Best Practices

‘Beat The Crap Out Of The Competition’ And Other Cannabis Industry Secrets To Success

Titans gathered on stage at the 2023 Benzinga Cannabis Capital Conference

The marijuana industry continues to face challenges with restricted financing options. But several titans in the space gathered on stage at the 2023 Benzinga Cannabis Capital Conference in Miami to offer suggestions on how to maintain growth.

One of the panelists included David Traylor, senior managing director at Golden Eagle Partners.

“Biological supply chains are inherently unstable,” which means it is hard to make exceptional products, he told moderator and Vicente partner Sally Peebles. His advice?

“We’d say beg, borrow and take market share. Let’s keep it simple, right? Make really good products consistently.” For him, “the best way to get new growth is to just beat the crap out of your competitors.”

A company’s ability to expand varies by market, according to Eaze CEO Cory Azzalino.

To Read The Rest Of This Article On Benzinga, Click Here

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Marijuana Retail Report, is a national daily online trade publication serving retailers of marijuana products and accessories. News and information are geared strictly to select retail channels, with distribution limited to licensed collectives, recreational retailers, accessories retailers, and wholesalers.

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