Blog

When Cannabis businesses face financial distress

When Cannabis businesses face financial distress

When Bankruptcy isn't an option After another rollercoaster of a year, I’m reflecting back on some of the insights my partners and I at Opus Consulting (previously Nucleus One) shared with the Cannabis Industry throughout the COVID-19 pandemic. One area that we’ve continued to...

read more
Benefits of In-House Testing for Cannabis Businesses

Benefits of In-House Testing for Cannabis Businesses

We're debunking the outdated notion that testing in-house is an unnecessary cost for cannabis businesses. As we see it, testing is becoming a key element of cannabis business strategy. Quick overview of in-house testing benefits: Improve your understanding of internal...

read more
How to Structure your Cannabis Business

How to Structure your Cannabis Business

Structuring Your Cannabis Business for Success The first step to starting a cannabis business is establishing a corporate structure that best fits your needs. However, selecting a structure and outlining its tax implications can be challenging and confusing. This article aims...

read more
Inventory Costing 101

Inventory Costing 101

Financial reporting for inventory might seem like a straightforward matter – just add up all the costs to produce the inventory, right? Not quite – there’s more to it than meets the eye. Method The method of inventory costing chosen and the assumptions employed to allocate...

read more
Employee Engagement Tools for Cannabis Businesses

Employee Engagement Tools for Cannabis Businesses

Does there seem to be lack of engagement among your employees? Are you having difficulty retaining your team members? It might be time to implement some of the following tools to improve retention and communication within your workforce. #1 Recruitment Management...

read more
Are PPP Loans Taxable Income in Maine?

Are PPP Loans Taxable Income in Maine?

This past week, Maine Governor Janet Mills released a plan to avoid taxing Paycheck Protection Program (PPP) loans, an option that was previously considered by the Mill’s administration.  Mill’s original budget called for taxing the forgivable loans to make up for a $100...

read more

Let’s talk about
your business.

We thrive in ambiguous and uncertain environments.

Signup for our newsletter