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 [...]
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So far Henry F has created 32 blog entries.
Key Highlights: Conversation on Bruce Eckfeldt's podcast called "Thinking Outside the Bud" Listen to the podcast recording
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 [...]
Key Highlights: Conversation on CanopyBoulder's podcast called "Cannabis Business Podcast" Listen to the podcast recording
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 [...]
Key Highlights: Conversation on Tim Strombel's podcast called "Rootd" Listen to the podcast recording
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 [...]
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! [...]
Key Takeaways: Data mining is about organizing your data to identify patterns and insights looking back Predictive analytics is about using the data you mined to better understand a potential future Cannabis businesses can set themselves apart by using data mining & predictive analytics to improve business outcomes --- Guest Post This month's Guest [...]
Key Highlights: Any “live” or “production” data is clean enough to put to work “Too dirty” often means “don’t trust” - if you don’t trust your own numbers, a good data toolkit can empower you to build that trust If you are an active licensed cannabis business that is currently growing, manufacturing, and/or selling [...]