Money, Taxes & Banking

A vendor indemnification clause is a contract provision where one party agrees to defend and reimburse the other for certain claims, losses, or lawsuits. In cannabis retail, indemnification determines who pays if something goes wrong.

Cannabis insurance in New York is expensive because the insurance market treats cannabis as a specialty, higher-risk industry with limited carrier options and unusual legal and operational exposure. This page explains the main drivers so you can budget realistically and avoid buying the wrong coverage.

During an audit, the IRS can review bank statements, deposits, and transfers. This page explains how bank records are examined and why deposit accuracy matters for dispensaries.

Profit is accounting. Cash is survival. This page explains why NY dispensaries can show positive margins while running out of money and how to fix the cash cycle.