cultivate101
Navigating Maine's Retirement Evolution: A Guide for Cannabis-Focused Businesses
In January 2024, Maine is changing the retirement game for businesses with five or more employees that currently don't offer a retirement...
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cultivate101
- Sep 2
- 3 min
Not Enough Canna CPAs
On the heels of the AICPA’s 2023 Agriculture and Cannabis conference, little improvement has been made in the cannabis industry in terms...
cultivate101
- Dec 21, 2022
- 4 min
The Hidden Downfall of Skipping Yearend Inventory Counts
“I think our inventory is pretty spot on.” These are the famous last words we hear from every client we have ever brought on. It’s...
cultivate101
- Apr 30, 2022
- 3 min
Your Inventory is Drowning You - How Lack of Inventory Management is Costing You More Than You Think
"It's the same with almost every client we work with" says Andrew Gervais, CEO of Cultivate Consulting and experienced cannabis inventory...
cultivate101
- Mar 31, 2022
- 2 min
Is Your Business Missing These Common Areas of Non-Compliance?
Human resources is a vital part of your business but one that's often overlooked. As small businesses grow, we as owners tend to stay...
cultivate101
- Feb 22, 2022
- 2 min
How Cost Studies are Saving You $$ on Your Tax Return
Cannabis businesses are subject to the restrictive tax rules under 280(e) which essentially say NO deductions are allowed for normal...
cultivate101
- Jan 19, 2022
- 2 min
Cannabis and Crypto: A Love Story
As cannabis banking continues to be a struggle more and more owners are turning to creative strategies in order to avoid the proverbial...
cultivate101
- Nov 1, 2021
- 4 min
5 Tips to Improve Year End Inventory (And Your Bottomline)
In the world of cannabis, nothing is more important to the success of your business than managing your two most valuable assets; cash and...
cultivate101
- Jun 10, 2021
- 3 min
Take Control Over Your Cannabis Inventory Management
5 Step Checklist Step 1: Dedicated Cannabis Software Having a dedicated cannabis software is critical to efficient inventory management....
cultivate101
- Apr 27, 2021
- 3 min
So, You Started a Cannabis Business (3 People You Need to Hire Right Away)
Congratulations on your new adventure! Starting a business is both exciting and terrifying! Mostly exciting though, don’t worry! BUT! We...
cultivate101
- Apr 6, 2021
- 2 min
Caution When Building a Cannabis Empire
Our most frequently asked consulting questions are always centered around legal entity structure and ownership structure when it comes to...
cultivate101
- Mar 29, 2021
- 1 min
Maine Marijuana Marketing Pitfalls
Maine state law has a unique provision related to recreational marijuana marketing that can cause some accidental pitfalls for business...
cultivate101
- Jan 4, 2021
- 4 min
Recession Proof Your Cannabis Business
A lot remains to be seen as 2020 continues to unfold but uncertainty seems to be the theme so far this year. While cannabis businesses...
cultivate101
- Aug 3, 2020
- 1 min
Does Your Accountant Have a Flower Calendar?
Do you know much it costs your cannabis business to grow a pound of weed? You might have a good idea, or maybe no idea at all. What we...
cultivate101
- Aug 3, 2020
- 2 min
Your Cannabis Business Data May Not Be Safe
It's one thing to find a great accountant who knows your industry, it's another thing entirely to be a cannabis business who finds a...
cultivate101
- Aug 3, 2020
- 3 min
Hiring a Cannabis Focused CPA (Why You Need One and How to Find an Expert)
The Cannabis world is an ever increasing “hot market”. Set to be a $70 billion industry by 2021 (that’s just the regulated portion),...
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