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Cannabis Retail Leadership Position
2 months ago
As a strategic leader, the Director of Retail for Inspired Cannabis Co. will drive growth and operational excellence across our retail locations. This role entails developing and executing sales strategies to maximize revenue, ensuring compliance with regulatory requirements, and maintaining high standards of customer service and operational efficiency.
Key Responsibilities- Develop and Implement Retail Strategies: Create and execute sales strategies to drive growth, profitability, and operational excellence in the cannabis retail sector. Lead the team to achieve sales targets and deliver exceptional customer experiences.
- Oversee Day-to-Day Operations: Oversee the day-to-day operations of retail locations, ensuring consistent execution of company standards. Implement efficient processes to enhance productivity and reduce costs.
- Manage Inventory and Merchandising: Manage inventory levels and implement merchandising strategies to boost sales.
- Lead and Develop the Team: Recruit, train, and develop a high-performing retail team. Set performance expectations and provide ongoing feedback.
- Ensure Regulatory Compliance: Ensure all operations comply with cannabis industry regulations. Keep the team informed and compliant with updates.
- Optimize Store Layouts: Lead new store openings and optimize layouts to enhance the shopping experience.
- Manage Budgets and Financial Performance: Develop and manage budgets to control costs and monitor financial performance, including wage and labor budgets.
- Build Relationships with Suppliers: Build and maintain relationships with suppliers and negotiate favorable terms.
- Experience: 7+ years of experience in retail leadership, preferably in cannabis or related industries.
- Education: Bachelor's degree in business administration or a related field.
- Skills: Strong operational, sales, and customer service skills. Knowledge of cannabis industry regulations. Excellent leadership and team management abilities. Analytical mindset for data-driven decision-making. Effective communication and interpersonal skills. Ability to multitask in a fast-paced environment. Financial acumen and budget management expertise.