Question 1

What is Cann Strategy?

Accepted Answer

Cann Strategy is a leading cannabis business strategy firm recognized by Benzinga as one of the "Best Cannabis Consulting Firms"

Question 2

What types of clients does Cann Strategy Serve?

Accepted Answer

We work with well-funded investors, existing cannabis business owners looking to scale or improve their operations, and entrepreneurs eager to launch a new cannabis venture.

Question 3

Can Cann Strategy help with cannabis licensing applications?

Accepted Answer

Yes, we have extensive expertise in crafting winning license applications that meet all regulatory requirements and stand out from the competition.

Question 4

Does Cann Strategy offer operational advice for cannabis business?

Accepted Answer

We provide operational refinement strategies designed to enhance efficiency and performance within your cannabis business.

Question 5

Does Cann Strategy provide training programs?

Accepted Answer

Yes, we offer intelligent training programs that empower ownership teams and employees with the knowledge and skills necessary to succeed and grow within the industry.

Question 6

Can Cann Strategy help me start a cannabis business?

Accepted Answer

Yes. Our team can assist you with every step of starting your cannabis business, from conducting initial feasibility studies to navigating the licensing process and establishing your operations. We customize our approach to meet your specific goals and challenges.

Question 7

Is cannabis legal at the federal level in the United States?

Accepted Answer

No, cannabis remains illegal under federal law in the United States. However, many states have legalized cannabis for medical or recreational use within their jurisdictions.

Question 8

How does federal illegality impact cannabis businesses?

Accepted Answer

Despite state-level legalization, federal illegality can affect banking, taxation (e.g., IRS 280E), and interstate commerce for cannabis businesses. Cann Strategy helps clients understand these implications and develop strategies to mitigate risks.  There is hope now that the DEA has announced their plants reschedule cannabis to Schedule III which could improve things for cannabis businesses when it comes to taxation.

Question 9

Can Cann Strategy help with state-specific regulations?

Accepted Answer

Absolutely. Our expertise spans multiple states' regulatory frameworks. We assist clients in understanding and complying with the varied regulations that govern cannabis operations in different jurisdictions.

Question 10

What types of licenses are available for cannabis businesses?

Accepted Answer

There are several types of licenses available depending on the state, including cultivation, manufacturing/processing, dispensary/retail, distribution, delivery, testing laboratory licenses, among others.

Question 11

How competitive is the licensing process for cannabis businesses?

Accepted Answer

The competitiveness varies by state and license type. Some states have limited license allocations leading to highly competitive application processes. Cann Strategy can help strengthen your application to improve your chances of success.

Question 12

What kind of investment opportunities are there in the cannabis industry?

Accepted Answer

Investment opportunities range from direct business ownership (cultivation facilities, dispensaries) to ancillary services (technology solutions, equipment sales). Investors may also consider funding startups or joining a venture capital fund focused on cannabis.

Question 13

How can Cann Strategy help my existing cannabis business grow?

Accepted Answer

We offer strategic planning services that analyze your current operations and identify areas for growth or improvement. This might include expanding into new markets or optimizing production processes to increase efficiency and profitability.

Question 14

I'm an entrepreneur interested in starting a cannabis business; where do I begin?

Accepted Answer

Begin by reaching out to us at Cann Strategy for an initial consultation. We'll discuss your vision, assess market opportunities, guide you through legal considerations, and develop a solid foundation for launching your venture successfully.

Question 15

How often do regulations change in the cannabis industry?

Accepted Answer

Regulations can change frequently as legislative bodies adjust policies related to public health concerns or economic objectives. It's essential to have a partner like Cann Strategy that monitors these changes closely.

CONTACT US