Cannabis Finances, and Growth: Federal Tax Pitfalls Every Business Owner Must Avoid -Cowboy Cup 2023

Dec 15, 2023 · 20m 37s
Cannabis Finances, and Growth: Federal Tax Pitfalls Every Business Owner Must Avoid -Cowboy Cup 2023
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Welcome to Smoke Busters! In this episode, we had the pleasure of hosting MadManPlant at the Cowboy Cup. Join us as we dive deep into the world of cannabis, finances,...

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Welcome to Smoke Busters! In this episode, we had the pleasure of hosting MadManPlant at the Cowboy Cup. Join us as we dive deep into the world of cannabis, finances, and the journey to success in the industry. MadManPlant introduces us to his guests, Gerald Ford and  @TheCannabruhz  , media experts and financial advisors in the cannabis space. Together, they explore the multifaceted nature of their work, helping people not only with their finances but also providing a unique experience through their brand. Discover the importance of understanding finances in the cannabis industry, where lack of financing knowledge can lead to unexpected challenges. Learn how they assist businesses in navigating the complex world of taxes, compliance, and financial strategies to reduce burdens. MadManPlant delves into the background that led to their expertise in this field, including their roots in tax consulting and their journey to becoming fiscal finance experts. They emphasize the significance of proper financial planning and share valuable insights on the common misconceptions surrounding finances in the cannabis sector. The conversation turns to their clothing brand, "Make Mentality," inspired by the Cannabruhz podcast, and their commitment to seizing opportunities and making the most of them. Explore their unique designs and the philosophy behind the brand. As the discussion flows, they share their perspectives on smoking and growing cannabis. Whether you're a consumer or a cultivator, their insights cover a broad spectrum of experiences in the cannabis world. The Cannabruhz podcast's mission comes to light, focusing on embracing the community, inviting businesses with unique mentalities to discuss their successes and financial strategies. They aim to be a voice for those who need it most and push the cannabis community forward. The trio also addresses the challenges faced by small business owners, especially in the cannabis industry, where finances, taxation, and legal compliance can be overwhelming. They stress the importance of education and the role it plays in success. MadManPlant and his guests wrap up the conversation by highlighting the significance of early financial planning, the value of delegation, and the need for entrepreneurs to protect themselves with knowledge. The discussion serves as a valuable resource for those looking to thrive in the cannabis industry and beyond. Stay tuned for more insightful discussions on Smoke Busters, where we bring you the voices and stories that shape the cannabis world. Subscribe now for future collaborations and educational content!
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Author MadManPlant
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