between difficulties in obtaining basic banking services, being taxed on gross margin rather than net income, and complex state and local regulatory environments, business owners and entrepreneurs face enormous hurdles.
In this C-Suite Snacks webinar session we learned more about the business challenges in the cannabis industry.
Key takeaways included:
Overview and business challenges faces
Taxation of the industry
Cash flow and fraud risks
Watch the webinar replay here:
View the presentation here:
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