Connect with us

Business

Put A Systematic Approach Forward To Sell Your Cannabis Business

mm

Published

on

Marijuana industry has many legal rules and regulations to be followed. Selling cannabis business involves more than just sending out a news release looking for buyers. A good sales plan is needed to be in place. Good accounting and bookkeeping are primary needs of cannabis business.

Many cannabis businesses do not take the accounting formally. Due diligence and auditing is needed for the business, requiring hiring of a firm to conduct bookkeeping, cross-referencing, and conduct other regulatory work for the businesses’ bank account.

If you deal in this industry, then treat the company like any other and create divisions inside the company like the HR, Accounts and others which keep a check on the complete company. While leading and managing the company, a complete protocol should be followed. For instance if someone is getting fired, follow the protocol of the company and document everything.

Documents act as a support system for the company in case of legal issues. There is a lot of litigation in the industry currently. Things that seem small can create bigger problems in future especially for a company operating cannabis business.

Press releases will invite all types of people. Most of whom will be unlikely suitors. So instead of the releases, if you want to sell a cannabis business, then target the sellers who are interested in this like private equity companies and family offices instead of going to the open market.

Create a list of all potential buyers meeting all the standards in Washington state and then market the business specifically to them. The press release can be sent privately and people can be further notified about all the information once they sign a NDA (nondisclosure agreement). This will make the selling professional and systematic.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Scaling Success: Why Smart Habits Beat Growth Hacks in Modern eCommerce

mm

Published

on

There’s a romanticized image of the eCommerce founder: a daring risk-taker chasing the next big idea, fueled by late-night caffeine and last-minute inspiration. But the reality behind scaled, sustainable brands tells a different story. Success in digital commerce doesn’t come from chaos or clever hacks. It comes from habits. Repetitive, structured, often unglamorous habits.

Change, a digital platform created by eCommerce strategist Ryan, builds its entire philosophy around this truth. Through education, mentorship, and infrastructure, Change helps founders shift from scrambling for quick wins to building strong systems that grow with them. The company doesn’t just offer software. It provides the foundation for digital trade, particularly for those in the B2B space.

The Habits That Build Momentum

At the heart of Change’s philosophy are five core habits Ryan considers non-negotiable. These aren’t buzzwords; they’re the foundation of sustainable growth.

First, obsess over data. Successful founders replace guesswork with metrics. They don’t rely on gut feelings. They measure performance and iterate.

Second, know your customer deeply. Not just what they buy, but why they buy. The most resilient brands build emotional loyalty, not just transactional volume.

Third, test fast. Algorithms shift. Consumer behavior changes. High-performing teams don’t resist this; they test weekly, sometimes daily, and adapt.

Fourth, manage time like a CEO. Every decision has a cost. Prioritizing high-impact actions isn’t optional; it’s survival.

Fifth, stay connected to mentorship and learning. The digital market moves quickly. The remaining founders are the ones who keep learning, never assuming they know it all. 

Turning Habits into Infrastructure

What begins as personal discipline must eventually evolve into a team structure. Change teaches founders how to scale their systems, not just their sales.

Tools are essential for starting, think Notion for documentation, Asana for project management, Mixpanel or PostHog for analytics, and Loom for async communication. But tools alone don’t create momentum.

Teams need Monday metric check-ins, weekly test cycles, customer insight reviews, just to name a few. Founders set the tone by modeling behavior. It’s the rituals that matter, then, they turn it into company culture.

Ryan puts it simply: “We’re not just building tools; we’re building infrastructure for digital trade.”

Avoiding the Common Traps

Even with structure, the path isn’t always smooth. Some founders over-focus on short-term results, chasing vanity metrics or shiny tactics that feel productive but don’t move the needle.

Others fall into micromanagement, drowning in dashboards instead of building intuition. Discipline should sharpen clarity, not create rigidity. Flexibility is part of the process. Knowing when to pivot is just as important as knowing when to persist.

Scaling Through Self-Replication

In the end, eCommerce scale isn’t just about growing a business. It’s about repeating successful systems at every level. When founders internalize high-performance habits, they turn them into processes, then culture, then legacy.

Growth doesn’t require more motivation. It requires more precision. More consistency. Your calendar, not your to-do list, is your business plan.

In a space dominated by noise and novelty, Change and its founder are quietly reshaping the conversation. They aren’t chasing trends but building resilience, one habit at a time.

Continue Reading

Trending