Private Equity - Match Made in Heaven or Hell on Earth?

Organic and premium flower not only attracts discerning customers, but also wins some of our industry's top awards.

So in this week's episode, Chip sits with David Miller and Erich Maelzer from Flow Gardens Indoor Cultivation to talk about how these two founders and cannabis entrepreneurs are bringing organic and hydroponic grown premium hemp flower grown in East Tennessee to the marketplace.

And their stuff is really good! They’re Emerald Cup Winners and High Times Cup Winners so they know what they’re doing.  You’re really going to enjoy this episode.

Plus, David and Erich stick around to participate in our "News of The Day" segment.

About Flow Gardens Indoor Cultivation:
You can find them on the web at https://flowgardens.com/ or on Instagram by clicking here: Flow Gardens 420

What to listen to next:
Episode 26 - How to Leverage Data To Increase Sales with Jeffrey Graham of Pistil Data
Episode 34 - Private Equity, Match Made in Heaven or Hell on Earth?

Want to learn more about anything discussed in this week's episode? Send an e-mail to chip@thegreenleafcpa.com and let's discuss!

Connect with The Business of Kush:
Sign up to get e-mails from me

Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook.

And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community.

Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

Entrepreneurs start bootstrap companies and leverage their unique skills to grow a business. As they achieve success, many founders fall into the same trap, where they hold on to too many responsibilities and struggle to delegate tasks effectively.

As a cannabis entrepreneur, you need actionable solutions to this challenge.

So in this week's episode, Chip provides effective steps every cannabis business owner can take to increase your company's value and delegate tasks off your plate.

We discuss strategies to help you learn how to break down larger activities into distinct tasks and the four stages at which you can delegate.  And, ultimately, this will help your cannabis business to operate without your everyday involvement.

This episode lays out a simple formula to mastering the art of delegation. Implementing this framework will solve operational issues, but more importantly, will make for a more valuable company.

Plus, we'll have our "News of The Day" segment.

Want to discuss anything in this week's episode? Just drop an e-mail to chip@thegreenleafcpa.com and we'll help!

What to listen to next:
Episode 18 - Four Ways to Turbocharge Your Cannabis Business
Episode 25 - Why Cash Flow is So Important For Your Cannabis Business and How to Get It

Connect with The Business of Kush:
Click here to Sign up to get e-mails from Chip

Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook.

And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community.

Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

In some circles private equity has gotten a really bad reputation, but the reality of the value of private equity to the economy is much more positive. 

If you're thinking about talking with a private equity partner in the future or just curious about how private equity in the cannabis industry works, this episode is for you. 

So, in this week's episode Chip dispels the myths about private equity with facts and give you the top three things every founder should know about private equity. 

Plus, we'll have our "News of The Day" segment and talk about one of the biggest pieces of news for our industry in a long time. Check it out!

Want to discuss anything in this week's episode? Just drop an e-mail to chip@thegreenleafcpa.com and we'll help!

What to listen to next:
Episode 22 - How Being Like The Swiss Can Make Your Cannabis Business More Valuable
Episode 30 - 5 Ways to Get Your Cannabis Business to Run Without You

Connect with The Business of Kush:
Click here to Sign up to get e-mails from Chip

Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook.

And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community.

Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

It’s one of the fundamental questions all owners must wrestle with: should you own a big chuck of a small company or a small piece of a large company? And this is especially important if you're starting up a cannabis company and thinking of funding growth with equity.

Owning a relatively small slice of a big pie has worked out well for both Elon Musk and Jeff Bezos, but they may be the exception.

So, in this week's episode Chip shares four good reasons why your best bet is to own a big chunk of a small pie. Check it out.

Plus, we'll have our "News of The Day" segment and talk about cultivation takes and economic pressures in mature markets..

Want to discuss anything in this week's episode? Just drop an e-mail to chip@thegreenleafcpa.com and we'll help!

What to listen to next:
Episode 22 - How Being Like The Swiss Can Make Your Cannabis Business More Valuable
Episode 30 - 5 Ways to Get Your Cannabis Business to Run Without You

Connect with The Business of Kush:
Click here to Sign up to get e-mails from Chip

Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook.

And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community.

Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

This week's episode is all about answering questions from cannabis business owners. Chip covers a range of topics, from resources to help you step back from your cannabis business without getting fully out, to lease accounting, to finding and keeping great budtenders, to the best software solutions for your cannabis business.

Whether you're just getting started or you've been in the industry for a while, this episode is sure to have something for everyone.  So tune in and learn everything you need to know to make this year your cannabis businesses best one yet.

Here's what we discuss:

• How to step back from your cannabis business but not get out entirely (02:30)
• Eight questions you'll need to be ready to answer if you're selling your business (06:23)
• Lease accounting is coming for cannabis businesses, what you need to know (09:54)
• How to find and keep great budtenders (14:53)
• The best software solutions for cannabis businesses (18:10)

Plus, we'll have our "News of The Day" segment.

Want to discuss anything in this week's episode? Just drop an e-mail to chip@thegreenleafcpa.com and we'll help!

What to listen to next:
Episode 22 - How Being Like The Swiss Can Make Your Cannabis Business More Valuable
Episode 25 - Why Cash Flow is So Important For Your Cannabis Business and How to Get It

Connect with The Business of Kush:
Click here to Sign up to get e-mails from Chip

Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook.

And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community.

Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

Most every cannabis business starts small. It’s you and maybe a few investors realizing your dream of starting up a new cannabis venture, maybe in a state that just went legal. 

A lot of small businesses, cannabis or otherwise, stay small though either by choice or because they start chasing growth in the wrong places.

So, this week let's talk about your cannabis business and its growth. Chip reveals the main factor why some businesses never achieve scale and realize growth.

And we'll discuss four other considerations to look at if you find that the growth of your cannabis business has plateaued.

Plus, we'll have our "News of The Day" segment.

Want to discuss anything in this week's episode? Just drop an e-mail to chip@thegreenleafcpa.com and we'll help!

What to listen to next:
Episode 22 - How Being Like The Swiss Can Make Your Cannabis Business More Valuable
Episode 25 - Why Cash Flow is So Important For Your Cannabis Business and How to Get It

Connect with The Business of Kush:
Click here to Sign up to get e-mails from Chip

Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook.

And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community.

Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

Do you feel stuck in the middle of your cannabis business, and maybe can’t even take a vacation?

Well, the good news is there’s hope! And good reasons to get your business to run itself.

A cannabis business that’s not dependent on its owner is the ultimate asset to own. It allows you complete control over your time so that you can choose the projects you get involved in and the vacations you take.

And when it comes to getting out down the road (if that’s in your plans), a business independent of its owner is worth a lot more than an owner-dependent company.

So, this week Chip reveals five ways to set up your business so that it can succeed without you.

Plus, we'll have our "News of The Day" segment.

Want your own copy of the e-book we discuss this week? Just drop an e-mail to chip@thegreenleafcpa.com and we'll get it over to you!

What to listen to next:
Episode 22 - How Being Like The Swiss Can Make Your Cannabis Business More Valuable
Episode 25 - Why Cash Flow is So Important For Your Cannabis Business and How to Get It

Connect with The Business of Kush:
Click here to Sign up to get e-mails from Chip

Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook.

And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community.

Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

We’re headed into uncertain economic times. 

Between inflation, and the continuing war in Ukraine to another election where all these folks seem to do is yell at each other from the top of their lungs. 

And while the cannabis industry has generally been mostly immune to rough economic times, and even grew during the pandemic in a lot of ways, it still creates complications in running your cannabis business. 

One of these best strategies includes following general guidelines on how others have handled their own turnarounds -- but remember each situation can vary so look at what works best with yours before trying anything else!

Because there are no set playbooks to follow when it comes to your cannabis business weathering the storm, in this week's episode Chip gives five pieces of advice that will help keep your cannabis business afloat.

Plus, we'll have our "News of The Day" segment.

Want to learn more about anything discussed in this week's episode? Send an e-mail to chip@thegreenleafcpa.com and let's discuss!

What to listen to next:
Episode 22 - How Being Like The Swiss Can Make Your Cannabis Business More Valuable
Episode 25 - Why Cash Flow is So Important For Your Cannabis Business and How to Get It

Connect with The Business of Kush:
Click here to Sign up to get e-mails from Chip

Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook.

And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community.

Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

No matter what business you're in, pricing is always a key consideration. But when it comes to the cannabis industry, pricing can be especially tricky.

There are countless factors to consider, from regulatory compliance to supply and demand. In this week's episode Chip outlines some of the most important considerations when setting prices for cannabis products and services.

You'll learn how to price your product or service so that you can win in the competitive cannabis market!

We all know that humans are irrational creatures. And as such, pricing a product can be just as much an art form than it is science! So, we'll also break down the psychological side of how to price your products so you get more sales.

Plus, we'll have our "News of The Day" segment.

Want to learn more about anything discussed in this week's episode? Send an e-mail to chip@thegreenleafcpa.com and let's discuss!

What to listen to next:
Episode 07 - How to Build and Sell Your Cannabusiness Like A Boss
Episode 01 - The 10 Reasons Why Investors Pass on Investing in Your Cannabis Business
Episode 13 - Avoid These 5 Mistakes In Setting Up Your Cannabis Company

Connect with The Business of Kush:
Click here to Sign up to get e-mails from Chip

Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook.

And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community.

Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

As more and more states legalize the plant, cannabis businesses – even existing ones – are presented with more profit-earning potential.

But before you start any business, you need to have some idea of what the industry landscape is like: What's the earning potential? What risks will you face? Who's your competition?

Given the cannabis industry’s relatively short history -- and with new states coming online all the time -- the industry is always changing and evolving. Which means for both the brand new cannabis entrepreneur and those who have been in business for a while, there's a lot to think about.

If you’re ready to start a budding cannabis business, this episode is for you. And, if you've already set up your company and have been operating for a while Chip talks about some important aspects of your cannabis business to consider (bonus, it’s not too late).

Having just passed our six-month anniversary, our gift to you is pulling the top tips and tricks from several previous episodes and packaging them up into one episode of what you need to know before starting a cannabis business and the steps to take if you decide to enter the cannabis industry.

Plus, we'll have our "News of The Day" segment.

Want to learn more about anything discussed in this week's episode? Send an e-mail to chip@thegreenleafcpa.com and let's discuss!

In the order they're discussed, here are the episodes mentioned this week
(hint, listen to these next):
Episode 07 - How to Build and Sell Your Cannabusiness Like A Boss
Episode 01 - The 10 Reasons Why Investors Pass on Investing in Your Cannabis Business
Episode 13 - Avoid These 5 Mistakes In Setting Up Your Cannabis Company
Episode 06 - What To Do When a Potential Investor Wants to Write You a Check
Episode 11 - How to Legally Beat 280E While Still Protecting Your Cannabusiness

Connect with The Business of Kush:
Click here to Sign up to get e-mails from Chip

Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook.

And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community.

Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to t