Cannabis growers and producers rely on entry-level accounting systems (like QuickBooks) and spreadsheets to run their complying with state regulations. Whether it’s entering data into a state-mandated system—like Metrc or BioTrack—or reacting to auditors who drop in for a surprise visit, there’s 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 you’re 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 Silver—our Director of Horticulture Solutions—and Matt Goodson—a Senior Consultant for Velosio—present the reporting and business intelligence (BI) capabilities you can leverage in 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. In this blog, we outline the 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. It’s just as critical to document product testing and the monitoring of waste to comply with state regulations. If you…
For cannabis growers and producers, streamlining production to drive profitability is about end-to-end planning. It starts with forecasting sales to plan the resources (people and equipment) you need so your growing and production processes meet the customer demand. Along the way, you need to factor in state testing and quarantining requirements as well as how…
Product quality and potency yield: the cornerstones on which every cannabis producer builds their business. The quality of your finished products gets customers to buy from you and keeps them coming back. The potency yield you generate from the plants you process will greatly impact your production capabilities. The greater the THC and CBD yield,…