Report: How To Solve The People Issues Hindering The Cannabis Industry
Green Growth are moving into publishing. We’re not sure how detailed the report is. It is only 12 pages but it does touch on some very current issues that need to be dealt with.
How To Solve The People Issues Hindering The Cannabis Industry is a 12-page deep dive into the industry designed to address the widespread trends that hurt cannabis businesses of all sizes and provide strong recommendations on how to resolve or prevent them.
The paper covers such problems as:
Poor leadership and management practices
. Lack of focus on building culture within the company
. Weak human resources and onboarding processes
. Endangering employees and consumers
. Inadequate customer service that comes from a lack of training
. Costly compliance mistakes
. Regulatory frameworks and cannabis taxes creating undue pressure on cannabis operators and teams
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Take a look around the emerging cannabis industry, and it’s clear most operators are facing growing pains and challenges that only the most well-run businesses are surviving.
And while the COVID-19 pandemic has impacted current and upcoming cannabis markets in different ways, these universal challenges and lessoned-learned are more relevant than ever.
From a business development perspective, the high turnover rate in this industry is one of the most obvious red flags. In June 2018, cannabis analytics firm Headset reported that 58% of dispensary workers did not make it past their first two months, and 40% didn’t even reach one month.