August 3, 2019
Why Internal Controls Are Critical for Cannabis Companies
Internal controls are processes designed to ensure the reliability of a company’s financial reports, the effectiveness and efficiency of its operations, and its compliance with applicable laws and regulations. They are a must for every organization. But for cannabis companies, they are also a benchmark to establish credibility. Developing and implementing operational internal controls will …
June 21, 2019
To Attract Investors, Cannabis Businesses Need Strong Processes and Controls
Cannabis businesses that are seeking funding need to show that they are equipped to navigate the industry’s many challenges. Investors want to see that they have a strong operational framework and the right controls in place. Recently, one of the country’s largest vertically integrated cannabis businesses requested our Strategy and Transformation team’s help with …
June 5, 2019
Lesson from CannTech 2019: Create Your Own Strategy to Build Your Cannabis Brand
Members of the Armanino LLP Cannabis team recently attended the inaugural CannTech, Silicon Valley’s first major cannabis technology summit. CannTech focuses on accelerating the growth of the cannabis technology industry by bringing together entrepreneurs, industry executives and investors from across North America. (The summit also included a pitch competition for emerging startups with a grand …