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 [...]
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So far Henry F has created 34 blog entries.
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 [...]
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 [...]
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! [...]