Does Your Cannabis License Consultant Understand Your Business?

While a cannabis license consultant can help you apply for a retail cannabis license in Vancouver or anywhere in BC, what happens once you’re open for business? Obtaining a non-medicinal cannabis license is just the beginning of your journey. “Build it and they will come”, is not a safe bet for any retailer. Opening your doors for business only guarantees that you have a chance at success. Success is earned by working with a trusted advisors, combined with hard work and a clear understanding of what your business needs now and in the future.

Not all retail cannabis consultants have experience with hospitality business operations. It makes sense that they don’t, because recreational cannabis has only been legal since October 17, 2018. While a few cannabis licensing consultants may have some experience working in the retail cannabis industry (legal or grey market), few have operational expertise from years working within similar retail hospitality businesses, such as those in the retail liquor industry.

Thrive Advisors are Much More Than Cannabis License Consultants

Thrive Advisors does provide cannabis license consulting, but more than that, we become your trusted retail cannabis business advisors. We don’t walk away from your business once you’ve obtained a license. We work with cannabis store owners to understand their business in detail, and help develop concrete, actionable plans based on where you are now, and where you’d like to be in the future. The more we know your operation, the better we can help. You can think of Thrive Advisors as a partner, collaborator or an “entrepreneurial support system”. We roll up our sleeves and dig in. Having Thrive on your side is much like hiring an in-house advisor, a team member you can rely on to find solutions to problems large and small.

In addition to retail cannabis business advisory services, Rebecca Hardin, Thrive CEO and lead advisor, has worked in BC’s competitive retail liquor market for over a decade. Not only has Rebecca worked with private liquor retailers throughout BC, but she has also owned and operated hospitality services businesses. She understands retail hospitality businesses and the need for the services Thrive offers. While there are many differences between private retail liquor businesses and retail cannabis stores, there are important similarities:

Retail liquor and retail cannabis stores have the following in common:

• Sell recreational consumable products to customers
• Must comply with BCLCRB licensing requirements and regulations
• Must comply with municipal licensing and zoning requirements
• Must obtain products from BC government sources
• Must understand their product inventory to succeed
• Must train staff in compliance and customer service
• Operate in highly regulated industries
• Operate in highly competitive industries
• Operate storefront businesses

Thrive Retail Cannabis Business Advisors Takes the Weight Off Your Shoulders

We take the weight off your shoulders by leading the way. When you work with Thrive, you get a leader with real-world experience. Following are a just a few services we provide:

• Cannabis licensing consulting
• Store set up and layout consulting
• Municipal license procurement
• BCLCRB compliance audits
• Product inventory audits
• Operations audits
• Training manual development
• In-store marketing

Grow Your Business with Thrive!

If you want to know how to grow a successful retail cannabis business in Vancouver or BC, let’s talk. Take advantage of our free 30-minute consultation. Whether you’re a start-up business that wants to work with a cannabis license consultant or have already opened your doors and need guidance that will help your non-medicinal cannabis store succeed, you can count on Thrive!