Cannabis and Hemp Cultivation Financial Model
This template works for a cannabis and hemp cultivation business. If you need a complete cannabis business plan package – Cannabis and Hemp Cultivation Business Plan Template. A complete business plan template package is everything you need to create a professional business plan for your business with expert financials and projections.
Should you have any questions, please contact us.
The Cannabis and Hemp Cultivation Financial Model works for a cannabis and hemp growing business and will help you estimate the costs and profitability of your cannabis growing business from seeds or clones, indoors, outdoors or in a greenhouse. The model uses a mix of assumptions to estimate all revenue and cost line-items monthly over a flexible seven year period, and then sums the monthly results into quarters and years for an easy view into the various time periods to create a set of financial statements, consisting of cash flow, income statement, and balance sheet, which allows you to build a complete financial model. For all inputs, you can easily set the start date and year for key decisions and the model adjusts automatically.
- There are six blocks for nursery, indoor, greenhouse, outdoor cannabis and greenhouse, outdoor hemp growing facilities with a choice of the number of harvests per year – 1, 2, 3, 4, 6, 12 or more. The model also has the ability to add other products and services.
- Flexibility to forecast all cost items. Direct, initial, selling, administrative, and all operational costs can be estimated with ease. Streamlined capitalization table lets you plan out financing rounds that flow into the model automatically.
- Type in the role, the salary, and when to hire, and the model computes your hiring plan and salary projections automatically. Flexible enough to fit company of any size, with customization.
- The Cannabis and Hemp Cultivation Financial Model focuses on cash flow, using the revenue and expense forecasts to model your cash burn and cash on hand at all times. The statements, main ratios and summary tables are ready to print.
- The income statement and balance sheet focus on just what matters, aggregating the potential revenue models, cash flow, and detailed financials into a simple, easy to use set of simple statements.
- “Data for BP” will help you complete a Cannabis and Hemp Cultivation Business Plan Template.
- Need Help? – We also provide email customer support to answer questions on how to use the model.
Cannabis and Hemp Cultivation Financial Model Sample (Michigan)
The Cannabis and Hemp Cultivation Financial Model is a fully-functioning Excel financial model to:
Get Instantly – The model is available instantly after purchase. Any new updates to the model can be downloaded for free.
Input your most important assumptions – The model is already customized for a cannabis and hemp growing business. Start using the model by inputting the most important assumptions, and the model will create a set of projections instantly.
Refine your Forecast – After you have input your most important assumptions, go into the detailed assumptions to fine-tune your model. Every input – variables with yields, growth rates, or manual inputs – can be modified and the model will update instantly. All formulas are open and editable, and thus the model can be customized further by changing how certain calculations are performed, and you can add in calculations for items specific to your business. In this way, the model is easy enough for someone with no knowledge of spreadsheet modeling to use, but can be infinitely customized with knowledge of Excel and financial mechanics.
Create detailed growing and revenue model.
Create funding estimates.
Create detailed expense forecasts broken down by cost of goods sold (COGS) and selling, general and administrative (SG&A) costs.
Create cash flow and income statement.
Understand your Forecasts – The model automatically creates summaries and graphs of key financial and operational metrics to understand what they say about your business, and use them for pitch and presentation materials.
Depending on how you choose to use the model, it can be a template or a tool to make decision about cannabis business starting. It can be a “plug-and-play” template, allowing you to enter the assumptions particular to your kind of business, and the model will calculate your complete forecasts automatically. If you’re looking to evaluate and understand your business, it’s likely that this is all you need.
This model for a hemp/CBD business is available at hempcbdbusinessplans.com.
We also offer a Hemp and Cannabis Vertically Integrated Business Plan Template.
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