Kentucky OMC Announces Production Lottery Winners
Kentucky’s lottery for Cultivator Tier I, Cultivator Tier II, Cultivator Tier III, and Processor licenses was just held moments ago through exactly the kind of exceptionally transparent and thoughtful process we’ve come to expect from OMC. Maybe it’s just because I’ve been watching tip-off week all last week and Javelina 100 livestreams all weekend, but […]
Texas Releases Evaluation of its Medical Cannabis Program
There might be nowhere worse for patient access than Texas, and nowhere better to be the local weed man.
Retail KPIs – Average Time Per Transaction
In the dispensary, time is everything. So long as 280E restrictions continue to tip the scales for cannabis businesses at tax time, sales and marketing payroll is an unavoidable expense that, in general, is not deductible. Where a company doing manufacturing and in-house wholesale might limit the payroll exposed to this IRS restriction, a cannabis […]
KPIs: What is COGM and why is it so important?
In this installment of the KPI series we take a brief look at COGM, the looming beast behind many a balance sheet.
Concentrating Value – Part 3 – To Solvent or Not to Solvent
In this edition of our Concentrating Value series, Fire Business Strategies gives some quick insight into the nuances of solvent vs. solventless cannabis extraction.
Concentrating Value – Part 2 – Bud Structure & Trichome Structure
While it may seem like high THC bud = big yields, any hashmaker will tell you that’s not the whole case. No extraction process is perfect, so it’s best to think of a flower’s THC content as its maximum potential. Morphological differences between genetics, and even buds from different parts of the plant, can play […]
How Much Does the Midwest Spend on Weed? Simplified Market Analysis
Minnesota‘s first round of pre-approval social equity applications just closed, so we thought it would be a good idea to look at how the Midwest’s cannabis markets are performing now, revisit a couple states we recently analyzed, and maybe make some wild guesses as to what these markets could look like in the future. First, […]
Concentrating Value – The Math and Science Behind Cannabis Extraction Businesses – Part 1 – What is Yield?
It almost goes without saying that different extraction techniques and methods have a significant impact on yield. And when it comes to value derived in extraction labs, yield is everything. When evaluating yield across different extraction methods, it’s important to understand how to meaningfully compare them. In this short article series, Fire Business Strategies explores […]
Grams Per What? — how to choose & use cultivation yield KPIs for your business
This week Fire Business Strategies is tackling cultivation KPIs and some of the ins and outs of using yield as an indicator of success.
Fire KPIs: Establishing and Maintaining Data Systems
Summing up our KPI series, Fire Business Strategies connects the dots of the last few weeks in this comprehensive guide to basic KPI establishment and maintenance.