You have a lot on your plate running a cannabis business. Maintaining your financial records probably falls near the bottom of your priority list — but it needs to be near the top.
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While any business has the possibility of either wild success or complete failure, those in the cannabis industry have likely seen both extremes. That's because this relatively new industry is overseen with contradictory regulations, evolving attitudes, and localized political will. Imagine if small franchise restaurants or pharmacies had to worry about changing tax deductions and regulations that may negatively impact their business like the cannabis industry.
