Entrepreneurs
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10 Rules for Choosing the Right Audit Firm (and Getting Audit‑Ready)
The email comes in from your board chair: “We should probably get a real audit this year.” You’ve grown past the “bookkeeper plus annual tax return” phase. There’s outside money …
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Cannabis Business Audit Checklist for Business Owners: 9 Things That Matter
The Letter Every Cannabis Operator Dreads You arrive at your dispensary or cultivation facility and find an official envelope stamped IRS, State Tax Board, or Department of Cannabis Control. It’s not junk mail — it’s an audit notification. For cannabis entrepreneurs, …
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A Founders’ Guide to Fixing Cash Flow Emergencies Before Payroll: 9 Fixes
When Payroll Meets Panic It’s Friday morning. Payroll runs Wednesday. You open the banking app and your stomach clenches — the balance won’t stretch. At that moment, your company shrinks to one question: “How do …
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Why Your Bookkeeper Can’t Keep Up After $5M Revenue: 5 Reasons Traditional Bookkeeping Fails At Scale
When Growth Outruns Your Books Crossing the $5 million mark should feel like momentum — steady revenue, loyal customers, predictable demand. But for many founders, this milestone brings a new surprise: …
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How VC-backed Startups Should Plan For Year-end Audits
The Email Every Founder Dreads It’s late, your inbox pings, and the subject line reads: “Audit Kickoff: Next Month.” Instantly, the adrenaline hits. You start scanning last year’s folders and Slack threads, realizing half the receipts live …
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9 Audit Myths That Cost Founders Time & Money
The Word “Audit” Shouldn’t Stop Your Heart You check your email late Friday evening. The subject line says: “IRS Notice — Response Required.” Your pulse spikes. Your mind races to …
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NJ Weed Laws 2022
Curious to learn more about NJ weed laws in 2022? Northstar has you covered! As New Jersey’s legal cannabis marketplace begins to take shape, some rules and regulations will apply. …
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Cannabis Angel Investors The Ultimate Guide
Despite the fact that the space is still maturing, the legal marijuana industry has captivated many high-profile cannabis angel investors. Several platforms focused on funding these operations have been on the rise, and …
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Future in Accounting for Cannabis
The future in accounting for cannabis is looking good. However, at this point, the space isn’t completely clear. There are still many uncertainties plaguing cannabis companies, particularly in the accounting department, although this …
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Cannabis CFO Service Insight
Wondering what a cannabis CFO service entails? You’re in the right place! If you’re visiting this page, you’re likely wondering what a cannabis CFO service entails. As more competition enters the space, it …
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Accounting for Cannabis Inventory
Accounting for cannabis inventory is essential for dispensary owners and retailers alike. This, of course, involves an effective and efficient POS system that offers costing methods for appropriate inventory valuation …
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Cannabiz Accounting Advice for 2022
Looking for cannabiz accounting advice to expand your share of the legal cannabis industry? You’re not alone! As the cannabis market matures, cannabusinesses are looking for ways to streamline their accounting processes, …
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What are Liabilities in Accounting?
If you’re here, you’re wondering, “What are liabilities in accounting ?” Simply put, liabilities in accounting are the organization’s financial obligations. But what does this mean exactly? Companies have liabilities that …
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Is Marijuana Legal in Ohio?
Many wonder whether marijuana prohibition is still a thing in Ohio. The answer shouldn’t surprise you! As more and more states begin to regulate marijuana, Ohio has been doing so …
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Michigan Marijuana: Everything You Need to Know
Michigan’s Marijuana Regulatory Agency is in charge of cannabis laws in the Great Lake State. However, these laws impact several parties. Adult recreational consumers, medical marijuana patients, and caregivers will …
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Jersey Medical Marijuana Program Insight
Looking for information about how to serve medical marijuana patients in New Jersey? Or perhaps you want to get a medical marijuana card in Jersey. Medical marijuana patients need to …
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Cost to Start a Grow Operation
The cost to start a grow operation can be quite high. But it ultimately depends on what you’re willing to invest. Minimally speaking, the cost to start a grow operation …
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Cannabis Dispensary Profit Margin Insights
Operating a cannabis dispensary ? Thinking about dipping your toes in the cannabis industry as a dispensary owner? In this post, we cover everything you should know about operating a successful cannabis …
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Virginia Marijuana Legalization FAQs
Now that Virginia marijuana legalization is just on the horizon before marijuana sales begin, it’s important to understand the rules in place. The Cannabis Control Authority of Virginia will regulate …
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Virginia Marijuana Laws, Penalties, & Sales
Virginia cannabis laws weren’t as in-depth in 2020. But on April 7, 2021, everything changed when Virginia became the first Southern state to start the process of making adult-use cannabis …
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Fractional Cfo Service for Cannabis
An experienced CFO is critical for ensuring compliance with the many rules, laws, and regulations that govern all aspects of legal cannabis. As the legal cannabis industry continues to grow, so …
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