How to Keep Your Cannabis Business Going in Tough Times
Manage episode 330983269 series 3001923
We’re headed into uncertain economic times.
Between inflation, and the continuing war in Ukraine to another election where all these folks seem to do is yell at each other from the top of their lungs.
And while the cannabis industry has generally been mostly immune to rough economic times, and even grew during the pandemic in a lot of ways, it still creates complications in running your cannabis business.
One of these best strategies includes following general guidelines on how others have handled their own turnarounds -- but remember each situation can vary so look at what works best with yours before trying anything else!
Because there are no set playbooks to follow when it comes to your cannabis business weathering the storm, in this week's episode Chip gives five pieces of advice that will help keep your cannabis business afloat.
Plus, we'll have our "News of The Day" segment.
Want to learn more about anything discussed in this week's episode? Send an e-mail to chip@thegreenleafcpa.com and let's discuss!
What to listen to next:
Episode 22 - How Being Like The Swiss Can Make Your Cannabis Business More Valuable
Episode 25 - Why Cash Flow is So Important For Your Cannabis Business and How to Get It
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Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.
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