New markets to cannabis can benefit from the mistakes made in the past. Capital needs will exceed projections and good record keeping, internal policies and procedures as well as prudent tax planning can help you succeed during these challenging times. This secession will help you develop best practices so that your company can grow and obtain investor confidence.
Commercial cannabis real estate is hard to secure and expensive to make operational. Understanding the challenges is key to ensuring you don’t waste time or money. From choosing a location that meets zoning laws to understanding whether to lease or purchase to securing insurance and creating realistic construction timelines, this session will cover it all. We’ll take you through the important aspects to consider when securing commercial cannabis real estate all while preserving crucial capital.
Commercial cannabis real estate is hard to secure and expensive to make operational. Understanding the challenges is key to ensuring you don’t waste time or money. From choosing a location that meets zoning laws to understanding whether to lease or purchase to securing insurance and creating realistic construction timelines, this session will cover it all. We’ll take you through the important aspects to consider when securing commercial cannabis real estate all while preserving crucial capital.
Commercial cannabis real estate is hard to secure and expensive to make operational. Understanding the challenges is key to ensuring you don’t waste time or money. From choosing a location that meets zoning laws to understanding whether to lease or purchase to securing insurance and creating realistic construction timelines, this session will cover it all. We’ll take you through the important aspects to consider when securing commercial cannabis real estate all while preserving crucial capital.
What is plant sap analysis? How is it different from dry tissue analysis? How and when do you collect samples for submission to a plant sap laboratory? How do you read a plant sap report and interpret the data? And most importantly how do you make management decisions from that data? All this will be addressed in a rapid fast passed presentation
Cannabis businesses are faced with higher compliance costs and higher taxes when compared to other types of businesses. Additionally, in a lot of states, the markets are saturated, and there is increased competition. Many times the owners are wearing so many hats— many of which they should not be doing because they don’t like it, is not productive, or are a good use of their time. There is a system to create a path to a more successful and profitable cannabis business. Attendees will learn how cash is more important than profit and how profit is more important than revenue. The five drivers of revenue, profit, and cash flow will be taught. Attendees will also learn about targets and forecasts and how they should let the right numbers drive their decisions. We will demonstrate how to keep a scoreboard about what to do every month to keep on track to achieve higher profits and increase cash flow. Lastly, the audience will learn how to create financial objectives and actionable plans to move the needles closer to their targeted numbers.
Industrywide, it’s estimated that between 95 and 99% of all cannabis-related transactions are carried out in cash. There isn’t one reason why this is the case, rather it’s a trifecta of causes – legal, financial, and social. Until all three of those are relaxed, cash volumes will continue to pour into the cannabis space. This session will share insights into how the industry can benefit from the idea of “cash automation” or leveraging technology to better manage, count, and store cash.
The legal adult-use cannabis market in New York has opened with a unique employment law. Unlike other major markets such as California and Colorado, there are currently no known licenses or cards required to be an employee at a New York cannabis facility. I will discuss the best practices necessary for owners to properly navigate the nascent market and attract top employees for their new cultivation, dispensary or truck-based businesses.
Odor is the industry’s biggest public-facing problem – and we are not winning. We will define the current challenge and look at the coming regulatory impact on odor control. A deep dive into why people complain about odor and why it’s complicated is next. Explore available odor control technologies and see what’s working and what’s not. Understand the science of odor elimination. Leave attendees with a clear understanding of challenges and solutions around cannabis odor.