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Full-Time

Associate Buyer

Posted on 7/1/2024

Curaleaf

Curaleaf

1,001-5,000 employees

Cultivates, processes, and sells cannabis products

Food & Agriculture
Social Impact
Healthcare

Entry, Junior

Hammonton, NJ, USA

Category
Procurement & Sourcing
Operations & Logistics
Required Skills
Sales
Tableau
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in a relevant field
  • Experience in buying, merchandising, supply chain, and/or assortment decision making
  • Strong presentation skills and ability to listen
  • Self-motivated, driven, and comfortable working autonomously with little oversight
  • Ability to make decisions under pressure
  • Must be a self-starter who likes to solve complex problems
  • Advanced proficiency in MS Excel and Tableau (preferred)
  • Ability to gather / analyze data and to work with incomplete information
  • Comfortable in both creative & analytical situations
  • Subject to background check per state cannabis regulations
Responsibilities
  • Creates purchasing strategies that tie to financial goals of each dispensary, state, and region
  • Works with store operations team to craft localized assortments and sales forecasts to drive profitability
  • Develops strong relationships with suppliers of cannabis products to ensure consistent access to product for patients
  • Responsible for managing the full lifecycle of buying: product innovation, vendor meetings, costing negotiations, executive reporting, pricing analysis, promotional calendars, and product exit strategies
  • Builds reports to enhance decision making at all levels of the organization
  • Audit purchasing processes to create “best in class” behaviors
  • Understands the competitive landscape and identifies opportunities for Curaleaf brands and products
  • Manage appropriate inventory levels to ensure dispensaries can exceed sales expectations

Curaleaf provides a range of cannabis products for both medical and recreational users. Their offerings include tinctures, flowers, and edibles, which are cultivated and processed in-house. The company uses advanced encapsulation technology to improve how well the body absorbs these products, aiming to enhance their effectiveness for users. Curaleaf stands out from competitors by not only focusing on product sales through dispensaries and online platforms but also offering medical consultations to guide users in their choices. Additionally, Curaleaf is committed to social responsibility, exemplified by their B NOBLE program that supports individuals affected by non-violent cannabis-related charges. The overall goal of Curaleaf is to provide high-quality cannabis products while promoting awareness and support for social justice issues related to cannabis use.

Company Stage

IPO

Total Funding

$955M

Headquarters

Wakefield, Massachusetts

Founded

2010

Growth & Insights
Headcount

6 month growth

3%

1 year growth

11%

2 year growth

0%
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Simplify's Take

What believers are saying

  • Curaleaf's expansion into the European market through acquisitions positions it for significant growth in a new and promising market.
  • The launch of innovative products like Select Fruit Stiq demonstrates Curaleaf's ability to cater to diverse consumer preferences and stay ahead in product development.
  • Opening new dispensaries, such as the Miami North Biscayne location, enhances Curaleaf's retail footprint and accessibility to consumers.

What critics are saying

  • Regulatory changes, such as amendments to the Farm Bill, could impact Curaleaf's operations and market strategy.
  • The competitive landscape in both the U.S. and international markets requires Curaleaf to continuously innovate and differentiate itself.

What makes Curaleaf unique

  • Curaleaf's launch of a hemp-derived THC product line and direct-to-consumer eCommerce platform sets it apart by combining traditional retail and online sales channels.
  • The company's strategic acquisitions, such as EMMAC Life Sciences and Northern Green Canada, bolster its international presence, particularly in the European market.
  • Curaleaf's commitment to regulatory compliance and safety standards, including cGMP certification, ensures high-quality products that meet stringent guidelines.

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