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Manufacturing KPIs to Track for Financial Success
Efficiency is the bedrock of cannabis manufacturing success. Costs are rising, regulatory frameworks are evolving, and supply chains are becoming more fragmented. Overcoming these challenges requires meticulous planning, tracking, and analysis of key performance indicators (KPIs).
Navigating New Mexico’s Cannabis Tax Landscape: A Dispensary Owner’s Guide
The Cannabis Excise Tax and GRT can be a compliance headache for dispensaries in New Mexico—but avoiding penalties and protecting your profits starts with staying ahead of the rules. We broke down the must-know facts and links in our new article.
Understanding Your Cannabis Business Cash Flow
Understanding your cash flow is essential to satisfying financial commitments—and it’s the first thing investors and lenders want to see before getting involved. For these reasons, reviewing your cash flow statements and performing cash flow forecasts regularly is vital. Read our guide to cash flow best practices for cannabis businesses.
What’s the Difference Between a P&L and a Balance Sheet?
Balance Sheets and P&L statements are two of the most common business financial statements. But what’s the difference between balance sheets and P&L? We’ll dive into the details and show you how to use them.
Four Cash Flow KPIs Dispensaries Must Track
Cash flow is the lifeblood of dispensaries. Tracking cash flow and cash flow KPIs can help you stay on top of your shop’s performance. Here are the four KPIs every dispensary must track.
The AP Process: A Step-by-Step Guide to Accounts Payable
Your Accounts Payable process makes all the difference in ensuring your business finances are in order. Staying on top of AP means you’re never behind on bills or payments, helping you build trust with your suppliers and ensuring strong vendor relationships.
7 Innovative Ways to Improve Cannabis Cash Flow
If your cannabis or hemp operation’s cash flow could use a little reinvention we’ve got a few creative tips to help you move it in the right direction.
Form 8300: Everything Cannabis & Hemp Operators Need to Know
When handling large amounts of cash, optimal Form 8300 processes are a must have. We walk through everything cannabis and hemp operators need to know.
Unlocking Capital for Hemp CPG Brands: A New Era of Financial Opportunity
A new lender is offering robust working capital loans to hemp CPG brands. Check out the terms and qualifications to see if your hemp brand qualified.