Cannabis Knowledge & Insights

Top Five Reasons Cannabis Businesses Fail

The cannabis industry is complex, competitive and provides a rude awakening for operators rushing in to make a quick buck. As cannabis accounting and business professionals, we’ve seen it all. In this video, we provide our list of the top reasons we see cannabis businesses fail, and provide our insight on how to avoid them.

Topics discussed include:

  • Running out of money
  • Failing tax and regulatory compliance
  • Not adjusting to market demands
  • Failing to market correctly
  • And more!
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