Effective Planning for the Changing Cannabis Industry Landscape
The emerging cannabis industry is dynamic and rapidly changing. There are different laws in different states. The industry is quickly consolidating with a lot of merger & acquisition (M&A) activity going on. It also requires vertical integration across the traditionally separate industries of retail, manufacturing and agriculture. The industry requires significant upfront investments, the need for flexible workforce planning and scalability. All these moving parts make effective planning, budgeting and forecasting a challenge.
Join the renowned Revelwood team and cannabis industry expert and guest speaker Hugh Do, co-founder of Brado Consulting and former director of FP&A for Parallel, for this webinar to gain insight on:
- Why cannabis companies require sophisticated and complex solutions for budgeting, planning
- The unique models required by cannabis businesses
- How Parallel, one of the largest privately held, vertically integrated, multi-state cannabis operators in the US, uses IBM Planning Analytics to accurately forecast cash flow, capital expenses, inventory and compensation
About Hugh Do
Hugh Do is the co-founder of Brado Consulting, bringing over 10 years of accounting and finance experience across many highly regulated industries. He has held various roles within the finance and accounting sector, including audit and assurance roles at a public accounting firm, as well as management roles in controllership and FP&A functions. As Head of FP&A at one of the largest privately held multi-state marijuana operators in the U.S., Hugh has built financial models, led budgeting and forecasting cycles, and managed cash to support operations and M&A activities. He played a pivotal role in the company’s rapid growth phase, transforming and scaling the finance function to support expansion across multiple states. Hugh’s expertise lies in working with companies undergoing major changes, such as restructurings, mergers and acquisitions, and rapid growth phases. He has a proven ability to quickly adapt and transform finance functions to meet evolving business needs and drive results. Hugh received his Bachelor of Science degree in Accountancy from University of South Florida.
If you have any questions or would like to receive a recorded version of this webinar, please contact us at email@example.com.