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Why Cash Flow is So Important For Your Cannabis Business and How to Get It

EPISODE · Apr 26, 2022 · 17 MIN

Why Cash Flow is So Important For Your Cannabis Business and How to Get It

from The Business of Kush · host The Green Leaf CPA

One issue that seems to be coming up a lot lately for cannabis business owners is cash flow, and for good reason. If your business runs out of cash, and cannot borrow from somebody or get more investment capital, then it’s probably about to fail. For your cannabis business to be as healthy and prosperous as possible, you need to keep an eye on profit, but also on cash flow. So this week Chip hones in on cash flow and talks about four reasons why cash flow is so important.And even if profit is looking healthy it doesn’t mean you'll have positive cash flow to support growth, so Chip will also give you five tips on how to accelerate and create positive cash flow.Plus, we'll have our "News of The Day" segment.Want to learn more about anything discussed in this week's episode? Send an e-mail to [email protected] and let's discuss!What to listen to next:Episode 06 - What To Do When a Potential Investor Wants to Write You a CheckEpisode 15 - How to Build a Successful Dispensary with Christy and Haley from Haus of JayneConnect with The Business of Kush:Click here to Sign up to get e-mails from Chip Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook. And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community. Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.

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Why Cash Flow is So Important For Your Cannabis Business and How to Get It

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