After working with 10-15 different cannabis management systems, cannabis accounting specialist Andrew Hunzicker found the solutions were “filled with bugs, have had significant downtime, and have many features that simply don’t work.”He found further that among the existing cannabis management solutions there was not one that was “reliable, effective, or efficient.”Unfortunately,…
When importing data into Acumatica using the Integration tools, I was under the impression you needed to have the key to a record in your data to update the existing record. A good example of how to resolve this issue is the way the MaxQ Cannabis solution reconciles lab testing records.
After a big media buildup and much anticipation, recreational cannabis finally became legal in Canada.The results out of the gate were mixed, with sales surging in some places, lagging in others, and supply shortages making it difficult for many Canadians to purchase legal cannabis.One thing became clear: Canadians love cannabis.Big…
To say that Power BI has been a game-changer for HR consulting firm APTMetrics may be an understatement, according to CFO Marty Kelly.Kelly credits Power BI with not only improving his company’s performance, but with making his job and those of his co-workers an order of magnitude easier and more…
In this series, we answer real-life questions from Acumatica users. QUESTION: I have a variance in my PO accrual report. How do I correct it? ANSWER: If you have a report in which there is an accrual account difference, the cause may be multiple Reversals of AP Bills. If this…
MaxQ chose Acumatica ERP as the platform on which to build advanced business solutions because of its modern cloud-based design, integrated architecture, comprehensive feature set, user-friendly interface, advanced automation capabilities, and more.It is therefore satisfying to see these same qualities recognized and validated by analysts and product reviewers in their…
With recreational cannabis on the brink of becoming legal in Canada, major Canadian cannabis companies are making strategic moves to strengthen their positions.While the Canadian market for recreational cannabis will be sizable, big Canadian cannabis producers like Aurora Cannabis, Canopy Growth Corp., Tilray, and Aphria are positioning to become leading…
“Reversal of fortune” is the perfect way to describe the legal and economic comeback of the hemp plant in the United States. Banned and abandoned by farmers for decades in the U.S., the legal resurgence of hemp coincides with an exploding demand for CBD oil, which is fueling what is…
The price of legal cannabis has been dropping at a steady rate, and the outlook is for a continuing decline before the market levels off. Small cannabis manufacturers and dispensaries are being driven out of business, and large manufacturers that fail to take measures to minimize production costs are at…
As the saying goes, money talks—and the large amount of money being invested by alcohol and cannabis companies in joint ventures speaks volumes about the direction the cannabis industry is taking.This trend was underscored by the recent announcement that liquor giant Constellation Brands was investing $4 billion in Canada’s Canopy…
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