CFOCannabis Insights

The cannabis industry has spent years waiting for federal policy to catch up with reality. Now, as the DEA's Schedule III hearings continue, operators across the country are watching closely. Some are optimistic. Others remain skeptical. Most are simply waiting to see what happens next. The hearings...

The $50,000 Mistake Cannabis Operators Make Every Month ...

Most cannabis operators spend significant time focusing on cultivation, manufacturing, retail operations, compliance, staffing, and growth. Unfortunately, accounting is often pushed to the bottom of the priority list until there is a problem. The month-end close process is one of the most important ...

For years, cannabis operators have faced a challenge that few other industries have experienced: building profitable businesses while operating under the limitations of Section 280E. The conversation around Schedule III is changing that discussion. Whether the final outcome arrives this summer or la...

What Cannabis Investors Really Look For in Your Financial Statements As the cannabis industry continues to mature, investors are becoming more selective about where they deploy capital. A few years ago, rapid growth projections and market excitement were often enough to attract attention. Today, inv...

There is a reason so many businesses start with QuickBooks. It is familiar.It is approachable.It is relatively simple to learn.And for many companies, especially in the early stages, it works perfectly fine. I’ve used QuickBooks myself in multiple businesses over the years. At TenFour Logistics, Q...

By Jeff Calloway | CFOCannabis For many cannabis operators, month-end close feels like something that happens after the real work is done. The cultivation team harvested product.The dispensary processed sales.Payroll ran.Bills were paid.Inventory moved. Then somewhere near the end of the month, acco...