At Spectra360, we know how important it is to have the right candidates on your team, especially when hiring in the CBD industry. As the industry rapidly grows, more and more opportunities are becoming present in the job market.
“In a survey of 2,000 U.S. consumers, 1,500 reported using a CBD product within the last three months. With a CAGR of 39.5% for CBD oil alone, the U.S. CBD market is sprinting towards becoming a multibillion-dollar industry.” (Forbes).
However, with every upside, there’s a downside. The industry is also very risky. It’s still considered illegal under federal law, the success rates are low, and the market is oversaturated. Celeste Miranda, Founder of the CBD Expo Tour, told WFYI that “the time of free-wheeling growth is over. You know there’s going to be a bigger supply. Oversaturation? Absolutely. So many factors come in at that point then. Things like marketing, branding, do you have all your checkpoints in place to be [sic] that survives.” (Forbes)
Making sure that you are prepared with the right team to help keep your production and distribution operations running smoothly is very important. This industry is rapidly evolving and with the help of Spectra360 we’ll make sure you’re equipped to handle whatever comes your way.
So, what are the keys to success?
Hiring the right employee can make all the difference in production and workplace morale. Oftentimes the CBD industry can attract people that have the wrong motives. Instead, you need someone who is genuinely interested in helping your business grow.
Zappos CEO Tony Hsieh once estimated that the cost of bad hires cost his company “well over $100 million.” (Forbes).
This is why it is so important during the hiring process to take your time, do your research, and ask the right questions. You can’t afford unmotivated workers! Otherwise, you could end up hiring the wrong candidate, costing you more in the long run that it would have had you found a candidate that fits in with your workplace and company culture.
Hiring in this industry can be extremely challenging, and very costly if you make the wrong choice when searching for the right candidate. To assist you with your hiring process, we’ve put together some of our best practices all in one place.
Click the image below to download your free hiring guide, specifically for the Cannabis and CBD industries.
We’ve put this resource together knowing that in such a highly regulated industry, there’s a lot of information you need to know and rules you must remember.
With our CBD & Cannabis Hiring Guide, you’ll have 24/7 access to these tips:
- Interview Do’s and Dont’s
- How to ensure your onboarding process runs smoothly
- How to search for the right candidate and what skills or characteristics to look for
- Requirements that states and municipalities require for workers in the CBD industry.
While CBD businesses can benefit from the expertise of people within the industry, they can also benefit from the knowledge of other industry leaders. By working with Spectra360 as a staffing partner, we’ll help you visualize your future and map out your long-term and short-term goals. Depending on what your needs are, we can supply you with employees on a temporary, temp-to-hire, or direct-hire basis so that you can expand or shrink your business as you navigate through demand and seasonal trends.
Since 2013, Spectra360 has earned a reputation for its excellent service.
Spectra360 is quickly becoming the go-to staffing company for many of the nation’s fastest-growing CBD companies. We now serve clients nationwide and continue to grow thanks to the hard work and commitment of each employee.
Our hiring staff specializes in partnering with CBD distributing companies. We know the ins and outs and we can help you find the right people.
Download our FREE resource or contact the experts at Spectra360 to see how we can help your business thrive.