Buyer – MA

The Role

The Buyer Is responsible for driving the revenue and profitability of our retail business. To do this, the Buyer will set and execute market-specific assortment strategies--including products, their prices, and promotions--that help create a world-class patient/customer experience. We're looking for Individuals who possess unwavering integrity, unquenchable curiosity, and a passion for cannabis.

Responsibilities

• Collaborate with cross-functional stakeholders to develop localized assortments, retail pricing strategies, and sales forecasts to drive profitability.

• Allocate internally produced products from our manufacturing site to our stores on a weekly basis.

• Execute allocation and purchasing strategies that align with the financial goals of each dispensary and market.

• Collaborate with the Marketing team to define and execute local retail marketing campaigns.

• Cultivate strong relationships with cannabis product suppliers to ensure consistent access to products for our patients.

• Anticipate potential problems and risks, generating insights and proposing effective solutions based on data analysis.

• Establish and maintain a reputation of credibility and responsiveness in the marketplace.

• Gather critical information from vendors regarding market trends and competitor buying activity, and present findings effectively.

• Monitor the market through competitor pricing, promotional activities, and product launches, utilizing comp shopping techniques.

• Manage the complete assortment lifecycle, including innovation, vendor meetings, costing negotiations, sales analyses, promotional calendars, and product exit strategies.

• Present the current state, health, and future plans for the retail business to senior leadership.

• Conduct audits of purchasing and allocation processes to identify areas for improvement and implement best practices.

• Maintain appropriate inventory levels to exceed sales expectations while minimizing unnecessary liquidation.

Qualifications 

• Experience in retail buying, merchandising, planning, or category management. 7-10+ years of relevant experience. Retail planning experience preferred.

• Experience managing external relationships, adversarial and collaborative negotiations.

• Adapts and thrives in a demanding, start-up, fast-paced environment

• Strong presentation skills and ability to listen to the opinions of others to help form a cohesive decision 

• Ability to make decisions under pressure when needed 

• Must be a self-starter who likes to solve complex problems

• Advanced proficiency in MS Excel

• Ability to gather / analyze data and to work with incomplete information

• Analytical mindset

• Highly motivated, self-directed, innovative and able to work independently or among teams with keen judgment, common sense and resourcefulness

• Possesses a high level of critical thinking

• Operates with a high level of professionalism and integrity, including dealing with confidential information

• Must understand and comply with the rules, regulations, policies, and procedures of GTI

• Eager to learn cannabis compliance laws, rules and regulations and passion to further their understanding and knowledge of the industry and the laws.

• Bachelor’s degree preferred in a relevant field

Additional Requirements

• Must pass any and all required background checks 
• Must be and remain compliant with all legal or company regulations for working in the industry 
• Must be a minimum of 21 years of age
• Must be approved by state badging agency to work in cannabis industry