The Role
At Green Thumb, continuous innovation is a key focus area as we seek to create the best product experiences for cannabis consumers. As a Product Innovation Manager, you will be critical in executing our innovation strategy across one or more key product categories (flower, pre-rolls), through both the expansion of existing product lines and the commercialization of new-to-world products. You will work collaboratively & cross-functionally with operations, consumer insights, brand & commercial marketing, quality, compliance, and R&D to turn innovation concepts into revenue-generating products that grow our business and delight both our trade partners and our consumers. You will also support our VP, Innovation in the development of our portfolio strategy.
This is a hybrid role that requires onsite work at our Chicago office two days per week.
Responsibilities
Strategy:
- Support the development of a multi-year innovation pipeline, grounded in category and consumer insights, industry trends, and local market needs.
- Support the continued optimization of our overall innovation processes and systems.
- Own the life cycle of the existing product portfolio, evaluating and recommending cost savings opportunities, formulation/packaging optimizations, and/or SKU rationalizations.
- Maintain intelligence on the market dynamics, including competitive landscape, market share, and environmental factors impacting GTI’s optimal product portfolio.
Execution:
- Lead the cross-functional development of business cases to validate new product ideas.
- Lead the cross-functional development of new formulations, including the briefing process, internal and consumer sampling, and approvals with key stakeholders.
- Lead the cross-functional development of new packaging structures, including the briefing process, partnership with the packaging team, and approvals with key stakeholders.
- Partner with Project Management to ensure a seamless connection to Operations throughout the new product development process.
- Partner with Brand Marketing to ensure seamless transitions of creative deliverables throughout the new product development process.
- Partner with Consumer Insights to identify research opportunities and/or custom data resources to inform product strategy and features.
- Lead the packaging artwork development process for all market expansion projects.
- Understand all state-specific regulations impacting both formulations and packaging.
People Management:
- Coach, develop, and manage a team of one or more Assistant Brand Managers.
Qualifications
- Bachelor’s degree in marketing, operations, or a related field preferred
- 5+ years of progressive business experience; cannabis or CPG experience is a plus
- Experience partnering with internal stakeholders to drive complex, cross-functional projects within new product development/innovation
- Ability to synthesize consumer and business insights into clear recommendations
- Strong analytical, commercial, and financial acumen; experience managing a P&L is a plus
- Exceptional organization and project management skills; strong attention to detail is a must
- Strong writing, presentation, and verbal communication skills
- Comfortable with ambiguity and able to effectively prioritize and pivot in a fast-paced environment
- Strong product acumen and cannabis knowledge preferred
Additional Requirements
- Must pass any and all required background checks
- Must be and remain compliant with all legal or company regulations for working in the industry
- Must be a minimum of 21 years of age
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The pay range is competitive and based on experience, qualifications, and/or location of the role. Positions may be eligible for a discretionary annual incentive program driven by organization and individual performance.
Green Thumb Pay Range
$85,000—$110,000 USD
Top Skills
What We Do
We are a national cannabis consumer packaged goods company and retailer. Our mission is to promote well-being through the power of cannabis while giving back to the communities in which we serve. Established in 2014, Green Thumb employs over 4,800 people and serves thousands of patients and customers each year.
Green Thumb manufactures and distributes a portfolio of branded cannabis products including RYTHM, Dogwalkers, Beboe, Good Green, incredibles, Doctor Solomon’s, &Shine, and owns and operates rapidly growing national retail cannabis stores called RISE.
Why Work With Us
Cannabis is a rapidly growing industry. It's the Great American Growth story, and it is much more than revenue numbers. It's a story about people first. From our commitment to helping right the wrongs caused by the War on Drugs to our passionate team members, people and their well-being are at the core of everything we do at Green Thumb.
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