Your top retail customer calls in for pricing and availability for 500 white wedding hydrangea shrubs. The sales rep isnβt sure whatβs available and asks if itβs OK to call the customer back. The customer is a little miffed as theyβre under pressure to find the shrubs but says theyβll wait for the call. The…
Itβs no secret that the differences in federal and state cannabis legislation can hinder business growth and financial stability, making it difficult for cannabis businesses to thrive in this highly regulated industry. Cannabis businesses face challenges in accessing financial services, limiting their banking options and impacting their operations and growth. And, with conflicting federal and…
Cannabis operators often face challenges managing their businesses with multiple systems and spreadsheets, which makes gathering and consolidating data time-consuming and inefficient. An end-to-end seed to sale software solution can significantly help by offering visibility, waste reduction, compliance integrations, and enhanced profitability. SilverLeaf is a leading cannabis software solution that provides tools and integrations to…
The greenhouse grower market continues to expand rapidly while supply chain costs continue to rise. But there is continued pressure to adopt modern grower technology. Given these trends, growers have to become more efficient in their operations. Manual processes supported by spreadsheets and entry-level accounting systems can work to a certain extent. But as the…
Cannabis growers and producers rely on entry-level accounting systems (like QuickBooks) and spreadsheets to run their complying with state regulations. Whether itβs entering data into a state-mandated systemβlike Metrc or BioTrackβor reacting to auditors who drop in for a surprise visit, thereβs a lot of scrambling to manually compile all the data from the financials,…
Something seems off in the pricing for the vape cartridges you sell to one of your major retail customers. Or perhaps the terms for another customer that buys large quantities of edibles have been extended to 60 days, and youβre not sure why. Both cases illustrate the need for cannabis growers and producers to closely…
Many growing cannabis producers have solved the challenge of using manual spreadsheets and entry-level accounting programs by transitioning to SilverLeaf CBC from Velosio as their ERP system. SilverLeaf is powered by Microsoft Dynamics 365 Business Central and integrates all financial and production functions to optimize cannabis business operations. In Part 2 of our Mastering Cannabis…
Sara Silverβour Director of Horticulture Solutionsβand Matt Goodsonβa Senior Consultant for Velosioβpresent the reporting and business intelligence (BI) capabilities you can leverage inΒ SilverLeaf, which integrates all the functions to optimize your cannabis business and runs on top of the best-in-class ERP platform, Microsoft Dynamics 365 Business Central. If you manage a cannabis business and are…
Maintaining a financially healthy business by understanding cash flow, generating revenue forecasts, and streamlining AR/AP is vital to the success of your cannabis operations. And when cannabis growers and processors begin to expand, it becomes even more crucial to have visibility into specific KPIs to protect the bottom line.Β Β In this blog, we outline theΒ five…
The keys to profitable operations for cannabis growers and producers start with gaining real-time visibility into production and inventory. This helps managers make decisions on how to streamline the end-to-end process of fulfilling customer orders. Itβs just as critical to document product testing and the monitoring of waste to comply with state regulations. If you…