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Have you ever considered investing in cannabis stock? How do you even begin to do that? On today’s podcast, Tony Frischknecht walks us through some great stock that’s been doing well for him since he purchased them. He also talks a little bit about an explosive cannabis stock which gained 696% since it went public. Do you want to know what it is? Stay tuned to this episode.
If there is anything to be said about the current environment we are in, it is that it really pays to be prepared. With everything being already unpredictable as they are, business owners should create back-up plans to save themselves from any damages later on. Fitting in this context, Tony Frischknecht talks about how you can be financially prepared if there is a second lockdown. Join him in this brief episode to get right to it.
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99% of the states out there have some form of hurdle that you, as a business owner, will need to overcome to do legal business, especially in an industry like the cannabis industry. Fortunately, there are some exciting things that are happening in the Midwest States. They are now taking social equity seriously. Tony Frischknecht keeps us on top of these things as he talks about the leap the Midwest is doing and what it allows those in this field. Join him as he expands more.
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How do you define success in business? Is it a certain dollar value? Is it a certain lifestyle? Is it a certain level of contribution to making the world a better place? Is it the joy of being able to do something you believe in? We are ticked differently from each other and there are as many definitions of success as there are entrepreneurs. In this episode, Tony Frischknecht reflects upon these questions in the context of cannabis business and shares the three things that define success for him. Listen in, find out where you stand in each of these three things and start redefining your goals to success.
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The coronavirus pandemic has seen a lot of industrial businesses pivot to hand sanitizer production as demand for these products increased exponentially. Among these is Helios Sanitizer Company, a newly-founded hand sanitizer business which – believe it or not – was repurposed from a white label CBD production facility owned by cannabis entrepreneur, Axie Blundon. Seeing a need for the product in the market, as well as an opportunity to simultaneously attract customers to his cannabis business, Axie took a shot and started on the new business with passion. What does the business look like six months after its inception? What’s coming up next for Axie and Helios? Listen as he shares all about these, as well as his new company’s vision, mission and core values, in this conversation with Tony Frischknecht.
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Most businesses in most industries are struggling in these difficult times, but cannabis business owners are receiving a double blow because of the 280e provision of the tax code, which still applies to cannabis, which is classified by the DEA as a Schedule I controlled substance. Because of this, cannabis businesses are not only taxed more heavily than they should, they also find themselves ineligible for federal funding, including PPP loans. How can you make the most out of this situation? The answer may be in your balance sheets. Join Tony Frischknecht as he interviews the 280e CFO, Kevin Wannlund. Kevin helps cannabis business owners increase their profits and business valuation by giving helping them create audit-proof paperwork that can save them thousands of dollars in IRS penalties. Listen in as he explains what the 280e is and how cannabis business owners can set up their accounting to make the most of existing tax laws and end up with less liabilities and more profit.
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Many people still interchange Cannabis with Hemp. Here to make it all clear for you is Tony Frischknecht himself as he joins the Medically Assisted CBD podcast of Charlie Piermarini. Taking the hot seat, Tony gives us the parallels between the CBD and Hemp industries as well as their differences. He shares his insights into what he is seeing in both of them in the future and whether they are going to soar or sink. Join him in this crossover episode, where he discusses more with Charlie the Cannabis and Hemp space.
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There is an exciting thing brewing in California that could be a lifesaver for many people on the West Coast. The California Cannabis Industry Association, alongside the coalition of cannabis industry leaders, businesses, and organizations, strongly support SB 827 budget and fiscal review committee. What does this mean? How will it affect the cannabis industry? Where is the future heading with this? Tony Frischknecht answers these questions and more in this brief yet timely episode, preparing you of what's ahead should this new development provide the much-needed tax certainty for licensed cannabis businesses.
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Are you familiar with 280E for your dispensary business? In this episode, Tony Frischknecht goes into a deep dive on how Section 280E affects your cannabis business and a different method of accounting to work around 280E. The way the taxes are set up for a cannabis business doesn’t allow you to grow your business. Tony shares some firsthand knowledge that can help you mitigate the impact of 280E and scale your dispensary. Through the Tax Cuts and Jobs Act, learn how IRC Section 471(c) can help reduce the taxes on your business. Tune in and get to know how you can apply this workaround to your business and keep the revenue you worked hard for.
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Understanding your customer as a dispensary owner or grower plays a huge part. In this episode, Brooke Bevan joins Tony Frischknecht to share her perspective on cannabis as a new user and how she changed her view on cannabis from something negative and disruptive to positive. Get to know how Brook opened up to the idea of using medical cannabis for her condition and how the Canadian government is helping through their healthcare system. Brooke and Tony discuss the benefits of using cannabis and the effects it has had on the community and the whole environment of it. Learn the importance of educating new users and the community in general on the positive impacts of using cannabis as a dispensary owner or grower.
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From the publisher's feed
If you’re thinking of investing, working, or starting a business in the cannabis industry, then you need to listen to Plant Problems, a podcast that takes a different approach to cannabis than what…