Month: November 2022

Making profits is the ultimate goal of all business owners, and cannabis businesses are no exception. With revenues estimated to reach a whopping $51 billion by 2025, the cannabis industry presents entrepreneurs with incredible opportunities to make huge fortunes. While other industries struggle due to the ongoing global economic crisis, marijuana businesses show no signs … Read more

A hemp business loan is a type of loan that’s specifically designed for cannabis-related businesses. Because marijuana is federally illegal in the United States (and most other countries), traditional banks have hesitated to offer loans to cannabis-related businesses. Even hemp businesses that operate legally under state laws can have trouble finding financing. This has led … Read more

Cannabis real estate loans are just like any other real estate-backed loan. The property is used as collateral for the loan, and the borrower is responsible for making monthly payments until the loan is paid off. The key difference between a cannabis real estate loan and a traditional mortgage or home equity line of credit … Read more

Starting a business in the cannabis industry may be exciting, but it’s far from simple. Despite the immense rewards you could reap, starting a new business from scratch is time-consuming and expensive. Not to mention the numerous licensing and legal requirements associated with such a highly-regulated industry.  While this may sound discouraging, you do have another … Read more

A weed lounge, also known as a cannabis club, is an establishment where adults can consume cannabis. Consumption lounges are trending worldwide and are a great way to safely enjoy marijuana in a social setting. They offer many benefits that traditional dispensaries do not. Adding a weed lounge to your portfolio could be just the … Read more

While starting a marijuana edibles company isn’t cheap, it’s often both cheaper than opening a dispensary and less complicated than joining the industry as a grower.  Here’s our guide on how to start an edibles business in California.  Check Your Local Ordinances Although Proposition 64 legalized cannabis in California, you cannot get a local permit … Read more

The marijuana industry is growing at an unprecedented rate. It’s estimated to be worth $45 billion annually by 2025. That’s a lot of cannabis money, which means there are plenty of opportunities for entrepreneurs who want to get in on the action. Before you can start cashing in on this green gold rush, you’ll need to … Read more

If you’ve been thinking about getting into the CBD oil space, why not become a CBD oil distributor? According to a recent report from Brightfield Group, the U.S. hemp-derived CBD market should reach $5 billion in retail sales by the end of 2022 and could jump to $11 billion by the end of 2027. As … Read more