RoseRyan’s New Cannabis Solution Helps Companies Level Up Their Finance and Accounting So They Can Scale and Grow


Media Contact:
Sarah Grolnic-McClurg
Pounce PR
510.898.1837

Newark, Calif., April 17, 2018—RoseRyan, the San Francisco Bay Area finance and accounting consulting firm that takes companies further, faster with proven finance solutions, today unveils its Cannabis Solution.

According to the consulting firm, cannabis companies are eager to set up robust finance frameworks to support their rapid growth in the extremely dynamic market. RoseRyan, which was founded in 1993 and enjoys a stellar reputation in the Bay Area, accelerated its involvement in the cannabis market after California voters passed landmark legislation in 2016 legalizing the adult use of recreational marijuana.

“Today, we’re formally introducing RoseRyan’s Cannabis Solution, which tackles cannabis companies’ most pressing finance and accounting needs so they can advance to the next stage, be investor-ready and tap into our strong partner network to help them build their own trusted ecosystem,” explains RoseRyan Vice President Maureen Ryan. “We’re taking best practices from our tech and life sciences experience and bringing it forth, tailored, for the canna industry.”

New Solution Addresses Major Finance Challenges for Cannabis Companies

Attacking the common pain points of cannabis companies, the RoseRyan Cannabis Solution offers:

  • A rapid diagnostic review of key finance and business processes to swiftly expose gaps.
  • An outsourced finance team to establish a solid finance framework, bringing both strategic-level finance expertise plus day-to-day accounting support. The framework includes best practices, systems and processes for reliable and accurate financial reporting, business planning and forecasting, cash management, inventory tracking and more.
  • Guidance on optimal fundraising levels, capital uses and growth plan strategies from the firm’s CFO experts.
  • Strategic-level game planning on exit strategies, M&A and partnership scenarios for perpetual readiness for opportunities.
  • Access to a wide ecosystem of expert firms including tax, legal, valuation, payroll and marketing, to help companies build up, or round out, their own ecosystem of trusted partners.

The Cannabis Solution uses best practices at every stage of growth, from startup to enterprise.

“I’m impressed with what RoseRyan has brought to the table in terms of a flexible combination of CFO-level thinking and everyday accounting as our outsourced finance team,” says Dr. Paul Lessard, president and chief scientist of Delta 9 Laboratories, a medical and recreational cannabis company based out of Santa Cruz, Calif. “They helped us get our books in order at a critical time with just the right finance expertise for what we needed. I’m confident they will be a valuable resource to those seeking financial compliance and accountability in a newly regulated market.”

New Solution Solidifies the Finance & Accounting Consulting Firm’s Involvement in the Market

In addition to attending numerous cannabis conferences and trade shows, RoseRyan has added its finance and accounting expertise to the field with a number of published articles, a webinar and its own blog series. In June 2017, for instance, the National Cannabis Industry Association published the firm’s look at how to build a company’s financial backbone (RoseRyan has been an NCIA member since 2016). In October, RoseRyan produced a webinar, The Pot Thickens: Building a Successful Cannabis Business in California, that was covered by Cannabis Business Times. Available as a replay, the one-hour panel of industry experts covers legal considerations, business structures, and several industry issues and opportunities. The consulting firm plans another webinar this year.

RoseRyan first entered the cannabis field in 2014 while providing its small business solution to Nemus Bioscience and playing a critical role in the company quickly becoming public. Nemus works on cannabis-based therapeutics, and following its successful reverse merger, it landed Series E funding in May 2017.

“We’ve really enjoyed getting to know key players in this space, especially in the white-hot California market,” says Chris Vane, a RoseRyan director. “Despite some unique challenges to this industry, most business issues facing cannabis companies are common to what others in explosive growth markets experience. They need to get their financial house in order.”

He adds, “Our finance solution professionalizes their finance operations, brings CFO-level insights and prepares them strategically for whatever lies ahead. In a highly volatile market, establishing a stable financial framework and a partner ecosystem is critical for success-even survival.”

Ready to Hit the Gas for Your Cannabis Business?

Contact RoseRyan Director Chris Vane at cvane@roseryan.com to learn how RoseRyan can boost and transform your growing cannabis company.

About RoseRyan
RoseRyan takes dynamic companies further, faster, by delivering specialized finance and accounting solutions at every stage of your company’s growth. Versed in Silicon Valley’s rapid pace and unique business environment, our consulting firm has helped more than 800 companies achieve success since 1993. Our focus is on the tech, life sciences and cannabis sectors, yet our experience and expertise allow us to consult in other industries; ecommerce, mobile, internet and social media among them. No matter what stage in the business lifecycle you’re at, the size of your business or the scale of your next endeavor, RoseRyan has the wide-ranging solutions you require to accelerate growth. Learn more at www.roseryan.com.

The Bay Area News Group Names RoseRyan a Winner of the 2017 Top Workplaces Award

News Release

Media Contact:

Sarah Grolnic-McClurg
Pounce PR
510.898.1837

The Bay Area News Group Names RoseRyan a Winner of the
Bay Area 2017 Top Workplaces Award for the Third Year Running

 

Best_Places_to_Work_2016
Newark, Calif., June 26, 2017- RoseRyan, a leading accounting and finance firm that delivers specialized consulting services, has been awarded a 2017 Top Workplaces honor by the Bay Area News Group. The Top Workplaces™ lists are based solely on the results of employee feedback, and this year’s award marks the third year running that RoseRyan has made the list.

The list appeared yesterday in a Bay Area News Group supplement found in media outlets around the region, including the The Mercury News.
RoseRyan’s workplace culture scored highly in the categories of agreement and understanding as well as performance and connection, and it ranked 11th in the Small Companies category, surging up the list by 25 spots.

The consulting firm, founded in 1993, received exceptional results for its overall organizational health.

“We’re absolutely delighted to be on this list for a third year straight,” says Kathy Ryan, RoseRyan’s CEO and founder. “It’s a testament to our open communication style, our alignment of strategy with core values, and our supportive and connected culture.”

Adds Ryan, “We’re hiring! We encourage Bay Area finance and accounting professionals at the top of their craft to join our healthy and stimulating workplace. This summer, we’re specifically looking to add professionals with three to seven years of experience to our finance dream team.”

About the Survey: Organizational Health and Job Satisfaction
Conducted by WorkplaceDynamics, the confidential employee survey behind the elite list released yesterday assesses employees’ opinions about their jobs and their employer’s long-term outlook.

“The Top Workplaces award is not a popularity contest. And oftentimes, people assume it’s all about fancy perks and benefits,” says Doug Claffey, CEO of WorkplaceDynamics. “But to be a Top Workplace, organizations must meet our strict standards for organizational health. And who better to ask about work life than the people who live the culture every day-the employees. Time and time again, our research has proven that what’s most important to them is a strong belief in where the organization is headed, how it’s going to get there and the feeling that everyone is in it together.”

Claffey adds, “Without this sense of connection, an organization doesn’t have a shot at being named a Top Workplace.”

Hiring Finance and Accounting Professionals
RoseRyan is hiring accounting and finance professionals across the board for finance engagements throughout the Bay Area at all types of client companies, with an emphasis in the tech and life sciences sectors. Learn more about our part- and full-time positions here: www.roseryan.com/land-your-dream-job.

To start the conversation about a career in finance and accounting consulting with RoseRyan, contact Michelle Hickam, talent manager, at mhickam@roseryan.com.

Explains Hickam, “Our culture is very friendly and collaborative here at RoseRyan. We really do function amazingly well as a team, and it makes RoseRyan a special place to work. We’re excited to welcome more savvy finance pros to the team throughout 2017, so reach out to me if you’re looking for a change.”

About WorkplaceDynamics LLC
Headquartered in Exton, Pa., WorkplaceDynamics specializes in employee feedback surveys and workplace improvement. This year alone, more than 2 million employees in over 6,000 organizations will participate in the Top Workplaces campaign-a program it conducts in partnership with more than 40 prestigious media partners across the United States.

About RoseRyan
An award-winning consulting firm based in Silicon Valley, RoseRyan takes dynamic companies further, faster, by delivering specialized finance solutions at critical moments. We’ve been the finance dream team since 1993 to more than 750 companies at all stages of growth in the San Francisco Bay Area and beyond. Along the way, we’ve also enjoyed national recognition for our leadership and innovation. While we focus on tech and the life sciences sectors, we consult with companies in any industry to boost them through finance challenges. Across all stages of their journey, for companies large and small, we accelerate startups, help manage growth, tame tricky transactions, and conquer complexity. Learn more at www.roseryan.com.

 


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