As cannabis companies continue to move to the public markets in Canada, high quality inventory records become much more important. Not only is there greater disclosure and scrutiny of financial information, but International Accounting Standard 41: Agriculture (IAS 41) requires additional computations on biological assets (plants and all inventory derived from those plants) to bring […]
Over the past year, Bridge West has been working closely with many hemp and CBD clients on setting up their businesses and financial projections. The demand for CBD has sky-rocketed and farmers and business owners are very interested in supplying that demand. Although there are notable differences, and each industry has unique challenges, our expertise […]
In a previous blog I wrote that in Colorado and other states large harvests of outdoor cannabis would depress prices. That harvest is now hitting the market and we are seeing prices in the $400-$500. The price of indoor pounds has fallen to $1,000 or less, down from close to $2,000 a pound a year […]