Frequently Asked Questions
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.
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.
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!
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.
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.
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.
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.
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.
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.
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.
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.