Helping a premier cannabis retail developer win the race to market | Fyllo

Helping a premier cannabis retail developer win the race to market

8

New states entered, with complete regulatory confidence

800%

Increase in regulatory coverage across emerging markets

25+

Hours saved each month on regulatory research

"When it comes to new market expansion, speed is everything. Alerts in the Fyllo Regulatory Database notified us of drafted and amended ordinances weeks or even months before they were finalized and released to the public. Speed to market is everything for us."

Director of Compliance, Cannabis Retail Development Firm

The challenge

A premier US-based cannabis retail development firm wanted to expand their business outside of California. But manually researching and calling city clerks across 185+ jurisdictions to stay updated on new developments was too slow.

Miss a new zoning map or amended ordinance, and your property evolution process can be delayed — or you can miss vital growth opportunities altogether. 

With each municipality setting the number of retail licenses available, it’s pivotal to get a head start on fostering these relationships ahead of the competition.

The solution: shift from manual to turbo

The Fyllo Regulatory Database gave them speed their previous solution couldn’t:

  • National regulatory coverage

  • Quick View License Grid, to update the compliance about which municipalities have opted-in to make spotting new retail market opportunities easy

  • Fully customizable notifications, including daily alerts to upcoming meeting dates, agenda items, applications and ordinances for important new markets

Fyllo enabled the team to anticipate opportunities and map out key processes before final regulations were made public. Plus, the retail development firm saves 25+ hours each month on regulatory research.

The results

The cannabis retail development firm has successfully expanded its operations from California to eight states and counting.

To learn more about how the Fyllo Regulatory Database can boost your speed to opportunity, email sales@hellofyllo.com

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