
The Cannabis Accounting Podcast
EP 229: Cannabis Procurement Expert On The Cash Hiding In Aging Inventory
In this episode of the Cannabis Accounting Podcast, host Raymond Guns sits down with Eric Halpern, founder of The Halp Center, to break down how cannabis retailers can buy smarter, turn inventory faster, and stop tying up cash in the vault. Eric started his career as a big box pharmacist and moved into Connecticut's medical marijuana program in 2019, when dispensaries had to be run by pharmacists. Over six and a half years at Fine Fettle, he went from buying for a single store to leading commercial strategy for 11 locations across Connecticut and Massachusetts. Eric breaks down: Cash hiding on the shelf: the simple ratio he runs first with every client ️ Clean data before any analysis: How duplicate products and messy categories hide the truth Vendor managed inventory: With buyers juggling 40 to 60+ vendors, why brands that can turn retailer data into suggested orders will have an edge Pharmacy meets cannabis: Why beverages are a low-stakes entry point and what Schedule III could mean for medical patients Eric's view of the next few years is measured: prices and taxes that make sense for customers, beverages as a familiar way to try cannabis, and a slow path toward pharmacy and insurance for medical. His parting advice for operators is refreshingly practical. Know how many days of inventory you're holding, how many you should be holding, and how much cash that gap would free up. Subscribe for deep dives on cannabis business, accounting, regs, and growth! The Halp Center: https://thehalpcenter.com/ Eric Halpern: https://www.linkedin.com/in/ejhalp/






