Cannabis industry sales growth is experiencing record growth, many of the CanopyBoulder portfolio companies are thriving amidst Covid-19, so why is so much of the cannabis industry’s news so doom and gloom? We at CanopyBoulder are hearing more stories of success than failure, so we wanted to share another story of success amidst Covid-19.
The historic, venture capital-fueled tech boom of the past two decades in Silicon Valley and beyond has turned “innovation” into perhaps one of the most abused terms in our day-to-day lexicon. Years of buzzword status have disconnected us from a meaningful understanding of the real hallmarks of innovation and the conditions that give rise to it. As such, most people wouldn’t consider the cannabis industry the ideal environment to develop new, world-changing technologies; luckily for a small swathe of forward thinking entrepreneurs and investors, most people are wrong.
Topics: Company Info, Entrepreneurship, canopy alumni, accelerator, startup, cannabis tech, Cannabis consumption, Consumption Technology, startups, vaporizer, Vapor Tap, Bello, Designed Technology, hardware
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