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You pay an extra 10% when you pay your taxes in cash

April 20th, 2021|

Many cannabis operators still run primarily cash businesses, which creates a challenge when it comes to everyday things like paying employees, purchasing inventory or buying new equipment. It’s a big problem in [...]

Three Must-haves for 4/20

March 22nd, 2021|

In the cannabis and hemp industry there are only a few tried and true truths: First, cannabis is medicine. Second, legalization needs to happen. And third, April 20 is THE cannabis holiday. [...]

State Tax Agencies Reference List

February 13th, 2021|

State Tax Agencies Reference Guide State Department Name Department Link  Alaska Department of Revenue Tax Division Website Alaska Department of Revenue Department of Revenue Alabama Department of Revenue Department of Revenue Arkansas Department of [...]

As it turns out, cash isn’t king

August 27th, 2020|

Surprising findings in an Abaca cannabis retail payments study Conventional wisdom holds that the cannabis industry is unbanked – that it’s nigh impossible to get a bank account and other traditional financial [...]

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