Splashy corporate mergers and big stock deals make for great headlines, but for those with a lot of experience in the cannabis industry, we know that the so-called “Green Rush” has been much more hype than substance when it comes to long-term success. Quality products and solid business practices that build strong relationships with top-notch companies and local communities go much further than a shaky foundation built upon public relations and marketing. Politico’s expose of Med Men illustrates the benefit of supporting craft cannabis boutiques like Pendleton’s Kind Leaf instead of multinational corporations that are only about the bottom dollar.
From Politico’s “Lavish Parties, Greedy Pols and Panic Rooms: How the ‘Apple of Pot’ Collapsed:“
In October of 2018, MedMen announced a deal to purchase PharmaCann, an Illinois-based retailer with operations in several states, for nearly $700 million in stock. It was to be the largest-ever cannabis acquisition in the U.S., and the move played well with investors.
But by the end of the year, the spending and the bravado began to catch up with Bierman. In the second half 2018 alone, MedMen lost more than $130 million according to its disclosures.
In November, two MedMen subsidiaries were hit with a class-action lawsuit in a Los Angeles court alleging labor law violations. At the time, a MedMen spokesman told Marijuana Business Daily, “We offer competitive compensation and strive to cultivate a thriving work environment.” The case remains ongoing.
In April, cannabis sales in Florida set a record. Yet in the first week of May, in the latest sign of corporate distress, MedMen shuttered five of its eight retail locations in the state, a move it is describing as temporary. In contrast to the company’s ballyhooed store openings, the closures came abruptly and without explanation.
While companies like Kind Leaf don’t make international headlines, they chug along, doing what they do best: providing top-shelf cannabis and products while helping build up their local community and burgeoning industry. By supplying the biggest selection of strains and instituting programs that uplift local families and the city of Pendleton, Kind Leaf has become an example for others to follow. Sustained success over time and doing good deeds are simply good business practices that can help any company weather any storm. As members of the cannabis community, let’s seek out and support craft cannabis boutiques like Kind Leaf over the Apple-of-Cannabis wannabees looking to cash in big for their executives and shareholders.
March 10 marks three years since the opening of Kind Leaf. What started as a dream and a hope, has evolved into Eastern Oregon’s premier craft cannabis boutique. With Oregon’s biggest and best selection and many products that are exclusive to Kind Leaf in Pendleton, there is no better place for some of the world’s best cannabis flower and products. Additionally, Kind Leaf stays stocked with non-cannabis items, making it a one-stop shop for tourists or those purchasing gifts for friends and family.
When shopping at Kind Leaf, customers know that they are supporting a local, Oregon-owned small business that gives back to the community. Kind Leaf shows that they care by sponsoring local neighborhood events, culminating in the Kind Tree program that benefits families in need of help providing a magical Christmas Day for their children. The cannabis boutique is also at the forefront of protecting the public, from ensuring that consumers are getting accurate information to helping prevent communicable viruses.
The cannabis industry is not for the faint of heart. The rules, regulations, and taxes are very burdensome and the profit margins slim, but if your heart is in the right place and you provide a quality product, you can achieve the American dream. Kind Leaf is a great example for other businesses to follow, as good work and good deeds can equal good business. Happy birthday, Kind Leaf, here’s to many, many more.
The Kind Leaf team and customers are delivering gifts to over 50 children from families in need this Christmas.
I don’t have any children myself, but I imagine that raising kids as the most rewarding but frightening task that people can undertake in their lives. There is no love like the love between parent and child and the responsibility of caring for, protecting and educating these young beings so full of promise and potential has to feel overpowering at times. To help parents struggling with bills and providing a great Christmas for the kids, Kind Leaf has set up their Kind Tree program that ensures that some deserving family has an amazing holiday. Kind Leaf, thanks to the generosity of their team and customers, has helped over 20 families over the last two years. Nominations are open until Monday, December 9th.
How to nominate a family for the Kind Leaf Kind Tree program
If you know of a family that could use help, send an email to email@example.com with one paragraph about the family being nominated. Tell Kind Leaf a little bit about why the children should be selected for the a Kind Tree. If the family you nominated is selected someone at Kind Leaf will reach out for more information. The children will have a “Santa’s worth” of presents delivered to their home in time to open them on Christmas morning.
How can you help families in need enjoy Christmas?
You can donate to the Kind Tree program by visiting Kind Leaf in Pendleton at 1733 SW Court Avenue during regular business hours (8 am to 10 pm) and selecting a tag from the Kind Tree and returning with a gift suitable for the gender and age listed on the tag. Kind Leaf encourages gifts of $25 or more as Eastern Oregon’s preeminent craft cannabis boutique will then kindly return your generosity with a Kind Tree credit to use in the store during your next visit.
This holiday season, you can support a small local Oregon business and help out a deserving family in need while earning store credit at the cannabis retailer with the biggest and best selection in Oregon. It’s a win-win-win! Happy holidays, everybody!