As more states adopt regulated cannabis and transition from medical-only markets to recreational markets, the industry is in a state of rapid growth and constant change. This dynamism can be overwhelming for even the most experienced and sophisticated retail operators.
This session will discuss the necessary balance and attention placed on the various aspects of running a successful cannabis retail outlet. The session covers the core principles of compliance management, which is unique to the cannabis industry, combined with methods for developing efficient operations and sales growth, which draw from best practices in general retail settings.
All of this is against the backdrop of running a business with limited access to basic business services such as banking, payment processing, and insurance. Attendees will benefit from the best practices Green Bits has observed in serving more than 1,000 retail cannabis locations in a dozen states.
1. Understand how to evaluate and balance the competing priorities of a retail cannabis store, ranging from compliance management to growth and new customer acquisition.
2. Develop steps to ensure you run a compliant cannabis store.
3. Learn about the trends in multi-channel and how to capitalize on this evolving landscape.
4. Learn how to navigate and procure business services (banking, payments) and available options.