Every month that you hold on to nonpaying debt from cannabis customers, the probability of collection is significantly reduced.
Kate Lavin
Kate Lavin's Latest Posts
Opinion: The top 5 cannabis compliance mistakes and how to avoid them
As more U.S. cannabis markets come online, keeping track of compliance requirements will only become more complex.
Cannabis company implements business model based on boutique wineries
Jim Roberts, owner of The Bohemian Chemist in the Emerald Triangle, applied lessons from the alcohol industry to his cannabis business.
Marijuana MSO Acreage Holdings promotes chief operating officer to CEO
New York-based cannabis multistate operator Acreage Holdings announced Friday that Dennis Curran, the company’s chief operating officer since March 2022, will assume the role of CEO starting July 1.
Opinion: Why aren’t your cannabis customers paying you?
If you are extending credit, you must have a process in place to manage cash flow to meet your company’s operating needs.
Opinion: What Main Street operators need to know about rescheduling or descheduling marijuana
Rescheduling cannabis from Schedule 1 to Schedule 2 would be the worst-case scenario for Main Street marijuana businesses.
Opinion: Who will be responsible for cannabis if the FDA breaks up?
When it comes to reorganizing the FDA, cannabis is like an unwanted child in a divorce. No one wants the responsibility of regulating it.
Florida AG argues rec marijuana ballot measure violates state constitution
Florida Attorney General Ashley Moody filed a petition with the Supreme Court of Florida this week, arguing that the Adult Personal Use of Marijuana ballot initiative is unconstitutional.
Rhode Island gov appoints members to Cannabis Control Commission
Rhode Island Gov. Dan McKee on Wednesday announced three appointments to the Cannabis Control Commission, which will oversee regulation, licensing and control of the state’s medical marijuana and adult-use markets.
Opinion: Residency requirements for marijuana licenses at odds with US Constitution
State residency requirements for marijuana businesses might be in conflict with the implicit dormant commerce clause of the U.S. Constitution.
Opinion: What is a labor peace agreement, and is it good for the cannabis industry?
Cannabis companies operate in a highly competitive and rapidly changing environment, and labor disputes can have a significant impact on business operations, leading to lost revenue, reputational damage and even regulatory sanctions.
Opinion: Cannabis businesses can’t afford to skip HVAC preventive maintenance
A lack of comprehensive HVAC planning and less-than-regular maintenance can cause myriad problems within complex heating and cooling systems.
