It’s not uncommon to find that cannabis has become more widely accepted in American society over the last few years, so the Expensify and Bridge West team have teamed up to provide a webinar on best practices for growing and scaling your cannabis company.
Cannabis as a growing market in the US
As of 2023, cannabis businesses have become more popular due to a number of reasons, including:
- The legalization of recreational marijuana use in 23 states, as well as D.C. and Guam (usnews.net).
- Increase support all around the country — 68% of Americans support legalizing recreational marijuana (pewresearch.org).
- Mainstream, cultural acceptance: following the NHL and MLB, the NBA officially removes marijuana from their banned substances list and allows players to invest in cannabis companies (forbes.com).
While progress is modest but steady, we can see the shift in perception as cannabis becomes more mainstream in both medical and recreational use. Learn how cannabis businesses like yours can take their company to the next level by joining this webinar.
Work with experts to stabilize, grow, and scale your company
The cannabis industry is a rapidly growing market that requires diligent management of financial resources. Bridge West and Expensify have partnered to bring you an interactive webinar on how companies can harness the benefits of today’s technology to streamline their spend management, including their expense management processes.
If you’re the owner of a cannabis business interested in how you can take advantage of Expensify’s expense management platform, you’ve come to the right place!
Key learning objectives for webinar attendees
In this informative and insightful webinar, our industry experts will explore how technology can help streamline expense management for cannabis businesses. Webinar attendees will learn how to:
- Increase efficiency and save time by automating the expense tracking process.
- Easily capture receipts and automatically categorize expenses.
- Gain real-time visibility into your business expenses.
- Improve compliance and accuracy by reducing the risk of errors.
- Simplify the reimbursement process for employees and contractors.
- Generate reports quickly and easily for tax and accounting purposes.
- …and more!
Spaces are limited, reserve your spot in the webinar today.
Your cannabis business webinar hosts
In this one hour webinar, you’ll be learning the ins-and-outs of Expensify with experts from Expensify and our partner at Bridge West:
Gabe Essner – Partnerships, Sales, and Product Manager at Expensify
Gabe Essner has more than eight years of sales and product experience with Expensify, specializing in implementations, integrations, support, and product demonstrations. Gabe’s experience in developing partnerships, particularly with accounting firms and thought leaders, has also made him well-versed in accelerating growth with his partner firms of all sizes. Born and raised in San Jose, California, Gabe is a graduate of San Diego State University. Beyond his professional life, Gabe enjoys outdoor activities, including snowboarding and golf.
Cory Parnell – Chief Operating Officer, Bridge West
Cory has been involved in the cannabis industry since 2015, and as one of the leaders of Bridge West, he assists in managing the firm’s Cannabis Team to provide exceptional client service to their clients. Cory advises cannabis clients through challenging business and regulatory environments. His technical and advisory services to cannabis clients range from minimizing the effects of IRS 280E, inventory management, inventory costing, cash management, and preparing financial statements. Bridge West serves over 600 license holders throughout the US.
The shifting landscape for cannabis business owners
As business owners of cannabis companies, it can be difficult to navigate this from an entrepreneurial perspective due to the gray areas between federal and state. What businesses are allowed to work with which apps or banks? As a cannabis company, what legal issues might come up as a result of your business ventures?
While the road is not as nearly as fraught with obstacles as it once was, it can be difficult to navigate this all on your own from a financial perspective. One area of business we’ve seen be more open to working with cannabis companies is in tech. Firms such as Bridgewater work with cannabis companies to streamline their accounting and backend processes, while identifying the best-in-breed technology stacks that will work with your cannabis company, not against it.
Sign up for the FREE webinar today
Whether you’re a new cannabis business looking to streamline your expense management process or an existing business looking for expert help on Expensify can automate your preaccounting procedures, this webinar promises valuable insights for all. Sign up and reserve your spot in the webinar today.