Point7 helps both new and seasoned cannabis operators identify, and execute upon, expansion opportunities in the U.S., and beyond.
At Point7, we recognize that every single client is unique. We pride ourselves in building custom programs for each client team, and will work with you to co-develop a roadmap and strategy to suit your needs.
CANNABIS BUSINESS OPERATIONS CONSULTING SERVICES
LICENSING, APPLICATION STRATEGY + DEVELOPMENT
Point7 has won licenses for our clients in some of the most competitive application processes in the United States, including Ohio, Pennsylvania, California, Michigan, Arkansas, Maryland, Massachusetts, West Virginia and Missouri. Each application engagement is custom-designed to reflect your needs. We can support you in designing a strategy, identifying team members, project managing the entire process, developing written content, creating your financial narrative and model, and designing your facility.
BUSINESS PLAN + INVESTMENT DECK DESIGN
Our team of business strategists, writers, and designers will work with you to craft a business plan for use within your application submission, or to secure needed investment dollars. Looking for an investment deck? We’ve worked with our clients to create successful decks built on solid projections, backed by industry data. We work with Clients to develop financials and corresponding investor-facing presentations to facilitate the fundraising process.
APPLICATION COMMITMENT CHECKLIST + BREAKDOWN
As we work with you on your application, we will be notating the actionable commitments and promises made within your submitted application. Point7 will help you meet these commitments by presenting an organized operational roadmap designed to steer the business forward while ensuring we meet each and every requirement set forth within your state’s regulations.
Point7 is prepared to work closely with you in the development of a license-specific Pro Forma, for use within the competitive application, or fundraising, processes.
COMMUNITY ENGAGEMENT + PROGRAMMING
Most state applications require programs to determine, and mitigate, any potentially negative impacts on the local community. Point7 knows the importance of being a good neighbor, and how vital the local community’s support is in obtaining your license. We will work with you to actualize these programs, articulated in your application, as well as develop ongoing community outreach initiatives as your business evolves. We’ll be by your side for community meetings, working with you to design a complete, aligned community impact plan that will deepen relationships with key constituents and the greater community.
FACILITY DESIGN + BUILD-OUT ROADMAP/MANAGEMENT
Our team has supported the design of world-class greenhouses as well as indoor cultivation facilities and a wide array of extraction laboratories including ethanol, CO2 and various hydrocarbon extraction methods. Point7 works with Clients to design efficient, safe, and secure facilities, lending a deep understanding of the facilities being designed across the country. Point7 will work with you to develop a highly efficient and compliant facility layout. Once a design is selected, we will engage our architectural partner (or yours) to bring your vision and concept to life.
STANDARD OPERATING PROCEDURES (SOPs)
Development of (and adherence to) SOPs are critical throughout your licensure, and are frequently referenced by inspectors as a means to maintain good standing. Point7 will develop, implement, and coordinate training for each of your SOPs. We will deliver detailed SOPs in careful alignment with local regulations and your original application.
PEOPLE OPERATIONS: STAFFING, HIRING + TRAINING
The success of your business rests on hiring top talent. Allow our team to develop job descriptions, assist in evaluating candidates, host and coordinate hiring events, and support you throughout the entire interview, onboarding, and training process. Cannabis training requirements are often complex; Point7 will work closely with you to develop not only mandatory training programs, but those that we know will help your team succeed in a competitive market.
PRODUCT PROCUREMENT + NEGOTIATING
Using industry best practices and sales data, we will develop a product sourcing plan, working closely with you to identify excellent vendors and strategic partners for all cannabis product categories including flower, tinctures, concentrates, edibles, and topicals. We will work with you to evaluate each purchasing agreement, aiming to secure the best pricing and terms for you and your business.
Above all else, we will make sure your team is ready to open your doors on time and in compliance with all local and state regulations. Our experienced team members can be on-site with you, ensuring that your team is ready and trained for day one of operations.
COMPLIANT PRODUCT PACKAGING + LABELING DESIGN
Our team will co-develop packaging and labeling, in adherence with specific state regulations and client’s desires for packaging options. Point7 will serve as a liaison between the product development team, client team, and packaging/labeling vendors, and will work to identify local partners and commitment to sustainability when possible.
Point7 will design a narrative security plan for the application and will work with one of our recommended security providers, if desired, to develop a security equipment list and floor plan design (depicting placements of cameras, electronic keys, and alarm systems).
MARKET RESEARCH + ANALYSIS
We have worked with clients across the U.S. to support teams in determining which cannabis license(s) to pursue by analyzing market places, conditions, regulatory requirements, and co-designing roadmaps for success. We have conducted market research on behalf of Clients worldwide. Let Point7’s highly knowledgeable business consultants and cannabis industry experts develop your market analysis and financial feasibility report so you are fully prepared for the opportunities and risks that lay ahead.
Feasibility studies are often the foundation upon which the rest of the project is built and are meant to encompass the project's potential risks and rewards. Point7's report includes:
Market entrance and market capture rate
Projected revenue and expenses, inclusive of debt repayment
Financial sensitivity analysis
Current and future competitive landscape
Regulatory requirements and restrictions
Future trends and market insights
If you think you are at the right stage of your business startup venture to develop a market analysis and financial feasibility report, Point7 is here for you.
Do you have a special project in mind? We’ve got you covered. Let us know and we would be happy to customize a package to meet your specific needs.