Dave McManus

Jan 22, 2025 | cannabisbusinessexecutive.com | Dave McManus

By Dave McManusAs the cannabis industry evolves, operators at every level are faced with unique challenges. From managing cash flow to ensuring compliance and refining operations, the pressure to balance day-to-day demands with long-term strategy is immense. As market dynamics shift, businesses must adapt quickly and efficiently to remain competitive. But with so many moving parts, it can be hard to pinpoint the areas for which strategic adjustments will make the most significant impact.

Sep 3, 2024 | cannabisbusinessexecutive.com | Dave McManus

The public commentary period on cannabis rescheduling has ended, marking a key turning point in the ongoing debate over cannabis regulation. On July 22, the commentary period officially closed, with more than 43,000 comments submitted. The overwhelming majority of comments favored complete cannabis descheduling rather than rescheduling to Schedule III.

Mar 25, 2024 | cannabisbusinessexecutive.com | Dave McManus

By Dave McManusOnce relatively easy to break into, the cannabis industry now demands a leaner and more conservative approach to financial management along with precise forecasting and a great deal of patience. There are inherent risks, regulatory uncertainties, and financial challenges faced by new market entrants and established operators alike. As the market continues to mature, so will your needs and approach.

Nov 29, 2023 | cannabisbusinessexecutive.com | Dave McManus

By Dave McManusWith the drive to federalization starting to accelerate, momentum is building around rescheduling cannabis. This would bring a host of changes that are frequently discussed, such as easier access to capital, banking, and the removal of 280E. A crucial big picture issue that is less front and center, however, is the type of competition that shifting legal boundaries will welcome into the sector.

Sep 6, 2023 | cannabisbusinessexecutive.com | Dave McManus

By David McManus and Darren GleemanCannabis operators have plenty of challenges keeping pace with rampant industry growth. Rising competition, scaling labor, pricing pressure, and of course regulatory compliance create a web of issues that call for creative strategic thinking. Simply put, companies should be seeking every advantage to maintain momentum. An Employee Stock Ownership Plan (ESOP) is a structural weapon that is uniquely applicable yet vastlyunderutilized in the sector.