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Cannabis CEO’s Guide to Cash and Cash Flow Forecasting

CANNABIS CEO's GUIDE TO CASH AND CASH FLOW FORECASTING

Cost Free
Presentation Length 1.0 hour

Recorded DateJanuary 27, 2023
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaManagement Services
Course LevelBasic
Course Description

Many cannabis businesses such as dispensaries, manufacturers, and cultivators tend to have a lot of cash on hand due to a lack of available banking services and solutions. Obviously, safeguarding massive amounts of cash is essential to day-to-day operations, but there are many other reasons why managing cash flow matters greatly. 

With improved cash flow comes greater peace of mind, greater profits, and better forecasting. A strongly safeguarded and managed cash flow shows investors and lenders that a business has specific internal controls in place to minimize the risk of losses due to theft or the misappropriation of funds.

Learning Objectives:


  • Define cash flow and why it’s important for success

  • Summarize cash, controls, and how to make sure to protect this crucial asset

  • Determine how to project cash flow

  • Identify tools needed to manage cash flow

  • Evaluate ways to improve cash flow

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Andrew Hunzicker, CPA

DOPE CFO
Founder and Owner
[email protected]
(405) 990-4370

Dopelogo

Andrew founded DOPE CFO and is an expert in cannabis startups, CFO services, turnaround and high-growth strategies, capital sourcing, mergers, exits, and wealth protection. He has served in the "Big 4," including PriceWaterhouseCoopers, and is the winner of the 1995 Gold Medal Award for the CPA exam’s highest score. Andrew was runner up for Portland Business Journal's CFO of the Year in 2017, making him the first cannabis CFO ever to be nominated.

About Our Presenter

Dopelogo
DOPE CFO is a nationally recognized training program for accounting professionals looking to service cannabis businesses. DOPE CFO provides access to cannabis businesses with trained accounting professionals that understand their specific needs.