Proactively Suppressing the Threats of a Crippling Recession

Proactively Suppressing the Threats of a Crippling Recession

As the spread of COVID-19 continues, the United States and its various jurisdictions are issuing orders to stay at home and refrain from having close contact with other individuals. The immediate results are obvious – business is slowing, consumers are spending less and some businesses are forced to close doors. It seems like every day, at least in California, a mayor is issuing an executive order with a single objective in mind: flatten the curve.

But the reach of these orders extend far beyond the health and safety of individuals –

The local moratoriums on evictions, both commercial and residential, will curb immediate and long-term homelessness by providing residents and small business owners a grace period of sorts. This allows the individual or business up to 6 months, in some cases, to recover from the virus, return to work or obtain new employment; or in the case of businesses, to restructure, strategize, and once more, become profitable.

Federally, the stimulus package expected to be signed into law by early next week, would provide small businesses and individuals an opportunity to find some normalcy in this strained economic environment. The bill, in many respects, is a way to reinvest into the economy and its people by providing an opportunity of relief for small businesses and workers. While it would ultimately provide the healthcare industry the resources it needs to combat the virus and protect healthcare employees fighting this battle on the frontlines, the stimulus package would also provide relief for businesses. It would make businesses of less than 500 employees eligible for small business loans that could ultimately convert to SBA grants, eliminating the expectation of having to pay it back. However, this loan would not be without conditions – businesses would only be eligible for the conversion if they refrain from employing retrenchment strategies, capable of economically affecting their employees, throughout the duration of the crisis.

From a public policy perspective, the creation of a $350 billion small business fund creates job security, both immediately and in the long-term. The loan avoids the common-practice of salary cuts and layoffs we’re already experiencing; avoids bankruptcy and closures; incentivizes employers to keep long-term employees and sustain an established workforce; illustrates good faith on behalf of the employer and incites morale and employee loyalty; and avoids future costs of rehiring and training unseasoned staff.

The aforementioned factors ultimately curb the incessant rise of the national unemployment rate which has now increased by 30%, gravely disturbing the previous record of 3.5% in 2019.

As of today, more than 3 million Americans have applied for unemployment. These, and others already on unemployment could expect their checks to increase up to $600 per week for up to four months, allowing those unable to work or otherwise financially burdened by the crisis to afford essentials and potentially a similar lifestyle, allowing them to spend more at restaurants and retail stores, further feeding into the economy.

Fortune 500’s and other big businesses have been paving their own roads for consumer protections amidst the crisis – companies such as Bank of America are becoming proactive in protecting their customers against overdraft fees, late fees, and delayed payments. Last week Bank of America announced it would defer mortgage and loan payments for customers directly impacted by the novel virus, whether economically or physically. Other banks such as Chase, Citi, PNC and more followed suit. These safeguards place many Americans in a far more favorable position in the face of recession.

The combined efforts of federal, state and local governments, communities, and private businesses proactively suppress the threats of a crippling recession and mitigate the potential long-term effects of this global crisis.

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INTELLECTUAL PROPERTY MANAGEMENT

SIVA holds the intellectual property rights for the brands it has developed and/or acquired, or brands with a licensing agreement in place. IP rights may include, but are not limited to, formulation & methodology IP branding, design, packaging and marketing IP, and more. Over the last decade, SIVA has developed relationships with license holders across the country that can be leveraged to forge strategic partnerships. SIVA is able to take client brands and products and provide national exposure and shelf space in various state regulated markets.


SIVA Intellectual Property Management services include:


Strategic partnerships
Market expansion
Local, state and national connections
Production management
Quality control

PRODUCT FORMULATION & DEVELOPMENT

SIVA is uniquely positioned throughout the cannabis industry – geographically and by industry segment – to identify market trends and the unmet needs of patients and consumers. SIVA’s access to relevant and groundbreaking industry trends and insider information helps clients identify which segments have yet to be tapped into. We provide product development expertise and capacity for partners and acquired brands to promote diverse and reliable products for patients and consumers, while expanding their existing product offerings. SIVA has a state-of-the-art R&D department strictly dedicated to developing cutting-edge formulations.


SIVA Product Formulation & Development services include:

Consistent and reliable products
New and improved formulations
State-of-the-art technology
Consistent and precise dosing
High/low potency
Great taste
Market analysis
Cost analysis
Vendor sourcing

PACKAGING

SIVA brings clients full circle helping clients bridge the gap between branding and packaging and labeling. Our methods ensure that brand integrity remains intact and that packaging and labeling meet all applicable local and state laws and requirements. We bring creative difference and commercial edge together so that clients meet their business objectives. SIVA’s high-quality, in-house packaging solutions offer an endless variety of reliable, bulk or retail-ready packaging options that reflects the integrity of your individual brand. Our in-house creative team helps clients identify the right packaging for their products.

LICENSING

One of SIVA’s core competencies is licensing and compliance. Our industry experts provide comprehensive knowledge, understanding and insight into the regulatory framework of cannabis laws and regulations across the United States, which we use to help clients get their commercial cannabis licenses. Through our Licensing service, SIVA Brands will work with manufacturing partners to adhere to strict product formulations, brand designs and all other client needs in order to bring client products and brands wherever cannabis has been legalized.

SIVA’s Product Licensing services include:


Market expansion
Local, state and national connections
Strategic partnerships in manufacturing
Quality control

MANUFACTURING

SIVA owns and operates one of the largest, state-of-the-art manufacturing facilities in Southern California that strictly adheres to the FDA, OTC, Good Manufacturing Practices (G.M.P.), and State of California cannabis manufacturing compliance policies.
We offer manufacturing services at scale for new or existing products, including CBD products. We take your idea from concept all the way through to market at production costs that rival large manufacturing competitors across the country. Our state-of-the-art manufacturing facilities provide our partners with a true “one stop shop”. We serve companies of all sizes, ranging from multi-state organizations to start-up businesses, and have proven experience in lowering costs and risks normally associated with creating your own Private Label or a new custom-formulated product. Our internal Quality Assurance and Quality Control department monitors all aspects of the manufacturing process. All formulated products are blended and packaged in our OTC and FDA compliant facilities to assure the highest quality results for our clients.
SIVA’s Product Manufacturing services include:


Sample Development
Cannabis extraction
Consistent and reliable oils
Proprietary formulations
A Wide array of product manufacturing
State-of-the-art security
State and local compliance
Packaging and Labeling
Distribution
Testing
Compliance

BRAND DEVELOPMENT

We work with forward-thinking companies to build brands that stand out. We believe that part of successful branding is being able to tell a story- about the company, the brand, and what it embodies. Our team works closely with clients to help them navigate the complexity of regulations without losing sight of what makes effective brand marketing possible. Brand Development services include:

Brand Development
Product / Brand Ideation
Positioning / Messaging
Logo Design / Identity
Brand Guidelines
Go To Market Strategy
Packaging
Point-of Purchase Displays / Trade Dress
Environmental Design

Distribution Management

With cannabis distribution quickly coming to the forefront of nationwide and global cannabis markets, tactical, strategic, and logistical operations is thriving. Distribution has a key role in the success of the industry and other verticals, since it relates directly to business-to-business and business-to-consumer relationships. Our team provides strategic insight into distribution operations and tactical implementation to ensure that operators in all verticals are able to safely and successfully transport, store, and distribute cannabis and cannabis goods to other operators, consumers, and countries.

Manufacturing Management

As the regulated cannabis industry continues to mature, manufacturing is proving to be among the most scalable vertical. With deep insight into equipment, processes, management, and regulations, our team systematically tailors operational plans and management to meet client needs and market demands. We work with prospective, new and legacy cannabis manufacturing operators that process both medical and adult use cannabis products.

Dispensary Management

Our team brings years of experience in establishing, managing and scaling dispensaries. With a wide spectrum of services available, clients are able to determine the ideal management approach and tailor services to their individual needs. Our services are suitable for both established and developing medical and adult use dispensaries.

Cultivation Management

We provide full-scope management solutions from implementation to post-license operations management. With our team of experienced cultivators, we tailor everything to meet client needs. Our management services guarantee that cultivation facilities run efficiently, effectively and are compliant with all applicable rules and regulations.

Staff Training

SIVA offers on-site employee training led by industry experts for new, expanding and established businesses. To guarantee results, our comprehensive training programs utilize written instruction and on-the-job training. Employees are required to undergo testing at the end of each training session to confirm demonstration of measurable skills and knowledge acquired. All training is documented, and a signed statement is obtained from each employee that indicates the date, time, place of training and the focus of the training. It is recommended that employees receive 24 hours of on-going training annually.

Security & Compliance Plans

SIVA develops security and compliance plans that meet and exceed regulatory requirements. These plans have been developed through years of experience in regulated cannabis markets throughout the country. Each plan is specifically tailored to your businesses size, operations and regulatory requirements.

Operations Manuals

SIVA Consulting is here to help you develop comprehensive operations manuals for cultivation, manufacturing, distribution, testing and dispensing. These manuals are created by our team of industry professionals and are tailored to meet your business’ needs while incorporating proven best practices that have been implemented in existing markets. This allows your company to utilize best practices to increase efficiency, profitability and sustainability. Our team of experts will walk you through each procedure step-by-step and develop customized operations manuals that fit your specific business.

Business Plans

Our business plans have two primary purposes. First, to be used to help you run your company with a clear and cohesive road map by analyzing your plan from concept to implementation — and second, to provide crystal clear intentions and communication to all necessary compliance and regulatory agencies.

Our highly detailed business plans are utilized for operational purposes, to attract new management and staff, to demonstrate to investors how the company plans to make profits, and to communicate with licensing or regulatory agencies about how the company intends to remain in compliance with industry rules and regulations.

Financial Modeling

The accurate development of financial models and projections requires an in-depth understanding and analysis of key assumptions that fuel the cannabis industry. We construct a financial representation of some or all aspects of every project we develop. These models can help summarize particular events for your business, such as investment management returns or the Sortino ratio (measuring the risk-adjusted return of an investment asset, portfolio or strategy) and provides essential information for making strategic decisions.

Financial models are a critical aspect of your business plan and a crucial component of local and state cannabis applications. SIVA Consulting builds financial models to help you make informed, strategic decisions before committing funds to any project.

APPLICATION SUPPORT

The process of acquiring state and local licenses can be complex and difficult to maneuver if you are not familiar with local and state regulations and guidelines. SIVA has consulted with clients with all levels of experience and have achieved exceptional results in merit-based applications nationwide. Our deep knowledge in all aspects of the industry can help you plan and articulate a grow operation in Pennsylvania, a manufacturing operation in California, a dispensary in Ohio, and anywhere in between.

We are frequent speakers at industry conferences and forums, and serve as expert resources for industry publications and policy makers. We actively network and review active and pending rules and regulations with clients, partners and investors across the U.S. As a result, SIVA Consulting has one of the highest success rates nationwide in state licensing.