BUDGET & FORECASTING GUIDE
FOR AN EMERGING CANNABIS BUSINESS
Budget and Forecasting Guide for an Emerging Cannabis Business
This Budget and Forecasting Guide was designed to help a Cannabis start-up create projections that are realistic, manageable, and aligned with your company’s overall goals.
Creating an effective, annual budget is one of the most important steps a successful business can take as it allows you to operate within your means, identify pitfalls and ultimately generate a profit.
Within the cannabis industry, budgeting is even more important as the regulatory environment is always changing. Assumptions made in the first quarter may no longer be accurate in the second quarter as the business environment and market conditions evolve.
With 65 years of experience advising established and emerging companies, Sax Cannabis Advisors are at the forefront of the unique and complex cannabis industry.
Table of Contents
p1. Competition
p1. Customers
p2. Pricing of Products
p2. Pay Rates
p3. Starting a Budget
p6. Cost of Sales
p7. Tax Impact
p8. Operations
p8. Other Considerations
p9. Conclusion
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