Cannabis Business Master Class

Cannabis Business Master Class

By Cann StrategyBusiness
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Cannabis Business Master Class episodes

  • The 101 Basics to A Successful Dispensary (Part 1)

    Ever wondered why some cannabis dispensaries succeed while others falter? Together, we're going to debunk the mysteries and complexities of running a successful retail cannabis venture. We delve into the nitty-gritty details that make or break a dispensary - from understanding the unique desires of your customer base to locating your business in an area that attracts traffic and abides by local zoning laws. We'll give you a front-row seat into creating a unique selling proposition that not only aligns with your brand but also appeals to your customers. 

    We don't stop there. This episode also covers how to build a competent team that offers top-notch customer service. We share the secrets of leveraging social media platforms, the role of community engagement, and the importance of organizing educational events for the industry. Pay attention to the specific advertising rules in your state and local area as we guide you on how to develop a well-designed website and use SEO effectively. Tune in as we offer you insightful tips on how to set up your dispensary for success and ensure continual growth.

    Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.

    If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.

    Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.

    Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram


    Have a question or topic you want us to discuss? Email us at [email protected]

    And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"


    Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog

    35 min
  • Real Estate: The Underrated Key to Cannabis Business Success

    Are you ready to spark up your knowledge about one of the most essential, yet often overlooked aspects of the cannabis business - real estate? In this compelling mini-episode of the Cannabis Masterclass Podcast by Canns Strategy, we ignite a high-stakes discussion about why securing the right property isn't just a checkbox on a to-do list, but the bedrock of your future success. Come with us as we unpack the non-negotiables, like zoning laws and distance requirements, and navigate the unique challenges dispensaries face in finding prime retail spots due to stringent regulations. 

    But the truth is, it's not just about finding the perfect location. It's about understanding the intricacies of the cannabis real estate game. In this episode, we'll shine a light on the inflated fees in the cannabis space, and the challenge of finding landlords who are open to cannabis businesses. We'll help you understand why a well-versed real estate agent is a key ally in cannabis dealings and how to navigate this tricky terrain with the help of a tenant representative familiar with the cannabis scene. So tune in as we guide you through the nuances of cannabis real estate and start the journey to build your company. Remember, in this game, it's worth taking your time. With Canns Strategy, we're here to lay a solid foundation for your cannabis business, and ultimately help you cultivate your knowledge for continued growth.

    Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.

    If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.

    Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.

    Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram


    Have a question or topic you want us to discuss? Email us at [email protected]

    And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"


    Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog

    8 min
  • Industry Insight: Understanding Cannabis Banking Challenges

    Are you ready to unlock the vault of knowledge surrounding the complex world of cannabis banking? We promise to take you on an enlightening journey, unveiling the intriguing challenges that the cannabis industry faces due to the paradox of federal and state laws. We dive into the legal intricacies, financial obstacles and the ingenious solutions adopted by businesses, all while highlighting the potential industry changes on the horizon.

    In this episode, we navigate the high seas of finance, exploring the risks that banks bear when servicing cannabis businesses and the creative means, such as partnerships with local banks and cashless ATMs, employed by these enterprises to keep their operations afloat. We also shed light on the potential legislative changes that could revolutionize the industry. Join us as we decode the complexities, celebrate the resilience, and speculate on the future of cannabis banking. This episode is a must-listen for cannabis entrepreneurs, investors and anyone intrigued by the dynamic intersection of finance and the budding cannabis industry.

    Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.

    If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.

    Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.

    Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram


    Have a question or topic you want us to discuss? Email us at [email protected]

    And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"


    Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog

    12 min
  • Exploring Employee Turnover and Retention in the Cannabis Industry

    Are you ready for a swift, yet enlightening journey through the maze of employee turnover in the cannabis industry? We promise you an illuminating and insightful expedition that uncovers the reality of high turnover rates and their impact on businesses within this burgeoning industry. We unpack the tangible costs associated with high employee turnover, including the burden of recruitment and training, the sting of lost productivity, and the irreversible loss of invaluable industry knowledge. Drawing parallels with other fast-paced sectors, we shine a light on why the cannabis industry is grappling with skyrocketing turnover rates and how businesses can navigate these testing times. 

    As the cannabis industry matures, keeping employees around for the long haul has become the linchpin of business success. In this episode, we delve into the crucial topic of employee retention, exploring the powerful role of effective management, competitive compensation, professional development opportunities, and an overall inclusive work environment.  We round off the discussion by examining the unique challenges and opportunities within the cannabis industry, offering businesses pragmatic strategies to keep their employees engaged and committed. So buckle up for a productive ride through the intricate landscape of employee turnover and retention in the cannabis sector.

    Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.

    If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.

    Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.

    Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram


    Have a question or topic you want us to discuss? Email us at [email protected]

    And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"


    Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog

    17 min
  • Mastering the Art of Managing Organizational Change in the Cannabis Industry

    Are you ready to transform your cannabis venture? To take it to the next level, you'll need to master the art of change management - a systematic approach to dealing with the transition or transformation of your company's goals, processes, or technologies. In this thrilling conversation, we dissect the top 10 triggers for change management, from technological advancements to market dynamics, and present the eight-step process created by Dr. John P. Kotter for managing change effectively. Properly implemented, this process can lead to significant improvements in your business.

    But remember, change isn't just about new processes or tech. The human element is crucial for successful change management. It's about ensuring everyone involved understands the mission and feels equipped and empowered to contribute to it. We close the episode by sharing our own expertise and insights on how to leverage change for your business's success. Let us guide you on your journey to making change your competitive advantage in the cannabis industry. Get ready to turn change into a game changer. Let's ride the wave of change together, only at Cann Strategy.

    Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.

    If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.

    Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.

    Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram


    Have a question or topic you want us to discuss? Email us at [email protected]

    And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"


    Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog

    25 min
  • Six Sigma: Catalyst for Cannabusiness Operational Superstardom

    What if your cannabis business could catapult to new heights of efficiency? Sounds too good to be true? We assure you, it isn't. In this episode, we peel back the layers of the powerful data-driven methodology, Six Sigma, and guide you on how it can be leveraged to supercharge your cannabis venture - be it cultivation, processing, lab testing, distribution or retail. We delve into the intricate hierarchy, decode the DMAIC process and share relevant scenarios where Six Sigma can be a game-changer.

    Ever wondered about the DNA of a successful Six Sigma project? We walk you through a hypothetical situation involving a Six Sigma consultant streamlining a dispensary operation. We also discuss how Six Sigma illuminates untapped potential, aids in merging processes of a newly acquired business, or simply propels continuous improvement in a thriving venture. By the end of this episode, you'll have a pro-tip to greater operational efficiency, and a competitive edge in the crowded cannabis landscape. Tune in and transform your cannabis business venture with the power of Six Sigma!

    Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.

    If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.

    Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.

    Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram


    Have a question or topic you want us to discuss? Email us at [email protected]

    And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"


    Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog

    16 min
  • Common Mistakes in Cannabis Business and How to Avoid Them

    Ready to conquer the world of cannabis business? We guarantee that after listening to this episode, you'll be armed with the knowledge to sidestep some of the most common missteps that can cripple new ventures. We dissect five prime culprits, from the importance of understanding regulatory compliance to the necessity of investing in the right equipment. We share strategies on how to avoid these pitfalls and forge ahead successfully in your cannabis business journey, all while maintaining compliance.

    Don't be another statistic in the cannabis business landscape. Remember, don't just aim to dodge pitfalls, strive to navigate this complex industry with aplomb. Subscribe, share, and let's grow together in this exciting journey.

    Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.

    If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.

    Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.

    Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram


    Have a question or topic you want us to discuss? Email us at [email protected]

    And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"


    Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog

    9 min
  • Navigating Government Relations in the Cannabis Sector

    Are you ready to gain a strategic edge in the fast-paced cannabis industry? With insights from communications expert Scot Rutledge, we promise to equip you with the tools you need to navigate and influence the political landscape that dictates this booming sector. 

    This episode is all about the art of government relations and their pivotal role in shaping public policies, laws, and regulations. We unravel the importance of staying informed, proactive, and compliant in this ever-evolving regulatory environment. Scot unveils how privileged cannabis licenses and solid relationships with local officials can give your business the political clout it needs to thrive. 

    Learn the importance of hiring a government affairs specialist and how to find the right one, understand local legislation, and be resourceful even if an in-house political specialist isn't within your means. So, strap in! This episode is a masterclass for any cannabis entrepreneur looking to gain a foothold or expand their influence in the industry.

    Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.

    If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.

    Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.

    Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram


    Have a question or topic you want us to discuss? Email us at [email protected]

    And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"


    Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog

    9 min
  • Strategies for Success: Building a Profitable Cannabis Business

    Strap yourself in because we're about to blow the roof off the cannabis industry and expose the hidden hurdles obstructing your path to profit! Ever wondered why your cannabis venture is not as profitable as you'd expect, despite the booming market? Don't fret; we're here to dissect the challenges of taxation, confront the high cost of employee turnover, and pull back the veil on the regulatory obstacles. You'll discover how the ominous-sounding Section 280e of the Internal Revenue Code might be your stealthy profitability nemesis and walk away with strategies to combat it.

    Yes, we're talking about branding and scaling in the cannabis industry, but not in the way you’ve heard before. Can a brand's aesthetics influence consumer choices? Absolutely, and we'll walk you through how to craft a brand identity that resonates and reverberates across all platforms. 

    And while scale might be a buzzword, premature scaling can be a death knell. You'll learn to navigate these choppy waters, avoiding the pitfall of scaling before the core business elements are firmly in place.

    Decision-making in the cannabis business can feel like threading a needle during an earthquake, but we're here to steady your hands. You'll learn to foster transparency, spur critical thinking, and even stir up constructive dissent, leading to robust, long-term business viability. 

    And as we wrap up, you'll come to understand that building a successful cannabis enterprise requires not only tenacity and adaptability, but also a deep understanding of the market. With the right strategies, strategic planning, and execution, you can blaze your trail in the cannabis industry. So buckle up, and let's dive into the green!

    Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.

    If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.

    Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.

    Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram


    Have a question or topic you want us to discuss? Email us at [email protected]

    And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"


    Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog

    34 min
  • Unveiling the Challenges of Profitability in the Cannabis Industry

    Wondering why a staggering 76% of cannabis businesses struggle to turn a profit? Get ready to unearth the intricate challenges confronting this booming industry. We broach the topic of daunting regulatory difficulties, exorbitant compliance costs, and the pressing issues of operating on a cash-only basis. Plus, we pull back the curtain on the severe financial impact of high employee turnover rates and the cutthroat competition in an increasingly saturated market. 

    Strap in as we navigate the turbulent waters of the cannabis industry. From the relentless hurdles of heavy taxation under IRS section 280E to the high operational costs, we outline the reality that makes only 24% of cannabis businesses profitable. But it’s not all grey clouds, we also highlight the significance of strategic planning, adaptability, and resilience in overcoming these obstacles. Stay with us till the end for invaluable advice on carving a profitable niche in this dynamic market. Be sure to join us on our next episode where we'll divulge strategies to navigate these hurdles and propel your cannabis business into the realm of profitability.

    Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.

    If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.

    Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.

    Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram


    Have a question or topic you want us to discuss? Email us at [email protected]

    And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"


    Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog

    9 min

About Cannabis Business Master Class

From the publisher's feed

Cannabis Business Master Class by Cann Strategy, a cannabis business consulting firm, is your all-access pass to the booming world of cannabis business operations. With every short and sweet…