The term “startup” is really a pretty unhelpful one. What does it even mean? What counts as a startup? It’s a hard word because each business differs and things can escalate quickly. But, while all startups are different, there’s one thing they all have in common - a lot of risk.
Listen to our interview with Best in Grow founders, Jake Levin and Andrew Duffy. And, if you’re not so into listening, we’ve outlined it for you so you can get the main points without a long attention span.
- 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 important for understanding market trends, identifying the total addressable market, and building your financial modeling
- Internal company data (for your clients and your own company) is critical for tracking performance, improving your product or service, and attracting investors with a robust data-driven conversation
There’s a joke we hear around the cannabis industry these days that cultivators, retailers, extraction professionals, etc. aren’t actually in the business of producing and selling cannabis - instead they’re in the business of compliance.