About Henry F

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So far Henry F has created 34 blog entries.

Best practices for managing cannabis inventory at dispensaries and retail stores

Key Highlights:Managing inventory is about keeping the right products and the right amount of the right products on your shelf, at the right time.Vertically integrated companies must connect storefront inventory to their internal supply chain quantities and timelinesUnderstanding seasonality and forecasting short- and long-term demand can dramatically improve planning and profitsThis article was written in [...]

Best practices for managing cannabis inventory at dispensaries and retail stores2019-09-18T09:46:37-07:00

Why we chose to crowdfund on MicroVentures

Key Highlights: UPDATE: Our currently live campaign raised >$50,000 in the first week! Institutional capital (VCs, family offices, and angels) takes a lot of time Crowdfunding engages a different type of investor Cannabis industry has seen some success on crowdfunding platforms In mid May we launched our MicroVentures [...]

Why we chose to crowdfund on MicroVentures2019-05-31T08:06:18-07:00

[Podcast Feature] MJ Bulls

Key Highlights: Conversation on Dan Humiston's podcast called "MJ Bulls - Raising Cannabis Capital" To connect with MJ Bulls, check out any of their other channels: Linkedin - Dan Humiston & MJ Bulls company page Twitter Instagram - Dan Humiston & MJBulls podcast Facebook - Dan Humiston & MJBulls podcast YouTube Listen to the podcast [...]

[Podcast Feature] MJ Bulls2019-02-24T09:57:17-07:00

3 key formulas to understand your cannabis customers

Key Highlights: Customer acquisition cost (CAC) is the total cost associated with convincing a potential customer to purchase a product in your store Recency, frequency, and monetary (RFM) is a scoring rubric to identify your highest value customers Customer lifetime value (LTV) is a future prediction of the total amount of revenue you expect [...]

3 key formulas to understand your cannabis customers2019-02-28T01:28:07-07:00

3 reasons why every cannabis investor needs a data-driven investor thesis

Key Highlights: Navigating potential cannabis deals is incredibly complex, time-consuming, and expensive Investors with a data-driven deal flow methodology will yield higher returns with less time and money wasted on poor fits A data-driven investor thesis empowers fund managers to correlate success metrics for pipeline review Investors with a clear, specific, data-driven thesis can [...]

3 reasons why every cannabis investor needs a data-driven investor thesis2019-02-06T10:13:42-07:00

[Podcast Feature] Root’d

Key Highlights: Conversation on Tim Strombel's podcast called "Rootd" Listen to the podcast recording

[Podcast Feature] Root’d2019-02-25T07:55:46-07:00

The what, where, and when of cannabis data for ancillary entrepreneurs

Key Highlights: Ancillary cannabis business owners need to understand the available data options and how to use them to maximize their probability of success Data & reporting is a part of every modern day service, so you need the tools & the know how to empower your customers and partners External market data is [...]

The what, where, and when of cannabis data for ancillary entrepreneurs2019-02-06T09:50:26-07:00

Top 3 reports that every cannabis business manager should track

Key Highlights: Understanding your profits and customers is key! Gross margin analysis can impact discounting, vendors, and employees Net margin analysis can impact investments, equipment, and efficiency Customer insights analysis can impact revenue, marketing, and product selection -- Do you have questions or need help with your cannabis business data?  We’re here for you! [...]

Top 3 reports that every cannabis business manager should track2018-09-11T12:24:27-07:00
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