The Marijuana industry now generates $52 billion in sales. The demand for marijuana is growing - for both medicinal and recreational use. This is why now the best time to start a marijuana business.
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It's a fact; most marijuana-related businesses are struggling to find a bank willing to provide basic depositary and other financial services to them. This is due to the curious legal status of marijuana as a federally prohibited controlled substance but a legal and highly sought-after commodity under the laws of most U.S. states.
Cannabis entrepreneurs face a complex and dynamic industry. As regulations and opportunities are in constant flux, businesses require an accounting firm that remains current on the industry pulse.