Your financial statements shouldn't just sit in a folder. They should help you run the business. Every month, cannabis business owners receive numbers. Revenue. Expenses. Assets. Liabilities. Cash. Inventory. But numbers alone aren't enough. The real question is: What are those numbers telling you? Monthly financial statements can provide a regular view of your company's financial position and performance. Redbud Advisors identifies monthly financial statements as an importan

Small financial problems can become expensive problems when they're left unchecked. Running a cannabis business means constantly making decisions. How much inventory should you carry? Can you afford another employee? Should you expand? Are your margins improving? Can you take on another location? The quality of those decisions depends heavily on the quality of your financial information. Unfortunately, many business owners don't realize something is wrong until the numbers be

Your Cannabis Business Is Growing. Why Does Cash Still Feel Tight? Your sales are increasing. Customers are coming back. Revenue looks better than it did last year. So why does your bank account still feel tight?