COO

Location: Middlebury, VT

View cannabis job requirements in Vermont
Job Posted:
Nov 13, 2024
Employment Types:
Full Time
Company:
Satori VT

Company & Role Overview

Summary

Company Summary:

At Satori VT, our mission is clear: to cultivate premium cannabis and craft high-quality cannabis products, all while ensuring fair prices for Vermont consumers. Our commitment to this mission drives every aspect of our operations, with a focus on two key priorities, 1. Being profitable and 2. Being a great place to work.

We are dedicated to operating a cannabis company that is profitable because this allows us to fairly compensate our hardworking and dedicated employees and provide raises, bonuses, and continued career growth. As a profitable company we will continue to grow, allowing us to offer more jobs for more Vermonters. 

We understand that our success depends on the commitment, performance, and passion of our employees. That's why we prioritize creating a positive work environment where every team member can thrive. We believe in providing ample opportunities for career development and advancement, as well as fostering a workplace culture that values collaboration and respect. 

At the heart of Satori VT are our core values of honesty, integrity, hard work, and determination.  We strive to create a workforce that shares these values.  We provide equal opportunities to everyone, regardless of race, age, sexual orientation, and criminal background. We believe in meritocracy, valuing individuals based on their commitment to excellence in effort, performance, and results.   

Job Description:  

As the COO, you will play a crucial role in overseeing and optimizing the operational aspects of our cannabis business. This role demands a seasoned executive with a proven track record of driving operational excellence, implementing scalable processes, and fostering a culture of innovation and efficiency.

Salary

$1.00 - $150,000.00 / year

Company BenefitsBenefits for this job may vary.

Career Advancement, Company Discounts, Dental, Medical, & Vision Benefits, Inclusive Environment, Paid Time Off, Relaxed / Casual Dress Code

Working Environment

(No Information)

About Satori VT

Community is at the heart of Satori VT and we’re always looking for great talent, check out our open positions below.

We are an equal opportunity and socially equitable company and do not discriminate based on race, gender identity, culture, or prior criminal history.

Role Requirements

Responsibilities

Operational Leadership:

·       Provide strategic direction and leadership to all operational functions, ensuring alignment with the company's goals and objectives.

·       Oversee and optimize cultivation, manufacturing, and distribution operations to maximize efficiency and productivity.

Process Implementation:

·       Identify and implement operational best practices to enhance efficiency, reduce costs, and improve overall business performance.

·       Develop and refine standard operating procedures (SOPs) to ensure consistency and compliance.

Supply Chain Management:

·       Collaborate with supply chain teams to optimize procurement, inventory management, and distribution processes.

·       Build and maintain strong relationships with suppliers and partners to ensure a reliable and cost-effective supply chain.

Compliance and Regulatory Affairs:

·       Ensure strict adherence to local and state regulations governing cannabis operations.

·       Stay abreast of industry changes and proactively address compliance challenges.

Team Leadership and Development:

·       Build and lead a high-performing operations team, fostering a culture of accountability, collaboration, and continuous improvement.

·       Provide mentorship and professional development opportunities to key team members.

Strategic Planning:

·       Collaborate with the executive team to develop and execute strategic plans that support the company’s growth objectives.

·       Evaluate potential partnerships, acquisitions, and expansion opportunities.

Financial Management:

·       Work closely with the finance team to develop and manage operational budgets, ensuring cost-effectiveness and financial sustainability.

·       Monitor key performance indicators (KPIs) to assess and improve operational performance.

·       Take steps to improve all facets of the operation to maximize the probability of exceeding budget numbers, with focus on top line revenue and net income.

Risk Management:

·       Identify and mitigate operational risks, ensuring a secure and compliant operating environment.

·       Implement contingency plans to address potential disruptions.

 

Brand Building & Marketing

·       Ensure Satori products are displayed in dispensaries with the Satori name and logo visible.

·       Collaborate with R&D and marketing to focus on adding new products to the market.

Physical Requirements

No information provided.

Experience

Skills & Qualifications:

·       Must be 21 years of age or older.

·       Ability to pass a comprehensive background check as mandated by the Cannabis Control Board.

·       Bachelor’s degree in business administration, Operations Management, or related field. MBA is a plus.

·       Proven experience (minimum 10 years) in a senior operations management role, preferably within the cannabis or related industries.

·       Senior level experience in sales, brand marketing, GTM strategy, and general business leadership

·       Ability to be hands on with strategy, business development, and execution of most significant growth opportunities.

·       Strong track record of success in sales strategy, brand marketing, and product innovation.

·       Strong understanding of cannabis regulations and compliance requirements.

·       Demonstrated success in scaling operations, driving process improvements, and achieving operational excellence.

·       Strategic thinker with the ability to translate vision into actionable plans.

·       Excellent leadership, communication, and interpersonal skills. 

·       Financial acumen and experience managing budgets.

·       Adaptable and ability to thrive in a fast-paced, dynamic environment.

Education

(No Information)