“How important is time,” I wondered to myself the other day, twiddling my thumb while waiting in an elongated line at a Bay Area-based dispensary mid-day. I watched in angst as ten or so new patients scrambled to fill out first-time patient forms anxiously.
Using Data to Evaluate Your Product’s Performance Can Boost Your Profits by 30% or More, here’s how:
Our industry is changing fast. Margins in the cannabis retail world are shrinking and they will continue to do so**. As supply goes up and prices go down, operators who aren’t actively changing their business practices right now are in danger of getting plowed under when people with more money and better systems make a land grab in their territory. Survival, for most, is going to depend on tightening up or replacing antiquated systems and getting a new set of tools. So, let’s look at three things you can put in place today, that can help you future-proof your business for tomorrow.