8 Ways Cannabis Startups Differ from Traditional Startups (and the Vital Skills Accountants Need to Help Them Flourish)

Cannabis startups are much more complicated than traditional startups. They face a set of unique challenges that require accountants to be clear on state licensing rules and federal regulations regarding controlled substances, making Cannabis companies 10x more likely to fail than non-Cannabis.

We’re not talking about not being successful in business -- we mean getting audited and paying massive fines, criminal charges against CEOs for illegal market activity, loss of licensure, and running out of money due to poor financial planning and insights.

We promise there’s a way to help things run smoothly and set your clients up for long-term success. It just requires understanding the day-to-day challenges a Cannabis startup faces and dedicating yourself to learning the skills necessary to help your clients navigate those issues.

If you’re feeling overwhelmed with a new startup and have no idea where to even get started to figure out the ins and outs of Cannabis...
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