From Seed to Ledger: How Cannabis Operators Are Modernizing Finance and Operations to Beat 280E and Margin Pressure

Cannabis businesses are growing despite constant pushback. Margins are tight, 280E drives up adult-use operators’ federal tax bill, and every new acquisition adds a layer of complexity. Many teams working across different jurisdictions still rely on clunky spreadsheets and disconnected systems to track inventory, costs and financials. That slows the close and leaves money on the table.

 

In this live webinar, Bill Fuesz, Sage Intacct’s cannabis industry lead [do we want to say what Sage Intacct is, too?], and Geoff Ellis, COO of Wherefour, a provider of cannabis ERP and traceability software, will share how leading operators connect their operations and finance to gain real-time visibility and scale with confidence while staying compliant.

You’ll leave with practical steps to modernize your back office, whether you run a single license or are leading a growing multistate operator.

Key takeaways:

  • How to structure cost accounting and inventory tracking to support a defensible 280E position
  • Best practices for consolidating multiple entities in an acquisition without slowing the close
  • How connecting operations and finance data improves margins
  • Ways to replace manual spreadsheets with automation that saves time and reduces errors
  • What finance leaders should look for when evaluating systems that can scale

Speakers

Bill Fuesz

Bill Fuesz

Sage

Chris Roberts

Chris Roberts

MJBizDaily

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