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April 23, 2025
Education

Committee Blog: Finance for Cultivators – How to Get Out of the No-Profit Loop


You’re growing great weed, but the money isn’t adding up. Your profits are either inconsistent or worse- non-existent. With so much to manage- from production to inventory to cash flow- it’s hard to track it all. You are not alone.

If you’re stuck in a loop of too little profits, too many bills, and not enough time, our upcoming webinar “Cannabis Cultivation Finance: What You’re Missing For Better Profitability” is a must-attend. We’ll break down the three biggest financial blind spots that trip up cultivators. No overwhelming accounting jargon and numbers, just practical advice you can act on now.  

You’ll learn:

  • How to calculate your true cost of production, including value-adds like trim and smalls.  
  • Simple inventory tracking systems so you always know where your products and money are.  
  • Cash flow tools to smooth out the long turnaround from planting to getting paid, so you don’t get surprised by shortfalls.

You’ll be empowered with the knowledge you need to move from survival mode to strategic growth, even when the government takes its cut.

Your speakers, from NCIA’s Cannabis Cultivation Committee:

  • Velvet Kavanagh, a cannabis business consultant with experience in the legacy and legal sectors.  With 20+ years of business ownership in emerging and tight-margin sectors, she helps cannabis leaders build profitable, lasting companies.
  • Raymond Guns, CPA, a Dope CFO accountant who understands cultivation management and how to simplify complex tracking systems.  He talks about money in plain language so you have the financial knowledge to make more confident decisions.

With visual tools, time for q + a, and free resources, this webinar is a must-attend whether you are new to money numbers or a finance wiz looking for cultivation-specific insight.

Don’t let another week go by losing time and money to financial systems that aren’t working for you.  It’s time to take control so you can break out of the no-profit loop.

Register for this game-changing free webinar today.

Author & Company Information

Velvet Kavanagh

Written by Tagline I help cannabis entrepreneurs build businesses that are profitable, lasting, and true to your passion.

The legal market is tough, stacked with regulations, financial hurdles, and competition. Too many craft, legacy, and small business owners struggle to make it work.

With 20+ years of company ownership in emerging sectors, I will help you go from barely surviving to thriving. Based in the cannabis-rich Kootenay region of British Columbia Canada, with ties to both the legacy space and legal operations, I understand the mindset, the pressure, and the opportunities.

By focusing on leadership, marketing, and financial strategy, I help you cut through the chaos to build a company that lasts.

Contacts

grow@phenologic.ca

Committee Blog: Banking Guide for Cannabis Industry Veterans

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