In this episode of 'Under the Microscope Operator Series', host Jenny Germano sits down with Beatrice Carranza, Founder of Bachaz Mexican Gummies to discuss her journey into the cannabis industry. With a background in social work and hospitality, Beatrice talks about her motivation to create the first bilingual labeled edible product in Colorado, targeting the Hispanic community. She shares the challenges and triumphs she’s faced, from the lengthy licensing process, educating and demystifying the stigma of cannabis in her community, and getting her authentic Mexican-flavored gummies into dispensaries after launching. Beatrice also emphasizes the importance of dedication and perseverance for small businesses and the value of building relationships with dispensaries. The episode culminates with insights into operating a regulated manufacturing business and advice to budding cannabis entrepreneurs.

👉 Check out my website: https://www.icsconsultingservice.com

👉 Our Guest: Beatrice Carranza 🌎 https://bachaz.com/

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Time Stamps

00:00 Introduction and Host Background 00:49 Guest Introduction: Beatrice Carranza 01:39 Creating a Bilingual Cannabis Brand 02:56 Winning the THC Classic Award 04:30 Challenges and Triumphs of a Small Business 06:21 The Importance of Flavor and Cultural Connection 07:08 The 'Why' Behind the Bachaz Gummies 09:11 Navigating Regulations and Compliance 10:00 The Journey to Operational Readiness 17:53 The Reality of Running a Cannabis Business 23:13 Budgeting and Financial Challenges 25:25 Challenges of Payment Terms in the Cannabis Industry 26:04 Navigating Dispensary Relationships 26:40 The Impact of Payment Delays on Small Businesses 30:32 Introducing Authentic Mexican Flavors 34:10 Marketing Strategies and Customer Engagement 38:12 Overcoming Industry Challenges 44:25 Reflecting on the Journey and Future Advice 46:14 Final Thoughts & Wrap Up

🎙In this special 10th episode of 'Under the Microscope,' host Jenny Germano explores the critical issue of burnout among cannabis operators. She shares insights from her extensive experience in the cannabis industry, offers a detailed list of ten reasons why cannabis operators get burned out, and provides practical strategies to prevent and manage burnout. Jenny stresses the importance of having a 'why,' being proactive, creating a compliance program, and maintaining a positive mindset. This episode is a must-listen for both new and existing cannabis operators aiming to thrive long-term in this challenging industry.

📢 Visit Jenny's Website: https://www.icsconsultingservice.com

Timestamps

00:00 Introduction and Milestone Celebration 00:30 The Importance of Avoiding Burnout 01:04 Jenny's Background in the Cannabis Industry 02:19 Defining Burnout and Its Impact 02:50 Top 10 Reasons Cannabis Operators Get Burned Out 17:23 The Reality of Running a Cannabis Business 22:47 The Importance of Having a Why 25:32 The Uncertainty of the Cannabis Industry 26:06 Adapting to Change is Critical 27:02 Six Strategies to Avoid Burnout 28:42 Be Proactive, Not Reactive 31:52 Recommitting to Your Why 34:06 Managing the Buckets of Compliance 37:28 Have the Right Support 38:45 Know Where You Are 45:13 Eliminate the Overwhelm 48:11 Final Thoughts & Wrap Up

In this episode of 'Under the Microscope,' host Jenny Germano dives into the critical security strategies for cannabis businesses with guest Tony Gallo, a seasoned expert from Sapphire Risk Advisory Group. Tony shares his extensive experience in the cannabis industry, highlighting the importance of robust security measures during both the licensing and operational phases. Key discussion points include the necessity of a comprehensive security plan for license approval, the pitfalls of underestimating security requirements, the significance of employee training to prevent internal theft, and the benefits of ongoing security assessments. The episode emphasizes the importance of honesty, compliance, and thorough vetting of security partners to ensure the long-term success and safety of cannabis operations.

📢 Visit Jenny's Website: www.icsconsultingservice.com

📢 Our Guest: Tony Gallo from Sapphire Risk Advisory Group

Timestamps

00:00 Introduction and Host Background

00:49 Guest Introduction

02:34 Importance of Security in Cannabis Licensing

07:37 Common Mistakes in Security Planning

14:40 The Pitfalls of Using Gun Safes

19:02 Vetting Your Security Company

23:17 Common Mistakes Applicants Make

24:56 The Impact of Lottery-Based Licensing

28:08 Designing an Effective Security Plan

29:32 Implementing Security Plans Post-License

31:30 Preventing Employee Theft in Cannabis Operations

37:21 Maintaining Security and Compliance

41:06 Final Thoughts & Wrap Up