Cannabis Knowledge & Insights

The Collapse & Consolidation of the Cannabis Industry

2020 has been a wild ride for everyone, including the cannabis industry, and we are only four months into it!

You may be seeing headlines such as “Sales up 300%” or “Booming Business for Cannabis Operators”, but rarely do you hear anyone cover profitability or sustainability of the business…and that’s the kind of topics we want to chat about.

​​​​​​​In this episode, Derek and Jim talk about trends that we are seeing in the numbers of cannabis businesses, what these mean, and how we think this will play out over the next 6-8 months.

They cover:

  • Developing Cannabis Industry Trends & News
  • The Upcoming Collapse & Consolidation
  • Tips for Staying Ahead of the Wave

If you need help with your cannabis accounting or financial analysis, then please reach out to us today or call 800-674-9050.