Jay Caplan

CEO

LJ Capital Partners

 
 
 

See Jay speak on this panel

Jay Caplan is Co-Founder and Principal of Tuross Group, an outsourced financial operations and advisory firm serving complex, highly regulated businesses across the United States. He operates as an embedded CFO, leading finance functions for companies ranging from early-stage operators to multi-entity businesses generating up to $50MM in annual revenue.

At Tuross Group, Jay leads a global team of 50+ professionals that runs day-to-day financial operations—accounting, payroll, AR/AP, inventory, and reporting—while delivering financial data that is consistently no more than 24 hours current. The firm is deeply embedded in the cannabis industry, supporting operators across cultivation, manufacturing, distribution, and retail, with a strong presence in New York and California.

Jay is known for a systems-driven approach to cannabis finance, with deep experience in 280E mitigation, cost accounting under 471(c), multi-entity structuring, and building lender- and investor-ready financials. His work focuses on helping operators move from survival mode to scalable, disciplined businesses by implementing real financial infrastructure—not just accounting.