Cannabis Buyer

Responsibilities:

• The Buyer will have knowledge of cannabis consumption methods (vaporization, combustion, et al.) and popular brands in cannabis and cannabis-adjacent categories.
• The Buyer will be responsible for managing day-to-day purchasing activities that all drive towards the organization’s strategic goals: enhanced sales, enhanced margins, and customer satisfaction.
• Works with online store operations and regional buyers to craft localized assortments and sales forecasts to drive profitability.
• Creates purchasing strategies that correlate to the financial goals of the online/physical stores.
• Develops strong relationships with suppliers of devices required to consume cannabis products.
• Partners closely with internal brand marketing teams on the development of apparel and other categories for sale on our online store (and dispensary location)
• Anticipates potential problems and risks; generates ideas, insights, and solutions to resolve potential problems.
• Proposes and executes solutions for issues identified during the analysis of data
• Establishes and maintains a reputation of credibility and responsiveness in the marketplace.
• Elicits critical information from vendors with regard to market trends and current buying activity of competitors and presents findings effectively.
• Responsible for managing the full lifecycle of buying product innovation, vendor meetings, costing negotiations, executive reporting, pricing analysis, promotional calendars, and product exit strategies.
• Responsible for building reports that will include best sellers, promotional expectations, and site/ dispensary performance.
• Audit purchasing processes to create better practices.
• Understands the competitive landscape of the cannabis industry.
• Manage appropriate inventory levels to ensure dispensaries can exceed sales expectations.

Qualifications / Experience:

• Bachelor’s degree in a relevant field
• Experience in retail buying, merchandising, or planning
• Strong presentation skills and ability to listen to the opinions of others to help form a cohesive decision.
• Ability to make decisions under pressure when needed.
• Must be a self-starter who likes to solve complex problems.
• Advanced proficiency in MS Excel
• Ability to gather/analyze data and to work with incomplete information.
• Analytical mindset
• Highly motivated, self-directed, innovative, and able to work independently or among teams with keen judgment, common sense, and resourcefulness.
• Adapts and thrives in a demanding, start-up, fast-paced environment.
• Possesses a high level of critical thinking.
• Operates with a high level of professionalism and integrity, including dealing with confidential information.
• Must understand and comply with the rules, regulations, policies, and procedures.
• Must have a solid understanding of the recreational marijuana rules and regulations and a passion to further their understanding and knowledge of the industry and the laws.
• Must pass any and all required background checks.
• Must be and remain compliant with all legal or company regulations for working in the industry.
• Must possess a valid driver’s license
• Must be a minimum of 21 years of age
• Must be approved by state badging agency to work in the cannabis industry.
• Client is requiring new employees to be fully vaccinated, as defined by the CDC.