Monthly Close and Reporting Package
Each monthly close produces a standard set of financial statements, income statement, balance sheet, and cash flow statement, along with a variance analysis comparing actual results to budget or prior period. For cannabis operators, we add a supplemental view showing 280E-adjusted effective tax rate and pre-tax versus after-tax margin, since GAAP net income alone can be misleading given the disallowed deductions.
Reporting for Lenders and Investors
Cannabis lenders in New Jersey typically require monthly or quarterly financial statements, covenant compliance certificates, and sometimes Metrc-supported inventory reports as a condition of financing. We prepare these packages in the format and frequency your credit agreement or investor agreement requires, and flag covenant issues early enough for ownership to address them proactively.
- Monthly income statement, balance sheet, and cash flow statement
- Budget-to-actual variance analysis
- Covenant compliance certificates for cannabis lenders
- 280E-adjusted profitability schedules
Multi-License and Consolidated Reporting
Operators holding multiple licenses or entities, for example a cultivation operation in one municipality and retail locations in others such as Camden and Princeton, need both entity-level statements for regulatory and tax purposes and a consolidated view for ownership decision-making. We produce both from the same underlying data set to keep the numbers consistent.
Board and Investor Presentation Support
Beyond raw statements, we help translate financial results into the narrative format boards and outside investors expect, including key performance indicators specific to cannabis operations such as yield per square foot, cost per gram, and revenue per license.
