The Importance of Proper Crop Insurance

Over the past year, Bridge West has been working closely with many hemp and CBD clients on setting up their businesses and financial projections. The demand for CBD has sky-rocketed and farmers and business owners are very interested in supplying that demand. Although there are notable differences, and each industry has unique challenges, our expertise […]

How to Survive in a Cannabis Market with Falling Prices

In a previous blog I wrote that in Colorado and other states large harvests of outdoor cannabis would depress prices.  That harvest is now hitting the market and we are seeing prices in the $400-$500.  The price of indoor pounds has fallen to $1,000 or less, down from close to $2,000 a pound a year […]

Western Delivery and Dispensaries

The Western region of the US continues to spearhead the legal cannabis movement. With Colorado and Washington being the first states to ever legalize the plant, burgeoning cannabis markets in eastern regions look to this cluster of marijuana pioneers for the latest trends. However, cannabis laws can be a little bit confusing. Although this region […]

Here Comes the Outdoor Harvest!

Here comes the outdoor harvest…oh my! By Jim Marty, CPA, MS, ABV   In Colorado, retail ounces are selling for $63, wholesale pounds are going for $400 and extracted products are advertised for $9.99 a gram. This is before the outdoor harvest hits the market here in a few weeks. For many cultivators, extractors, and […]