As the Coronavirus continues to spread, many companies are moving to remote work life to ensure the safety of their employees and to do their part to flatten the curve.  However, as we know, when times are stressful, people look for ways and things to help make them feel better and to reduce overall anxiety - cannabis being near the top of the list and for those in medical states, a necessity and not a luxury. As a result, the demand for cannabis is...

The process of hiring a new employee requires substantial time and financial investment from a company and its employees. This makes it critical that you're hiring the right person, setting up the right expectations, and setting your new employee up for success. On average, a new hire costs about 1.5x the actual annual salary. Turnover can increase that cost even more, when considering the overall financial impact on the company, inclusive of hard fees,...

Building a strong, competent, and cohesive team is an art. You can't cobble together a winning team that will take your company to new levels by rushing the process. Adhering to standardized hiring processes is critical, and it is even more crucial if you have a personal history with a candidate. Stick to the process Organizations small and large should have standard operating procedures, including for selection and hiring, that begin to be established...

The cannabis industry is growing at a meteoric rate, and that kind of rapid growth can mean figuring out solutions fast with no road map. One of those solutions is executive recruiting. We’ve been in executive recruiting for over 20 years, and now focus exclusively on the cannabis industry. Over the years, we’ve seen (and helped clean up) mistakes made by companies recruiting on their own. Cannabis has its own unique challenges. Assuming everyone wants...

It wasn't long ago that using retained executive search to recruit high-performance executives to the cannabis industry was unheard of. Now, with 2 out of 3 Americans supporting the legalization of marijuana use, cannabis companies of all sizes are looking to take their executive acquisition processes and human investment to the next level. However, the executive search capabilities of many cannabis companies is still in its infancy – much like the...

In an industry that’s evolving rapidly, it’s critical that cannabis companies nurture their ability to pivot, adapt, and innovate. This is especially true when developing and evaluating your recruiting and hiring processes. There’s an amusing, yet relevant, story about a woman who was cooking a ham for Christmas dinner. Her daughter, wanting to learn to how to cook her mother’s family recipes, watched her prepare the ham for the oven. To her surprise,...

Cannabis companies know that growing a business in this industry is unlike any other. We are pioneers of a new domain. While that comes with a unique sense of excitement and pride, it also comes with its own unique challenges – especially when the industry is rapidly evolving from a camp of adventurous trailblazers to professionalized services. The same fast-paced evolution can be seen in the industry’s professionalization of executive recruitment. The...

At Hunter + Esquire, we understand that cannabis companies face unique challenges when recruiting for their executive teams. In an industry where many companies are still in startup mode, many company cultures, roles, and systems are still being defined. That’s why we customize our executive recruitment process to fit each of our partner’s unique needs and preferences. While the cannabis industry overall experiences extremely high turnover rates, we’re...