Retail Buyer

Brief Description

Acreage Holdings is a leading multi-state operator in the cannabis industry. Acreage provides a suite of distinct, modern and accessible brands to serve the diverse needs of the cannabis consumer. We deeply believe in the transformational power that cannabis has to heal and change the world. Our mission is to champion and provide access to cannabis’ beneficial properties by creating the best quality products and experiences.

Summary

This position of Retail Buyer is focused on ensuring the right products are available when and where needed for all dispensaries in our Mid-Atlantic market - NY, NJ & IL. You will have an in-depth knowledge of cannabis products and inform the business of what is attractive to customers. You’ll maintain & leverage relationships with third-party cannabis providers, and utilize business intelligence tools for data-driven decision-making. Excellent work environment with a full benefit package offered including medical, dental, vision, 401(k) plan, life insurance, short- and long-term disability insurance, paid time off, holidays, and other paid leaves of absence.

Essential Functions And Responsibilities

• Oversee daily purchasing operations, proactively managing product levels to maintain well-stocked dispensaries with a diverse range of SKUs with strong sell-through.
• Develop and maintain strong relationships with third-party cultivators and manufacturers, known for your responsiveness, friendliness, and commitment to mutual value.
• Analyze data from various sources to identify top-selling brands and strains/flavors, shaping a targeted inventory purchase plan for each dispensary.
• Establish and maintain a comprehensive purchase and delivery schedule for both in-house and third-party products, ensuring dispensaries are consistently supplied.
• Collaborate with Finance and Procurement to ensure timely submission of purchase orders and payments.
• Work closely with cross-functional teams to align inventory strategy with the needs of both retail and wholesale operations.
• Stay informed about industry trends and new manufacturers to identify innovative products for Botanist, and educate Retail Dispensary Managers on new offerings.
• Partner with the National Director of Retail and Sr. Retail Marketing and Operations Manager on Pricing & Promotions to conduct costing and ROI analyses for promotions with third-party vendors, fostering mutually beneficial relationships.
• Coordinate with the National Director of Retail or Retail Area Managers to ensure compliance with governing and regulatory bodies, managing inventory allocation caps effectively.
• Demonstrate critical thinking and good judgment to make good business decisions that drive positive business results
• Maintain compliance with all company policies and procedures
• Perform related duties as assigned by your manager
  
  

Qualifications

Education and Experience

• Must be 21 years of age or older
• Bachelor's degree required
• 3+ years of retail buying, merchandising, planning or related experience
• Proficient knowledge and understanding of procurement, logistics and inventory management practices
• Experience working independently and as part of a team to carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices
  
  

Computers and Technology

• Proficiency in Microsoft Word, Excel, PowerPoint and Outlook
• Proficiency with inventory systems and office equipment