What is NetSuite for Cannabis Companies?
NetSuite is a cloud-based ERP platform that streamlines accounting, compliance, inventory, manufacturing, and operations in one system. It’s designed to support cannabis producers, processors, and distributors as they scale while staying compliant with Canadian regulations.
From seed-to-sale tracking to real-time financial insights, NetSuite helps cannabis companies grow with control and confidence.
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How can NetSuite help my cannabis business grow?
NetSuite helps cannabis companies by:
- Automating manual workflows to speed up product commercialization
- Offering real-time visibility into costs, inventory, and compliance metrics
- Centralizing financials across multiple subsidiaries and entities
- Ensuring audit readiness with clean, consolidated data
- Supporting multi-currency and multi-tax operations across provinces
- Helping impress investors with data transparency and operational controls
What features are included in NetSuite ERP for cannabis?
Seed-to-Sale Tracking
Integrate with third-party systems to trace product lifecycle from cultivation to distribution with real-time updates.
Inventory & Grow Operations
Management Track production batches, optimize yields, and manage multiple cultivation facilities in one platform.
Compliance & Audit
Readiness Easily generate audit-ready reports to satisfy Health Canada and investor requirements, with full traceability.
Multi-Entity & Multi-Currency Financials
Use NetSuite OneWorld to manage multiple subsidiaries, currencies, and tax rules under a unified chart of accounts.
Manufacturing & Distribution
Support in-house production and third-party logistics with robust modules for demand planning, fulfillment, and order management.
Real-Time Financial Reporting
Access customizable dashboards, KPIs, and drill-down reports to make data-driven decisions and control spend
Integration Services (Boomi)
Connect NetSuite with cannabis POS, grow software, compliance systems, and other business-critical tools.
Can NetSuite integrate with my existing cannabis systems?
Yes. GURUS Solutions offers full integration services using Boomi and other middleware platforms. Whether you use a specialized cannabis POS, CRM, compliance solution, or grow platform, we’ll help connect it seamlessly with your NetSuite ERP for unified data and workflows.
Is NetSuite suitable for small and mid-sized cannabis companies?
Absolutely. NetSuite is modular and scalable, ideal for startups, licensed producers, vertically integrated operations, and multi-brand cannabis companies looking to future-proof their systems from the start.
How does NetSuite support cannabis compliance in Canada?
etSuite provides built-in audit trails, secure data controls, and custom reporting capabilities. It helps cannabis businesses maintain compliance with Health Canada by centralizing data, enforcing standardized workflows, and ensuring access to clean, real-time reporting during inspections or investor due diligence.
The Power of Partnership
GURUS’ Sherpa Approach gives you flexibility in how you implement NetSuite:
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Sherpa Coach – You lead the project; we guide and coach to mitigate risk.
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Sherpa Guide – A balanced 50/50 collaboration with your internal team.
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Sherpa Experience – We handle everything, immersing ourselves in your business for a white-glove implementation.
No matter the model, we tailor the implementation to your resources and goals.
How long does it take to implement NetSuite for a cannabis company?
Timelines depend on your company’s size, structure, and how complex your requirements are. Most cannabis ERP implementations range from a few months to under a year. GURUS’ cannabis-specific experience allows us to streamline the process and reduce costly delays.
Does NetSuite support multiple entities and locations?
Yes. With NetSuite OneWorld, you can manage multiple brands, subsidiaries, or locations each with their own books, currencies, and tax rules while maintaining real-time consolidated reporting at the corporate level.
What reporting capabilities does NetSuite offer cannabis businesses?
NetSuite includes advanced reporting features such as:
- Inventory turnover and yield analytics
- Budget vs. actual financial comparisons
- Custom dashboards for finance, ops, and compliance
- Real-time cost tracking and spend analysis
- Audit-ready financial statements and compliance logs
These tools empower cannabis companies to make smarter decisions, faster.
What ongoing support does GURUS Solutions provide for Cannabis Companies?
We’re more than an implementation partner. Post go-live, we support your cannabis business with:
- Optimization and automation services
- NetSuite upgrades and module expansions
- Custom scripting, workflows, and reporting
- Training and onboarding for new users
- Long-term strategic consulting as your business evolves
How can I get started with NetSuite for my cannabis company?
Request a free consultation with a GURUS cannabis ERP specialist. We’ll evaluate your existing processes, identify gaps, and help you build a tailored roadmap to implement NetSuite for faster growth, compliance, and operational efficiency.