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What is Cann Strategy?Cann Strategy is a leading, specialized cannabis business strategy firm recognized by Benzinga as one of the "Best Cannabis Consulting Firms." We offer intelligent guidance on market analysis, licensing, scaling, operational compliance, business planning, and operational optimization to investors, current business owners, and entrepreneurs entering the cannabis sector.
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What type of clients does Cann Strategy serve?We work with well-funded investors, existing cannabis business owners looking to scale or improve their operations, and entrepreneurs eager to launch a new cannabis venture. Regardless of your position in the market, our team is adept at tailoring our services to align with your specific business objectives and requirements. We offer comprehensive support and guidance, ranging from assisting newcomers in navigating regulatory hurdles and learning the nuances of the cannabis industry to providing strategic insights and operational assistance to established operators. Our approach is rooted in long-term big picture thinking, ensuring that each client receives the guidance and support needed to thrive in this competitive landscape.
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How long has Cann Strategy been in the industry?Cann Strategy boasts over nine years of experience in the cannabis market.
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How can I contact Cann Strategy for more information or to schedule a consultation?Communication is vital in establishing a connection and seeing if Cann Strategy is the fit for you. We are eager to speak with you and discuss how Cann Strategy can support your cannabis business goals. The best ways to reach out to us are: Send an Email: Drop us a line at info@cannstrategy.com. Feel free to include some high-level information about your objectives and any specific areas where you're seeking assistance. Submit a Message: Visit our Contact page at CannStrategy.com/contact and use the submission form to send us a message. We'll get back to you promptly to schedule a discussion. Book an Intro Call: Take the initiative to schedule an introductory call directly through our website at CannStrategy.com/book-online. This allows you to choose a convenient time for a discussion about your needs and how we can help. No matter which method you choose, our team is ready to engage with you and explore the next steps in achieving your cannabis business objectives. We look forward to hearing from you!
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How are your projects/contracts structured?At Cann Strategy, we understand that every project is unique and requires a tailored approach. We offer flexible project structures to best meet the needs of our clients while ensuring transparency, accountability, and alignment of goals. Licensing Projects: For licensing projects, we typically operate on a flat-rate basis, with payments made in pre-established portions over a set time frame. The exact rate, time frame, and payment structure vary depending on factors such as the competitiveness of the application process, market dynamics, and the level of service selected by the client. We offer tiered service levels – diamond, platinum, and gold – each with a different scope of work. Additionally, for larger licensing projects, a portion of the overall fee may be structured as a "success fee," payable only upon the client being announced as a selected applicant. Operational Stand-Up Projects: Operational stand-up projects are usually structured as a monthly fee with set benchmarks and goals. This ensures that our incentives are aligned with our clients' goals, fostering a collaborative and productive working relationship. Special Projects and Business Development: Special projects and business development initiatives with specific target outcomes are structured as flat fees based on the project's scope. Payments are allocated into defined quantities over the project's duration, providing clarity and predictability. Retainer Service: Our retainer service operates on a monthly structure with a flat fee and agreed-upon parameters. This service serves as ongoing support for our clients, offering strategic guidance and assistance. Clients may choose to retain our services for a short period or on a long-term basis, depending on their needs. Hourly Structure and In-Person Meetings: We do not provide services on an hourly basis, as we believe it does not benefit either us or our clients. At Cann Strategy, our goal is to provide comprehensive and effective solutions to our clients, ensuring their success in the dynamic and competitive cannabis industry.
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If we're in a different state will you visit in person?Yes, of course! For clients who desire or require in-person meetings or on-site visits, we offer an option to request these with reimbursed travel and expenses, depending on the project's scope and requirements.
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In what states does Cann Strategy work?Cann Strategy operates exclusively in states with established medical and/or adult-use cannabis regulations and cannabis business licensing. Our expertise extends to various aspects of the cannabis industry, from licensing services to operational support and business development projects. For licensing services, we primarily focus on new markets with competitive license application processes. We guide clients through the intricate process of obtaining licenses, ensuring compliance with regulatory requirements and maximizing their chances of success. In addition, we provide operational support and business development services in regulated states, both in new markets with untapped potential and in existing markets with opportunities for expansion. Whether you're a budding entrepreneur or an established cannabis company looking to refresh your brand, we're here to help you navigate the complexities of the cannabis industry and make waves in the space. At Cann Strategy, we're committed to empowering cannabis businesses to thrive and succeed in regulated markets across the United States.
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What services does Cann Strategy offer?Our services include assistance with licensing, operational advice, strategic growth planning, elite training programs, and custom solutions for dispensaries, cultivation facilities, social consumption lounges, and processing operations.
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Can Cann Strategy help with winning license applications?Yes, we have extensive expertise in crafting winning license applications that meet all regulatory requirements and stand out from the competition.
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Does Cann Strategy offer operational advice?Absolutely. We provide operational refinement strategies designed to enhance efficiency and performance within your cannabis business.
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How can Cann Strategy aid in strategic growth?We deliver insights and tactics for scaling your business effectively in the competitive cannabis marketplace. Our strategies are tailored to your unique business needs.
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Does Cann Strategy provide training programs?Yes, we offer intelligent training programs that empower ownership teams and employees with the knowledge and skills necessary to succeed and grow within the industry.
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Can Cann Strategy help me start a cannabis business?Yes. Our team can assist you with every step of starting your cannabis business, from conducting initial feasibility studies to navigating the licensing process and establishing your operations. We customize our approach to meet your specific goals and challenges.
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Can you help with compliance as my business scales?Certainly. Compliance is critical as you scale up operations. We stay abreast of evolving regulations to ensure your growing business remains compliant across all facets of its operation, even when it's in multiple states.
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What makes Cann Strategy's consulting approach unique?Our hands-on approach sets us apart. We commit to understanding your specific challenges and opportunities to provide personalized guidance and strategies.
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Can you provide custom solutions for unique business needs?Certainly! Every client’s needs are unique, which is why our solutions are customized to address specific challenges and objectives of your cannabis enterprise.
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How does Cann Strategy ensure client success in the cannabis market?We ensure success by empowering our clients with comprehensive market insights, action plans, operational regulatory compliance guidance, and ongoing support throughout their business journey.
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How does Cann Strategy's experience benefit its clients?With years of dedicated experience in the cannabis sector, our team brings a wealth of knowledge that translates into actionable advice for navigating market complexities successfully. Plus, people like working with us. We make every part of the process feel doable and like you have a friend on your side.
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How do I start working with Cann Strategy?Reach out through our contact form or call us directly to discuss your needs. We’ll schedule an initial consultation to understand your goals and outline how we can help.
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What can I expect during the initial consultation?During this session, we will review your current operations or plans if you're new to the industry. We'll discuss your goals and how our services align with achieving them.
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What happens after the intro call if I want to move forward?Once we understand your current standing and how we can help we will craft a custom service quote and get it back to you within 48 hours of our conversation. Once you get a chance to review the quote we will have a followup call where you can ask any questions you may have and. make sure that the quote we provided addressed your goals properly.
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How much do Cann Strategy's services cost?Our pricing varies based on the scope and complexity of your project. After an initial consultation, we will provide a detailed proposal outlining costs tailored to your specific needs.
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Does Cann Strategy offer different service packages?While we customize our services for each client's needs, we also have structured packages that cater to common objectives within the industry. Details will be provided upon request during consultations.
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What if I can't afford Cann Strategy but am still searching for guidance for my cannabis business?If you're on a tight budget, and have some time to do some of the work yourself with instruction and guidance, visit our friends at Leafsheets.com.
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What types of licenses are available for cannabis businesses?There are several types of licenses available depending on the state, including cultivation, manufacturing/processing, dispensary/retail, distribution, delivery, testing laboratory licenses, among others.
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Is cannabis legal at the federal level in the United States?No, cannabis remains illegal under federal law in the United States. However, many states have legalized cannabis for medical or recreational use within their jurisdictions.
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How does federal illegality impact cannabis businesses?Despite state-level legalization, federal illegality can affect banking, taxation (e.g., IRS 280E), and interstate commerce for cannabis businesses. Cann Strategy helps clients understand these implications and develop strategies to mitigate risks. The DEA's announcement of their plan to reschedule cannabis to a Schedule III controlled substance instead of it's current status as a Schedule I controlled substance may relieve some of the financial and taxation burdens that weigh many businesses down from realizing the full potential of the progress they are capable of.
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How competitive is the licensing process for cannabis businesses?The competitiveness varies by state and license type. Some states have limited license allocations leading to highly competitive application processes. Cann Strategy can help strengthen your application to improve your chances of success.
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What kind of investment opportunities are there in the cannabis industry?Investment opportunities range from direct business ownership (cultivation facilities, dispensaries) to ancillary services (technology solutions, equipment sales). Investors may also consider funding startups or joining a venture capital fund focused on cannabis.
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How often do regulations change in the cannabis industry?Regulations can change frequently as legislative bodies adjust policies related to public health concerns or economic objectives. It's essential to have a partner like Cann Strategy that monitors these changes closely.
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