Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

April 24, 2020

FP&A Plays a Critical Role for Cannabis Companies During COVID-19

During the current COVID-19 disruption, cannabis companies are relying heavily on analysis and reports from their financial planning and analysis (FP&A) teams to make crucial business decisions. Some are making decisions on a weekly or even daily basis due to market changes or new legislative measures. Needing to pivot quickly is not uncommon, as the …

Safety and Efficiency: What California Cannabis Dispensaries Need to Focus on During COVID-19

California cannabis dispensaries are in a unique position during the COVID-19 shelter-in-place orders because, in most local jurisdictions, they have been marked as essential businesses and are allowed to operate, albeit with increased local rules and regulations such as social distancing. Businesses often see sharp declines during times of crisis, but there are many that …

April 21, 2020

How Cannabis Investors Can Minimize Their Risk

With the disruption of COVID-19, minimizing risk is more crucial than ever for cannabis investors. They need to look closely at the businesses they invest in to make sure they have a strong operational framework and the right controls and technology in place to adapt quickly to an ever-changing environment. Here’s a quick look at …

April 20, 2020

Ready Your Cannabis Business for COVID-19 and Beyond

The cannabis industry continues to grow despite COVID-19. With that growth comes the pressure to adapt, respond and comply. Learn about the steps your cannabis business can take to ensure it thrives now and is ready for the future. The cannabis industry continues to grow despite COVID-19. With the constant demands on the industry to adapt, respond and comply, it’s important to make sure …

August 3, 2019

Come Out of COVID-19 Stronger With Improved Internal Controls for Your Cannabis Business

Blog updated May 21, 2020 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 especially so for cannabis companies, because they are also a benchmark to establish …

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 …