NCIA 2019 Cannabis Business Summit

Sessions Speakers Exhibitors Floor Plan Buzz

How to Thrive in a Changing Retail Market (Room Executve G)

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.