May 26, 2020
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Precision Extraction Solutions is an industry leader in cannabis and hemp extraction technology, equipment, site planning, training, and consulting. The company was founded seven years ago with a primary focus to build the best technology and the best extraction equipment.
Today, Precision Extraction Solutions has transformed into a full-service firm. The team doesn’t just design and engineer the equipment. Now, they install the equipment for clients, train their staff members, and ensure that each client is going to be successful.
Cannabiz Media spoke with Nick Tennant, Founder and Chief Technology Officer of Precision Extraction Solutions, to learn more about his company and how his team uses the Cannabiz Media License Database to attract and nurture leads in order to grow the business.
Precision Extraction Solutions subscribes to the Cannabiz Media License Database for targeted outreach, lead generation, nurturing communications, and more. “We use the Cannabiz Media License Database as much as possible,” says Nick. “We take every opportunity that Cannabiz Media provides to us to execute on any outreach.”
For Nick and the team at Precision Extraction Solutions, outreach and communication are critical in the cannabis and hemp industries. “There’s a lot of noise,” says Nick. “Anything you can use, such as the Cannabiz Media License Database, to your advantage to do outreach to your client base is really, really advantageous, because it shows your expertise. People really look towards that type of guidance and understanding in the industry because there are so many new entrants.”
By leveraging the tools in the Cannabiz Media License Database, Nick and his team can prove their expertise by sharing knowledge and building brand trust that leads to sales. In addition, they can identify and act on new opportunities.
“We’re constantly looking at the data,” explains Nick. “We know when the states are coming on. We identify those license holders, and we’re absolutely reaching out to these new markets well in advance of them coming online. It’s something we’re always looking at. We’re always monitoring, and we’re always trying to get in a pole position.”
The team at Precision Extraction Solutions is very focused on the future. Nick shares, “We pride ourselves on innovation, number one. It’s one of the key things that we focus on. We’re always looking at new markets and new initiatives. We have a team of over a dozen people that only focus on these particular topics.”
Nick’s team is particularly focused on the European Union market in the near future as well as continually building his company’s intellectual property (IP) portfolio. “We really focus on our IP and coming up with new novel processes,” says Nick. “We have a Research and Development and Science Team that is specifically working on process improvement and integration. We’re looking at new markets, and we’re adapting to existing market trends in order to keep our business doing well.”
For more information about Precision Extraction Solutions and to hear additional insights from Nick Tennant, follow the link and listen to Cannabiz Media’s recent Cannacurio podcast episode featuring Nick as the special guest.
To learn more about how subscribing to the Cannabiz Media License Database can help your business, follow the link and schedule a free demo.
