This module provides a foundation in financial management for cannabis businesses by covering essential accounting principles, financial reporting, and internal controls. Participants will learn how to organize financial records, understand key financial statements, apply GAAP standards, differentiate between cash and accrual accounting, implement effective accounting procedures, and confidently interpret Profit & Loss statements to support informed business decisions.

Business Application Question:  What financial systems do you currently have in place, and how do you know they are accurate, complete, and usable for decision-making?