Day: January 3, 2023

Cannabis can be a costly industry to break into. Between costly licensing fees on local and state levels, burdensome taxes, shifting regulations, expenses for operations, marketing, and more, it’s not cheap. Tobacco, alcohol, pharmaceuticals giants are in the same boat, but over the years have all fought federal regulations. With cannabis legalization on the horizon,…

Inflation has been top of mind for many small businesses this year as they grapple with increased costs across the board. According to the latest data from the Bureau of Labor Statistics, November prices were about 7% higher than the year before. Some costs, such as energy and food have seen even steeper increases.  One…