Service
Fractional Cannabis CFO Services in Minnesota
Board-grade financial leadership for operators who need the judgment but not the salary.
Minnesota's adult-use market is young enough that most operators are still discovering their real unit economics. A fractional CFO's first job is to tell you which parts of the business actually make money.
We sit between the owner and the numbers: building the model, running the capital conversations, and pressure-testing expansion decisions before capital is committed.
What we own
Engagements are structured around a recurring cadence — a monthly financial review, a quarterly forecast rebuild and ad hoc support for transactions and lender conversations.
- Rolling thirteen-week cash forecast with tax and license fee timing built in
- Unit economics by SKU, category, room and retail location
- Annual budget, quarterly reforecast and variance narrative
- Capital structure planning, debt service modeling and covenant tracking
- Investor and lender reporting packages
- Pricing, margin and wholesale-versus-retail channel analysis
Capital in a constrained market
Cannabis capital in Minnesota is expensive and impatient. Operators who show up with a defensible model, clean historical statements and a realistic use of proceeds negotiate materially better terms than those who bring a pitch deck and an ambition.
We build the package, sit in the diligence calls and handle the accounting questions so the founder can sell the business rather than defend the spreadsheet.
Expansion decisions
Whether to add a second retail location in Bloomington, take on wholesale accounts in Duluth, or bring manufacturing in house are all cash and margin questions before they are strategy questions.
We model each scenario against real capacity constraints, license conditions and the after-tax result under Section 280E, which frequently reorders the ranking.
Frequently asked questions
How much time does a fractional CFO engagement involve?
Most Minnesota operators land between two and six days a month. Transaction or financing periods run heavier, and we scope those separately rather than stretching a retainer.
Do we need bookkeeping with you to use CFO services?
No, but the forecast is only as good as the ledger. If the books are unreliable we will say so and fix the reporting foundation before building a model on top of it.
Can you support a license application or capital raise?
Yes. We prepare financial projections, use-of-funds schedules and the supporting assumptions documentation these processes require.
Bring financial leadership in before the next decision
A short diagnostic tells you where margin is leaking and what the next twelve months of cash really look like.