5 Reasons Why 50% Of Cannabis Businesses Fail Within 5 Years
And The Simple Way You Can Achieve Profitability In Your Business!
The Cannabis Industry Is Supposed To Be The Next Gold Rush, BUT…
You’ve poured your heart and soul into your dispensary, cultivation, or manufacturing business, but the financial stress never seems to let up.
Every month, you’re desperately trying to navigate through
Unexpected expenses that blindside you and drain your resources
Ever-changing regulations that keep you in a constant state of anxiety
Messy financial records and planning chaos (especially when tax season rolls around…)
Heavy tax burdens imposed by IRC 280E
Costly mistakes, penalties, and cookie-cutter financial strategies
Sleepless nights have become the norm, filled with worry about making payroll, paying suppliers, and whether you’ll have enough cash to cover your expenses…
And it feels like no matter how hard you work, the numbers just don’t add up.
You’re Not Alone…
Less Than 25% Of Cannabis Businesses Are Profitable
And more than half close their doors within five years!
The constant struggle to maintain cash flow, coupled with a lack of strategic planning, is driving many cannabis businesses to the brink of failure.
What’s worse?
You can’t even hire an accountant to help (not a ‘normal’ one, at least…)
Everyday accountants don’t understand the unique demands of our industry.
From navigating complex regulations to dealing with unpredictable cash flow, the cannabis industry requires specialized knowledge and financial strategies.
Without this, you risk:
Falling prey to predatory lenders offering high interest rates and impossible payment terms
Significant non-compliance financial penalties that drain your capital
Scaring potential investors away, leaving you stuck in survival mode
Your profits dipping dangerously low, leading to increased stress and burnout
Losing your operating license and closing your doors indefinitely
That’s why we’re revealing the secret to achieving consistent profitability with zero stress and hassle in my free video:
Why 50% Of Cannabis Businesses Fail Within 5 Years And The Simple Way You Can Achieve Consistent Profitability In 2024:
Imagine If…
Your financial systems were set up perfectly from day one, and you felt confident your business was always up to code
You never had to worry about unexpected expenses again because your cash flow was steady and predictable - at last!
You knew exactly where your money was going, and how to maximize your bottom line and grow your business confidently
You could focus more on your passion for cannabis and less on the financial stress, knowing that your business was financially healthy and compliant
New investors were lining up to fund you because your financial records were clean, transparent, and impressive
You had a trusted partner to guide you through financial decisions, ensuring that every move you make is a step towards growth and profitability
Meet Angela Mays:
Your Partner In Cannabis Business Success
Angela Mays is the founder and Managing Director of the Cannabis Accounting and Consulting Group d/b/a The Blunt Accountant (TBA.) With over 25 years of experience in accounting, auditing, fraud risk management, and business process reengineering…
Angela’s team of CannAccountants and tax professionals can help you regain control of your cash flow, skyrocket profitability, and attract the funding you need to thrive in 2024 and beyond.
TBA understands that to scale your business, you need more than just accurate bookkeeping. That’s why they provide the high-level business strategy and holistic, outside-the-box thinking you need to reshape your business for success.
Whether you’re in the early stages of setting up your business and need to get your accounting systems and processes in place before launching…
Or you need specialized cannabis accounting and business strategy services to optimize operations, maintain compliance, and maximize profits…
Angela has the skills and experience you need to streamline your operations, reduce stress and overwhelm, and achieve long-term profitability and growth:
