Categories: aggregated

The Importance of a Lean Startup in the Cannabis Industry

Most traditional companies begin with years of careful and detailed research. The cannabis market is moving too fast to accommodate lengthy development strategies. By the time you spend even several months investigating and devising a comprehensive plan, another business sweeps in with a similar or even better product. Lean development involves spending less money, hiring fewer people, and working faster to put out a service or product more quickly to capitalize on an immediate market need. An excellent example is the California Bud Company.

Jason

Share
Published by
Jason

Recent Posts

Cannabis in Germany: Club Licenses Stall While Medical Access Shrinks

Germany has received nearly 900 applications for cannabis cultivation associations, but only just over half…

3 hours ago

So Will the Hemp Ban Be Delayed or Not? Tensions Rise Between the GOP and the White House

A Senate stopgap funding bill would delay the federal prohibition on most hemp-derived THC products…

3 hours ago

Rick Ross Doesn’t Want Dispensary Weed

He smokes in boardrooms, but he’s still on that underground frequency. This content originally appeared…

3 hours ago

No, Fox News, Cannabis Was Never ‘Legalized’ — It Was Patchworked, Taxed to Death, and Blamed for Prohibition’s Own Failures

Fox News opinion ran a piece recently from Scott Chipman, vice president of Americans Against…

3 hours ago

One Plant, Seven Perspectives: The Art From Our 50th Anniversary Print Issue

For our 50th anniversary, we handed the plant to the artists making its most striking…

1 day ago

Legal Weed Makes Businesses More Profitable? The Unintended Consequence Nobody Was Modeling for with Legalization

Corporate valuation increased in 21 of the 38 states studied following medical marijuana legalization. Gross…

1 day ago