Member Blog: Should Business Decisions Be Based on Data or Intuition? 
by Jonathan Monk, Managing Director at Most Consulting Group The business world is a complicated place. At any given time, your company’s performance is influenced by various factors in both local and national economies. The business world’s inherent volatility is further exasperated in the cannabis industry – where opportunity... Read more
Tune in LIVE on Facebook every Friday afternoon, or catch our now-weekly NCIA Today video updates to hear what’s new in cannabis policy reform and here at NCIA. This week, we’re catching up on all the action that went down last month, including Senate confirmation hearings and how... Read more
Committee Blog: Property Insurance – The Good, the Bad, and the Ugly. 
by NCIA’s Risk Management & Insurance Committee How a Hardening Market is Limiting Coverage and How to Be Prepared.  2020 was one heck of a year. The insurance industry has experienced more claims this year than in the history of insurance with over a billion dollars in intentional property... Read more
Member Blog: Reducing Labor and Trichome Degradation with Drying and Curing Solutions
by Michael Williamson, Director of Cultivation at Pipp Horticulture Cannabis production strategies may differ from one facility to another, but most facilities share a common goal: to produce the highest quality product at the lowest cost. One area of the cultivation cycle that is often overlooked but has great... Read more
Member Blog: Cannabis Partnerships – The Importance of Building a Successful Business
By John Shearman, VP of Marketing, Cannabis, Applied DNA Sciences The grass roots of the cannabis industry fostered, often through necessity, a strong sense of community and encouraged innovation and sharing of techniques and methods to cultivate the various strains of cannabis. Learning from what has come before and... Read more
Protected: Committee Insights | 2.23.21 | Future Proofing Your Business – Vaping Product Regulation Preparedness
Committee Insights | 2.23.21 | Future Proofing Your Business – Vaping Product Regulation Preparedness | Education NCIA is leading the cannabis industry’s unified and coordinated campaign to ensure our business sector is treated fairly and has the opportunity to reach its full potential. Now – more than ever –... Read more
Momentum Across The Nation – New Mexico, Virginia, and the District of Columbia
By Madeline Grant, NCIA’s Government Relations Manager We may be barely three months into 2021, but we’ve seen a lot of action in state legislatures already! This week, let’s take a look at three significant state victories in their respective state legislatures: Virginia, New Mexico, and the District of... Read more
By NCIA’s Marketing and Advertising Committee When the legal cannabis industry began making waves in the late ’90s, there was still a major stigma against cannabis users. Although the federal status of the plant has yet to change, a Pew Research survey shows that around nine-in-ten Americans favor legalization... Read more
Member Blog: The Most Common Gotchas When Calculating Dispensary Sales Tax in California
by Daria Nagal, CPA, EA, at Red Eye CPA California dispensary sales tax seems easy. After all, what can be difficult about sales tax? However, the cannabis sales tax formula is extremely confusing and contradictory. Cannabis accountants argue with cannabis attorneys about interpreting the CDTFA and California Code of... Read more
Member Blog: How To Know When To Expand
by Ryan Douglas, founder of Ryan Douglas Cultivation In thriving cannabis markets, demand exceeds supply. For successful cultivation businesses, expansion is the logical next step — either through organic growth or the acquisition of operational cultivation assets. Before moving forward with an expansion project, entrepreneurs should carefully determine when... Read more
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