Managing & Safeguarding Cash Flow for Cannabis Businesses
Many Cannabis businesses such as dispensaries, manufacturers, and cultivators tend to have a lot of cash on hand, even six-figure amounts, due to there being 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. That’s not all. A...