Module 1 video 1: Cannabis Chart of Accounts
Module 1 includes four required video lessons. Please watch from LenderFit LMS Video 1 of 4: Cannabis Financial Cohort Part I – Understanding Assets = Liabilities + Equity by the last Monday of the month.
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Module 1 video 2: Profit & Loss / Balance Sheet
Fundamentals of creating and interpreting Profit & Loss and Balance Sheets for cannabis businesses.Please watch this video by the last Monday of the month to deepen your understanding of how to track income, expenses, and overall financial health in a compliant and strategic way.
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Module 1 video 4: Accrual Accounting vs. Cash Accounting
Accrual Accounting vs. Cash AccountingDescription: Understanding the differences and implications of accrual vs. cash accounting in cannabis operations.
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Module 1 video 3: GAAP Financial Documentation and Best Practices
Module 1 video 3: GAAP Financial Documentation and Best Practices
GAAP Financial Documentation and Best PracticesDescription: Ensuring compliance with Generally Accepted Accounting Principles (GAAP) tailored for cannabis businesses.Please watch this video in LenderFit by the last Monday of the month to strengthen your understanding of standardized accounting practices and ensure your financial records meet industry and regulatory expectations.
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Group Technical Assistance Session (Virtual)
We’ve set up these group technical assistance meetings to review the learning content from the past month live, giving you a space to informally ask questions of coaches or your peers. In June’s meeting, we’ll review: Learning Content: Financial Management Discussion topic: Goal setting for the cohort 🔗 Register here: Zoom
