Using Cannabis Business Data to Improve Your Profitability
Using Cannabis Business Data to Improve Your Profitability
Your cannabis business data is an incredible tool that you can use to improve the operation and profitability of your cannabis business.
In this presentation, we cover many topics about cannabis industry data and you can jump to any section in the video by clicking the time indicated below.
If you need help with analyzing your cannabis business data by a cannabis CPA, then please reach out to us at: https://greengrowthcpas.com/get-started/ or call 800-674-9050.
Why Cannabis Business Data Is Critical to Long-Term Success (2:26)
Benefits of Using Data to Guide Your Cannabis Business (4:38)
Ability to Look at Your Cannabis Business Objectively (4:52)
Ability to Diagnose & Optimize Your Business (5:53)
Ability to Spot Trends (Good & Bad) (6:37)
Increase Your Business Value (7:45)
Cannabis Retail Stats to Watch (9:36)
Customer Acquisition Cost (CAC) (9:47)
Customer Lifetime Value (CLTV) (11:37)
Average Margin per Ticket (14:58)
Cannabis Cultivation Stats to Watch (16:18)
Average Cost & Sale Price/lb (16:29)
Yield/sqft (grams/sqft) (18:27)
Stats for ALL Cannabis Businesses to Watch (Cannabis Accounting) (19:46)
Quick Ratio (19:59)
Weekly Cash Flow Forecast (21:31)
Cannabis Inventory Aging Report (23:02)
Customer Satisfaction (25:55)
Does GreenGrowth CPAs perform GAAP Audits? (30:49)
I think I’m going to use your videos for training and informational purposes. Thank you for the quality content. Is there a video of yours that is kinda like a “everything to consider”?