Job Profile: Director of Revenue Planning

Job Profile: Director of Revenue Planning

Job Profile: Director of Revenue Planning

Info: This profile details the strategic role of the Director of Revenue Planning, a position that serves as the analytical core of a cannabis enterprise, navigating market volatility and regulatory complexity to build a predictable and profitable growth engine.

Job Overview

The Director of Revenue Planning is the architect of a cannabis organization's commercial strategy, responsible for converting market data into a cohesive financial roadmap. This role operates at the critical intersection of sales, marketing, finance, and operations. The director must synthesize fragmented data from disparate state markets, each with its own regulatory framework, consumer behavior, and competitive pressures. The position involves translating insights from seed-to-sale tracking systems, dispensary point-of-sale data, and wholesale market platforms into actionable revenue forecasts and production plans. This function is essential for navigating the industry's unique challenges, such as wholesale price compression, the financial constraints of IRS code 280E, and inconsistent supply chains. The Director of Revenue Planning provides the analytical foundation that enables an organization to optimize pricing, manage inventory, and allocate capital effectively for sustainable, multi-state growth.

Strategic Insight: In an industry defined by cash constraints and regulatory hurdles, a precise, data-driven revenue plan is the single most important tool for ensuring capital efficiency and predictable growth.

A Day in the Life

The day begins with an analysis of sell-through data aggregated overnight into a central Tableau dashboard. The focus is on key performance indicators from major Multi-State Operator (MSO) partners across several states. A performance anomaly is identified: sales of a flagship edible SKU have declined 15% week-over-week in the Arizona market, while velocity remains strong in Nevada and Massachusetts. The initial analysis involves drilling into the data to determine if the decline is concentrated within a specific dispensary chain or is a broader market trend. This requires isolating data from different POS systems and cross-referencing it with internal shipment records.

By mid-morning, the director convenes a quick meeting with the Arizona regional sales manager and the brand manager for edibles. The sales manager reports that a regional competitor has just launched a new fast-acting gummy at a 10% lower price point, supported by an aggressive in-store promotional campaign. The director's next task is to build an Excel model to evaluate response scenarios. This model must calculate the margin impact of a defensive price reduction, factoring in Arizona’s specific excise tax structure and the higher Cost of Goods Sold (COGS) for that particular product. The analysis presents the financial trade-offs between protecting market share and preserving margin, providing a clear, data-backed recommendation for the executive team.

Alert: A reactive price drop without a full margin impact analysis under 280E can inadvertently make a profitable SKU unprofitable. Every decision must be modeled against the unique tax and cost structure of the cannabis industry.

The afternoon is dedicated to leading the monthly Sales and Operations Planning (S&OP) meeting. The director presents the updated demand forecast, which now incorporates the new competitive threat in Arizona and stronger-than-expected launch sales for a new vape cartridge in the recently opened New York market. This forecast directly informs critical operational decisions. The cultivation team uses the data to determine if they need to allocate more canopy space to the specific strains required for the high-demand vape oil. Simultaneously, the supply chain team adjusts its purchasing plan for hardware and packaging materials. The goal is to ensure product availability in high-growth markets while avoiding the costly inventory write-offs that cripple under-planned cannabis companies.

The day concludes with refining a presentation for the quarterly board meeting. This involves updating the long-range financial model to reflect the latest state-level forecasts and MSO partnership developments. The director builds slides that clearly visualize SKU-level performance trends, channel profitability, and the projected revenue impact of entering a new market like Maryland. This work provides the C-suite and board with the strategic clarity needed to make informed decisions about future investments, expansion priorities, and overall corporate strategy.


Core Responsibilities & Operational Impact

The Director of Revenue Planning is accountable for three interconnected domains that form the commercial backbone of the organization:

1. Strategic Forecasting & Financial Modeling

  • Demand Planning: Developing granular, SKU-level demand forecasts for each state, incorporating seasonality, market trends, promotional calendars, and competitive activity.
  • Revenue Budgeting: Owning the creation of the annual revenue budget and quarterly re-forecasts, working in close collaboration with finance and sales leadership to ensure targets are both ambitious and achievable.
  • Scenario Analysis: Building robust financial models in Excel to assess the potential impact of various strategic initiatives, such as new product launches, MSO partnership expansions, or entry into new legal markets. This includes modeling pricing elasticity and its effect on gross margin.

2. Business Intelligence & Performance Management

  • KPI Development & Tracking: Establishing and monitoring key performance indicators (KPIs) such as SKU velocity, average selling price (ASP), days of inventory on hand, and market share. This requires creating and managing Tableau dashboards for executive review.
  • Assortment & SKU Rationalization: Conducting rigorous assortment analysis to identify top-performing products and underperforming SKUs that should be discontinued. This data-driven process optimizes shelf space and production capacity.
  • Data Integration & Governance: Overseeing the integration of data from multiple sources, including the company's ERP system, third-party sales data platforms, and seed-to-sale compliance software, to create a single source of commercial truth.

3. Sales & Operations Planning (S&OP) Execution

  • S&OP Process Leadership: Leading the cross-functional S&OP cycle to align sales forecasts with production, inventory, and supply chain capabilities, ensuring operational readiness to meet market demand.
  • Inventory Optimization: Collaborating with operations to set inventory targets that balance the risk of stock-outs against the cash flow impact of holding excess product, a critical task in an industry with perishable goods.
  • Promotional Planning & Analysis: Working with sales and marketing teams to model the expected lift and ROI of promotional activities and trade spend, ensuring that marketing investments translate to profitable revenue growth.
Warning: The failure to effectively connect demand forecasts to production plans via a structured S&OP process is a leading cause of financial distress in cannabis, leading to missed sales or catastrophic inventory write-offs.

Strategic Impact Analysis

The Director of Revenue Planning creates tangible value across the enterprise by directly influencing core financial and operational outcomes:

Impact Area Strategic Influence
Cash Preserves working capital by aligning inventory levels with data-driven demand forecasts, minimizing cash tied up in slow-moving or expiring products.
Profits Maximizes gross margin by providing the analysis needed to optimize pricing, focus on high-profit SKUs, and strategically manage trade spend and promotions.
Assets Increases the return on invested capital by ensuring that high-value cultivation and manufacturing assets are utilized to produce products with the highest market demand and profitability.
Growth Enables successful market expansion by creating reliable revenue models for new states and identifying the optimal product assortment for launch, de-risking go-to-market strategies.
People Provides the sales team with credible, data-backed sales targets and quotas, improving motivation and enabling the design of effective incentive compensation plans.
Products Guides the product innovation pipeline by using sales data and assortment analysis to identify white space in the market and consumer trends, ensuring new products meet a clear demand.
Legal Exposure Reduces financial reporting risk by creating a disciplined and well-documented process for revenue forecasting that stands up to the scrutiny of audits and investor due diligence.
Compliance Ensures that all revenue planning and forecasting implicitly considers state-specific regulatory constraints, such as THC potency limits or product format restrictions.
Regulatory Models the financial impact of potential changes in state regulations, such as shifts in excise tax rates or the introduction of new license types, enabling proactive strategic adjustments.
Info: This role is the connective tissue between the company's financial goals and its day-to-day commercial and operational execution.

Chain of Command & Key Stakeholders

Reports To: This position typically reports to the Chief Financial Officer, Chief Revenue Officer, or VP of Sales Strategy.

Similar Roles: Professionals with experience as a Director of Financial Planning & Analysis (FP&A) with a commercial focus, Director of Demand Planning, or Director of Commercial Finance in the CPG, alcohol, or retail industries will find the core competencies highly aligned. Other relevant titles include Head of Sales Operations or Director of Business Analytics. This role requires the financial discipline of FP&A combined with the market-facing insight of a sales strategy leader.

Works Closely With: This is a highly cross-functional role requiring constant collaboration with the Head of Sales, Chief Marketing Officer, Director of Operations, and the Finance Controller.

Note: The effectiveness of the Director of Revenue Planning depends on the ability to build strong partnerships across the organization and influence decision-making with objective, data-driven insights.

Technology, Tools & Systems

Mastery of specific data and analytics tools is essential for success:

  • Business Intelligence (BI) Platforms: Advanced proficiency in Tableau or Microsoft Power BI is required for creating dashboards and visualizing complex sales data from multiple states and channels.
  • Enterprise Resource Planning (ERP) Systems: Deep experience with major ERPs like NetSuite, SAP, or Microsoft Dynamics is critical for extracting financial and inventory data. Experience with a cannabis-specific ERP implementation is highly valued.
  • Advanced Financial Modeling: Expert-level skills in Microsoft Excel are non-negotiable for building multi-variable scenario models, demand forecasts, and pricing analyses.
  • Cannabis Data Platforms: Familiarity with industry-specific data sources like BDSA, Headset for market intelligence, and LeafLink for wholesale pricing trends, is crucial for benchmarking and contextualizing internal data.
Strategic Insight: The ability to integrate data from a complex ERP system with external market data from platforms like BDSA is what elevates this role from reactive reporting to proactive strategic planning.

The Ideal Candidate Profile

Transferable Skills

High-performing candidates often transition from industries with analogous complexities:

  • Consumer Packaged Goods (CPG): Professionals with a background in demand planning, category management, or trade marketing analytics bring an essential understanding of SKU velocity, assortment optimization, and retail channel dynamics.
  • Alcohol & Tobacco: Experience in these highly regulated, state-by-state industries provides direct knowledge of navigating complex tax structures, distribution tiers, and marketing restrictions.
  • E-commerce & Tech: A background in growth analytics or business operations within a fast-scaling tech company provides expertise in using data to drive rapid decision-making and manage high-growth ambiguity.
  • Management Consulting & Corporate Strategy: The rigorous analytical training, advanced financial modeling capabilities, and executive communication skills developed in these fields are directly applicable to the strategic demands of this role.

Critical Competencies

The role requires a unique blend of analytical and interpersonal skills:

  • Analytical Horsepower: The ability to deconstruct complex business problems, build sophisticated models from incomplete data, and derive clear, actionable insights.
  • High Ambiguity Tolerance: A comfort level with making decisions and forecasts in a rapidly evolving environment where data is often imperfect and regulatory landscapes can shift overnight.
  • Influential Communication: The capacity to translate complex data analysis into a compelling narrative for cross-functional partners and senior executives, driving alignment and action without direct authority.
Note: While prior cannabis experience is an asset, the core requirements are exceptional analytical skills and a proven ability to drive commercial strategy in a complex, fast-paced industry.

Top 3 Influential Entities for the Role

The strategic context for this role is shaped by three types of external entities:

  • State Cannabis Regulatory Bodies: Organizations like California's Department of Cannabis Control (DCC) or Massachusetts' Cannabis Control Commission (CCC). These agencies define the fundamental rules of the market, including product formats, THC limits, tax rates, and reporting requirements, which form the constraints for any revenue model.
  • Cannabis Market Data Platforms (BDSA, Headset): These firms are the Nielsen and IRI of the cannabis industry. Their aggregated POS data provides the essential competitive intelligence and market trend analysis needed to benchmark performance, identify opportunities, and build realistic market share assumptions.
  • Key Multi-State Operators (MSOs): Large retail partners like Trulieve, Curaleaf, and Green Thumb Industries. Their purchasing decisions, promotional strategies, and inventory management practices directly impact a brand's revenue stream. Building strong data-sharing partnerships with these MSOs is critical for accurate forecasting.
Info: A candidate who can speak fluently about the data and strategies of the top MSOs demonstrates a deeper, more practical understanding of how revenue is actually generated in the cannabis industry.

Acronyms & Terminology

Acronym/Term Definition
280E A section of the U.S. Internal Revenue Code that prohibits cannabis businesses from deducting ordinary business expenses from gross income.
AOP Annual Operating Plan. The yearly financial and operational roadmap for the business.
ASP Average Selling Price. A key metric calculated by dividing total revenue by the number of units sold.
BI Business Intelligence. The use of software and services to transform data into actionable insights that inform business decisions.
ERP Enterprise Resource Planning. Centralized software used to manage day-to-day business activities such as accounting, procurement, and supply chain operations.
FP&A Financial Planning and Analysis. The department responsible for budgeting, forecasting, and analyzing financial data to support decision-making.
KPI Key Performance Indicator. A measurable value that demonstrates how effectively a company is achieving key business objectives.
MSO Multi-State Operator. A cannabis company that operates in more than one U.S. state.
POS Point of Sale. The system used in retail stores to process transactions. Data from dispensary POS systems is critical for understanding consumer behavior.
S&OP Sales and Operations Planning. A monthly integrated business management process that empowers leadership to focus on key drivers to manage the business.
SKU Stock Keeping Unit. A unique code for each distinct product and service that can be purchased. Used for inventory tracking.
Velocity The rate at which a product sells in a given store or market. A key measure of a product's success.

Disclaimer

This article and the content within this knowledge base are provided for informational and educational purposes only. They do not constitute business, financial, legal, or other professional advice. Regulations and business circumstances vary widely. You should consult with a qualified professional (e.g., attorney, accountant, specialized consultant) who is familiar with your specific situation and jurisdiction before making business decisions or taking action based on this content. The site, platform, and authors accept no liability for any actions taken or not taken based on the information provided herein. Videos, links, downloads or other materials shown or referenced are not endorsements of any product, process, procedure or entity. Perform your own research and due diligence at all times in regards to federal, state and local laws, safety and health services.

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