Chief Operating Officer (COO)

Position Summary

We are looking for results-driven, experienced, and detail-oriented Chief Operating Officers (COOs) to join our Cannabis industry clients. Leadership talent is needed in areas such as Cultivation / Agriculture, Processing / Manufacturing, Retail, and Testing.

The Cannabis Industry is expected to grow 30% to $19.3B by 2020.¹

Our Cannabis CEOs are pioneers blazing new trails in a fast-growing, yet highly regulated market. The right candidate will successfully partner with these CEOs to rapidly execute company growth strategies. (S)he will develop and maintain control of all business operations and will be an experienced and efficient leader with excellent people skills, business acumen, and an exemplary work ethic. The ideal individual will also be a strategic planner with the essential ability to specify, strategize, and define opportunities.

Responsibilities

• Executes the business plan, achieving or exceeding established P&L objectives

• Partners with the CEO to develop and execute business strategies, plans, and procedures

• Oversees daily operations and makes adjustments as necessary

• Develops comprehensive goals for performance and growth strategies

• Establishes and defines key performance metrics (KPIs) to monitor and assess customer satisfaction and quality ratings, and then holds the team accountable for these measures

• Identifies areas of opportunities for capital improvements across the organization, including margin and efficiency improvement opportunities

• Attract, retain, and develop a high-performing team

• Lead, manage and hold direct reports accountable for achieving agreed-upon commitments

• Cultivate and manage healthy relationships with strategic partners and vendors

• Ensure existing, as well as new programs and initiatives, are in line with the Company’s core values

Requirements

• Proven results as a Chief Operating Officer, Vice President, or a similarly relevant role

• Experience building high performing teams, including the ability to recognize and cultivate rising talent required

• Adept at transitioning seamlessly from a strategic level vision to day-to-day tactical operations required

• Working knowledge of data analysis and performance/operation metrics required

• A demonstrated execution mindset and a record of success holding people accountable required

• Understanding of and ability to create healthy organizational culture required

• Excellent interpersonal communication skills required

• Advanced organizational leadership skills required

• Varied experiences and responsibilities in Operations, Finance, and Human Resources strongly preferred

• Experience leading high-performance teams within the cannabis strongly preferred

• Bachelor’s degree strongly preferred

• Advanced degree, MBA or similar, preferred

Reference:

¹ https://bdsanalytics.com/the-state-of-legal-cannabis-markets-webinar/