Managing cash flow effectively is crucial for any business, but in the cannabis industry where cash transactions are the norm, it becomes even more critical. Without proper cash flow management, even a thriving dispensary or cultivation operation can run into financial trouble. Cannabis businesses in Los Angeles (and across the country) must juggle large amounts… Continue reading Cash Flow Management for Cannabis: Best Practices for Cash Handling
Tag: Cannabis Accounting
Big Opportunities for Accountants in the Cannabis Industry
Accountants will always be needed in the cannabis world. The cannabis industry is constantly growing and more businesses are beginning to appear all around the country. Distributors and cultivators are continuously expanding and are in need of proper bookkeeping and compliance consulting. If you are considering a future in cannabis accounting or are currently an… Continue reading Big Opportunities for Accountants in the Cannabis Industry
4 Reasons to Hire a Cannabis Accountant
The whole business sector is still suffering from the pandemic. If decade-old firms are closing or facing bankruptcy, where does that leave newly established cannabis dispensaries and businesses? Cannabiz Accounting: Why is it important? Cannabis is a booming industry and a very lucrative one we might add. Today, medical cannabis is legal in more than… Continue reading 4 Reasons to Hire a Cannabis Accountant