The Business of Kush

Growing Award-Winning Flower with David Miller & Erich Maelzer of Flow Gardens Indoor Cultivation

Organic and premium flower not only attracts discerning customers, but also wins some of our industry's top awards. So in this week's episode, Chip sits with David Miller and Erich Maelzer from Flow Gardens Indoor Cultivation to talk about how these two founders and cannabis entrepreneurs are bringing organic and hydroponic grown premium hemp flower grown in East Tennessee to the marketplace. And their stuff is really good! They’re Emerald Cup Winners and High Times Cup Winners so they know what they’re doing.  You’re really going to enjoy this episode. Plus, David and Erich stick around to participate in our "News of The Day" segment. About Flow Gardens Indoor Cultivation: You can find them on the web at https://flowgardens.com/ [https://flowgardens.com/] or on Instagram by clicking here: Flow Gardens 420 [https://www.instagram.com/flowgardens420/] What to listen to next: Episode 26 - How to Leverage Data To Increase Sales with Jeffrey Graham of Pistil Data [https://www.bizofkush.com/how-to-leverage-data-to-increase-sales-with-jeffrey-graham-of-pistil-data/] Episode 34 - Private Equity, Match Made in Heaven or Hell on Earth? [https://www.bizofkush.com/private-equity-match-made-in-heaven-or-hell-on-earth/] Want to learn more about anything discussed in this week's episode? Send an e-mail to chip@thegreenleafcpa.com [chip@thegreenleafcpa.com] and let's discuss! Connect with The Business of Kush: Sign up to get e-mails from me [https://mailchi.mp/05b053e6c202/ig-subscribe] Follow The Business of Kush [https://www.instagram.com/bizofkush/] on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook [https://www.facebook.com/bizofkush]. And, if you're enjoying this podcast, please use this link [https://lovethepodcast.com/bizofkush] to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community. Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

How to Effectively Delegate to Scale Your Cannabis Business for Growth

Entrepreneurs start bootstrap companies and leverage their unique skills to grow a business. As they achieve success, many founders fall into the same trap, where they hold on to too many responsibilities and struggle to delegate tasks effectively. As a cannabis entrepreneur, you need actionable solutions to this challenge. So in this week's episode, Chip provides effective steps every cannabis business owner can take to increase your company's value and delegate tasks off your plate. We discuss strategies to help you learn how to break down larger activities into distinct tasks and the four stages at which you can delegate.  And, ultimately, this will help your cannabis business to operate without your everyday involvement. This episode lays out a simple formula to mastering the art of delegation. Implementing this framework will solve operational issues, but more importantly, will make for a more valuable company. Plus, we'll have our "News of The Day" segment. Want to discuss anything in this week's episode? Just drop an e-mail to chip@thegreenleafcpa.com [chip@thegreenleafcpa.com] and we'll help! What to listen to next: Episode 18 - Four Ways to Turbocharge Your Cannabis Business [https://www.bizofkush.com/four-ways-to-turbocharge-your-cannabis-business/] Episode 25 - Why Cash Flow is So Important For Your Cannabis Business and How to Get It [https://www.bizofkush.com/why-cash-flow-is-so-important-for-your-cannabis-business-and-how-to-get-it/] Connect with The Business of Kush: Click here to Sign up to get e-mails from Chip [https://mailchi.mp/05b053e6c202/ig-subscribe] Follow The Business of Kush [https://www.instagram.com/bizofkush/] on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook [https://www.facebook.com/bizofkush]. And, if you're enjoying this podcast, please use this link [https://lovethepodcast.com/bizofkush] to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community. Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

Private Equity - Match Made in Heaven or Hell on Earth?

In some circles private equity has gotten a really bad reputation, but the reality of the value of private equity to the economy is much more positive.  If you're thinking about talking with a private equity partner in the future or just curious about how private equity in the cannabis industry works, this episode is for you.  So, in this week's episode Chip dispels the myths about private equity with facts and give you the top three things every founder should know about private equity.  Plus, we'll have our "News of The Day" segment and talk about one of the biggest pieces of news for our industry in a long time. Check it out! Want to discuss anything in this week's episode? Just drop an e-mail to chip@thegreenleafcpa.com [chip@thegreenleafcpa.com] and we'll help! What to listen to next: Episode 22 - How Being Like The Swiss Can Make Your Cannabis Business More Valuable [https://www.bizofkush.com/how-being-like-the-swiss-can-make-your-cannabis-business-more-valuable/] Episode 30 - 5 Ways to Get Your Cannabis Business to Run Without You [https://www.bizofkush.com/5-ways-to-get-your-cannabis-business-to-run-without-you/] Connect with The Business of Kush: Click here to Sign up to get e-mails from Chip [https://mailchi.mp/05b053e6c202/ig-subscribe] Follow The Business of Kush [https://www.instagram.com/bizofkush/] on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook [https://www.facebook.com/bizofkush]. And, if you're enjoying this podcast, please use this link [https://lovethepodcast.com/bizofkush] to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community. Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

Four Reasons Why It’s Better to Own a Big Chunk of a Small Company

It’s one of the fundamental questions all owners must wrestle with: should you own a big chuck of a small company or a small piece of a large company? And this is especially important if you're starting up a cannabis company and thinking of funding growth with equity. Owning a relatively small slice of a big pie has worked out well for both Elon Musk and Jeff Bezos, but they may be the exception. So, in this week's episode Chip shares four good reasons why your best bet is to own a big chunk of a small pie. Check it out. Plus, we'll have our "News of The Day" segment and talk about cultivation takes and economic pressures in mature markets.. Want to discuss anything in this week's episode? Just drop an e-mail to chip@thegreenleafcpa.com [chip@thegreenleafcpa.com] and we'll help! What to listen to next: Episode 22 - How Being Like The Swiss Can Make Your Cannabis Business More Valuable [https://www.bizofkush.com/how-being-like-the-swiss-can-make-your-cannabis-business-more-valuable/] Episode 30 - 5 Ways to Get Your Cannabis Business to Run Without You [https://www.bizofkush.com/5-ways-to-get-your-cannabis-business-to-run-without-you/] Connect with The Business of Kush: Click here to Sign up to get e-mails from Chip [https://mailchi.mp/05b053e6c202/ig-subscribe] Follow The Business of Kush [https://www.instagram.com/bizofkush/] on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook [https://www.facebook.com/bizofkush]. And, if you're enjoying this podcast, please use this link [https://lovethepodcast.com/bizofkush] to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community. Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

Five Topics Cannabis Business Owners Are Talking About Right Now

This week's episode is all about answering questions from cannabis business owners. Chip covers a range of topics, from resources to help you step back from your cannabis business without getting fully out, to lease accounting, to finding and keeping great budtenders, to the best software solutions for your cannabis business. Whether you're just getting started or you've been in the industry for a while, this episode is sure to have something for everyone.  So tune in and learn everything you need to know to make this year your cannabis businesses best one yet. Here's what we discuss: * How to step back from your cannabis business but not get out entirely (02:30) * Eight questions you'll need to be ready to answer if you're selling your business (06:23) * Lease accounting is coming for cannabis businesses, what you need to know (09:54) * How to find and keep great budtenders (14:53) * The best software solutions for cannabis businesses (18:10) Plus, we'll have our "News of The Day" segment. Want to discuss anything in this week's episode? Just drop an e-mail to chip@thegreenleafcpa.com [chip@thegreenleafcpa.com] and we'll help! What to listen to next: Episode 22 - How Being Like The Swiss Can Make Your Cannabis Business More Valuable [https://www.bizofkush.com/how-being-like-the-swiss-can-make-your-cannabis-business-more-valuable/] Episode 25 - Why Cash Flow is So Important For Your Cannabis Business and How to Get It [https://www.bizofkush.com/why-cash-flow-is-so-important-for-your-cannabis-business-and-how-to-get-it/] Connect with The Business of Kush: Click here to Sign up to get e-mails from Chip [https://mailchi.mp/05b053e6c202/ig-subscribe] Follow The Business of Kush [https://www.instagram.com/bizofkush/] on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook [https://www.facebook.com/bizofkush]. And, if you're enjoying this podcast, please use this link [https://lovethepodcast.com/bizofkush] to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community. Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.