Budding Financials Launches to Deliver Critical Compliance and Financial Support for Legalized Marijuana Industry

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Firm aims to help entrepreneurs effectively scale and navigate highly-regulated environment

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Budding Financials, an Austin-based financial services firm, today announced the launch of its suite of financial and compliance services, custom-tailored for retailers and growers in the medical and recreational marijuana markets.

The firm aims to enhance financial sophistication and inventory management practices in the newly legalized marijuana markets, helping entrepreneurs navigate complex industry regulations and allowing them to focus on growing their business.

Comprised of a team of seasoned financial experts, Budding Financials provides compliance, cash and inventory management, and data and analytics services tailored specifically to businesses in the marijuana industry. The company’s team has served the industry since marijuana legalization began in 2014, with the deep knowledge and experience needed to help companies successfully expand into additional markets as marijuana legalization becomes more widespread.

“The marijuana space is primed for rapid growth with new market entrants every day, but it faces unique challenges that come with extremely strict regulations,” said Derek John, CEO of Budding Financials. “The Budding Financials team has a passion for supporting entrepreneurs and the compliance expertise and financial acumen to help shape the future of this new industry. We are excited to help these companies grow intelligently by taking better control of their finances, and look forward to providing the peace of mind that comes with knowing your business is protected.”

In addition to providing compliance and financial services, Budding Financials is currently in Beta for a comprehensive software platform aimed at providing marijuana companies with self-service solutions for streamlining financial planning, operational processes, and financial and regulatory reporting. The software will include POS systems reporting, cash variance and re-order point analysis, inventory management and team performance tracking, and is slated for Beta launch in the coming months.

Companies interested in taking advantage of Budding Financials’ current services or becoming a Beta user for the upcoming software launch can find more information at http://buddingfinancials.com/.

About Budding Financials
Budding Financials in an Austin-based financial services firm, providing critical compliance and financial services for the legalized marijuana industry. The company’s suite of services help marijuana entrepreneurs navigate the highly-regulated industry, providing better protection for business, driving cost savings and positioning companies for expansion and long-term success. Created by its team of experienced financial professionals, Budding Financials is currently accepting Beta customers for its upcoming financial software platform. For more information on the company’s current services and to get on the list as a Beta software customers, visit http://buddingfinancials.com/.

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Molly W. George