Money, Taxes & Banking

This category covers the financial rules that affect how cannabis businesses handle money in New York. That includes banking access, payment processing, tax obligations, recordkeeping, and compliance issues that can trigger audits or penalties.

Why Is Cannabis Insurance So Expensive in NY?

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.

Sarah Voelkl

Feb 26, 2026

Why Is My NY Dispensary Profitable on Paper but Broke in the Bank?

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.

Sarah Voelkl

Mar 4, 2026