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Monthly Archives: May 2022

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What The 2022 Cannabis Industry Jobs Report Means for Business Owners

CannabisBy MI Tax CPAMay 26, 2022

Everything cannabis business owners need to know about the Leafly 2022 Cannabis Industry Jobs Report. The Leafly 2022 Cannabis Industry Jobs Report was recently released and business is booming. With over 428,000 jobs, the cannabis industry is one of the largest job creators in the United States. This is the sixth annual cannabis industry jobs…

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Cannabis Consumption Lounges: Economic Impacts and Tax Revenue

CannabisBy MI Tax CPAMay 25, 2022

Cannabis consumption lounges are about to become big business in the U.S. The boom of business created by consumption lounges is going to have a myriad of positive economic impacts. It’s also going to present new tax scenarios for cannabis business owners who may be new to the hospitality industry. What is a Cannabis Consumption…

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Cash Flow Management Tips For Cannabis Business Owners

CannabisBy MI Tax CPAMay 23, 2022

Cash flow management is an integral part of any business. In fact, it’s one of the biggest contributing factors that determine the success or failure of a new business. Given the unique  banking restrictions of the cannabis industry, cannabis business owners are even more at risk than those in other industries. This makes managing the…

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