If you’re a cannabis business, it’s important to know if your business is working. There are a few ways to do this, but one of the most important is doing the math. This can be really difficult if you’re not used to it, but luckily, we can help.
There are a few key things you need to know in order to figure out if your cannabis business is successful. The first is your revenue and your expenses. Your revenue is how much money you bring in, and your expenses are how much money you spend. To calculate your profit, you subtract your expenses from your revenue. This will tell you how much money you’ve made (or lost) in a given time period.
Extracted from the Live Show of Cannabis Legalization News: https://youtu.be/uvaF2nk7uh0
#cannabis #valuations
Please be 21+ because this is about the legal & legitimately lawful (at the state level) cannabis industry.
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