The first two years of legal adult-use sales in California have forced many companies into crisis mode. The global pandemic has exacerbated the issues plaguing already struggling operators in the Golden State. Conditions are likely to get worse before they get better for many operators, underscoring the need for businesses to formulate a viable survival plan. What do you need to plan for now to weather the storm moving forward?
In this session, you will learn:
- Tips for understanding your finances and managing your cash flow
- How to appropriately budgeting for hefty tax burdens at both the state and federal level
- How to navigate your supply chain to maximize profit margins