Why Security Needs To Be A Priority For Cannabis Business Owners
Friday, May 11, 2018
by Michael Hackmer
The legal cannabis industry is poised to take off in the United States. Sales are projected to reach $8 Billion in 2018, and opportunities abound for investors and entrepreneurs. Unfortunately, the same dramatic growth that makes this industry so attractive to legitimate businessmen also makes it attractive to criminals. Along with the growth of the
- Published in Artemis, Cannabis Industry, Headline Story 1, Operations
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Going Cashless: Payments Options For Dispensaries
Wednesday, April 11, 2018
by Michael Hackmer
Operating a Cannabis dispensary means you are operating a business in a very juvenile market. It means you will be paving the way (still) and experiencing all of the growing pains of a new and emerging market. It also means you get to be the ones to suffer through and fight for some things that
- Published in Bankcard Brokers, Banking and Credit, Cannabis Industry
Prince Edward Island Liquor Control Commission Announces Two Cannabis Retail Outlet Locations
Wednesday, February 28, 2018
by The CBT Editorial Team
The Prince Edward Island Liquor Control Commission has announced new details regarding the province’s model for cannabis sales. The province will have four dedicated, government-owned retail locations in 2018, as well as an e-commerce platform with direct-to-home delivery. Retail sites will be located in Charlottetown, Summerside, Montague and West Prince. The four locations were chosen
- Published in Canada, Cannabis Industry, Dispensaries
Western Regional Cannabis Business Alliance Launches to Advocate on behalf of Legal Cannabis State Marketplaces
Tuesday, January 16, 2018
by The CBT Editorial Team
WESTERN REGIONAL CANNABIS Business Alliance FOR IMMEDIATE RELEASE January 16, 2018 Contact: Aaron Pickus, WRCBA, media@wrcba.org Cary Carrigan, Executive Director, Alaska Marijuana Industry Association Western Regional Cannabis Business Alliance Launches to Advocate on behalf of Legal Cannabis State Marketplaces American Trade Association for Cannabis and Hemp, Alaska, Hawaii, Montana, Oregon, Washington and Arizona form
- Published in Alaska, Business (General), Cannabis Industry
European Cardiology Study: Marijuana Use May Increase The Risk For Hypertension Mortality
Tuesday, August 22, 2017
by Michael Hackmer
According to a report issued in the European Journal of Preventive Cardiology, a preliminary study indicates that marijuana use may increase the risk for hypertension mortality. Here is what you need to know: The authors of the study indicate that reports and data about how cannabis impacts the heart, blood pressure, and overall mortality are
- Published in Cannabis Industry, General News, Health
Hidden Costs of Cannabis Inventory
Friday, August 04, 2017
by Michael Hackmer
Inventory is one of, if not the most important elements of a cannabis business venture. Keeping track of that inventory is crucial for survival from a compliance aspect as well as financial. Small business owners walk a fine line between success and failure in their first 5 or so years of business. As a cannabis
- Published in Cannabis Industry, Operations
Cannabis Credit Card Processing Fraud: Beware of the Honey Trap
Thursday, August 03, 2017
by Michael Hackmer
Being able to open a merchant account to accept credit cards at your local bank sounds good to cannabis sellers who are wary (and weary) of doing business on a cash-only basis. It’s hard to keep cash safe and it’s hard to track or monitor; and having too much cash on hand presents an ongoing
- Published in Banking and Credit, Cannabis Industry
Cannabis Equipment Financing – Taking Your Business to New Heights!
Monday, April 17, 2017
by Michael Hackmer
These are very exciting times! The Cannabis Industry is growing by leaps and bounds. There are constant new developments and ever changing regulations, it seems the industry is changing almost daily. This years elections could find several more states passing legislation and creating a myriad of brand new markets for the cannabis industry. Whether you
- Published in Business (General), Cannabis Industry
FinCEN and Cannabis Businesses: Be Transparent, Be Accurate, Be Prepared
Monday, February 06, 2017
by Michael Hackmer
The legalization of medical or recreational marijuana sales, at state levels, certainly didn’t mean an end to the problems cannabis sellers have with the law. When medical and recreational marijuana dispensaries were allowed to open for business, it meant they needed to start paying attention to the regulatory environment, particularly the need to pay heed
- Published in Banking and Credit, Cannabis Industry