Site and vendor acquisition, lending negotiations, and TI leasing
Monroe
Relevant Skills
Revamping SOPs, benefits, and governmental compliance practices, Supervising buildouts, Growing field and corporate staff
Expertise Summary
Monroe has an MBA and deep-rooted experience in the cannabis industry, having been a COO with a multi-store retailer/cultivator since the inception of legal adult-use cannabis.
His responsibilities include strategic growth, finance, licensing and compliance, operations, human resources, and marketing.
During his tenure, Monroe grew the cannabis company from 2 stores and 2 cultivation centers to 10 stores and 4 cultivation centers, including a 40,000 sq/ft state-of-the-art greenhouse.
He directly championed revenue increase from $5M to $51M, with a 17.6% net operating margin for 2020.
With a background of senior management and consultancy roles with companies varying in size from “mom & pops” to premier subsidiaries, Monroe brought his in-depth experience in site acquisition, vendor acquisition, lending negotiations, and TI leasing to his current role.
He supervised buildouts from $400K-$750K per store, a greenhouse budget of $11M, and a new corporate office of $600K.
Monroe was fundamental in growing both field staff and corporate staff, ultimately overseeing approximately 350 personnel.
This included 7 Directors and Vice Presidents.
Monroe is a driver for structure and accountability.
He championed the revamp of the company SOPs, benefits, and governmental compliance practices.
