Bloomstack Beta Partner Program FAQs

What is the Bloomstack Beta Partner Program?

It is an initiative to develop a limited group of passionate and eligible businesses in the legal cannabis industry in the US. BBPP involves participating in a collaborative innovation plan that aims to mentor, assist, and boost deserving entrepreneurs to move to the next level of growth in exchange for special program pricing, along with developing pioneering ideas together.

Who can apply for participation in BBPP?

A business enterprise in the legal cannabis industry in the US, on its way to transition from the initial/start-up stage to the growth stage, is eligible for participation.

Will all applications be selected for the program?

No. Applying does not mean that you qualify to be a Beta Partner. Applicants will be shortlisted based on certain criteria. Then, they take part in interviews conducted by the BBPP Selection Committee. If you clear all rounds successfully, you will be invited to enroll in the program.

Do I have to pay a fee to join the program?

Yes, if selected, you are expected to pay the first-month platform subscription fees of $ 2,750 upon joining. Implementation fees are based on your requirements. Our program specialist will provide more details when they call you.

Do I receive any compensation in return for being a Beta Partner?

Yes. You get to own a piece of Bloomstack Corp. in the form of stocks.

What’s the difference between participating in BBPP and being a client of Bloomstack?

As Bloomstack’s client, you do not get the option of ownership of Bloomstack Corp.’s stocks. You simply use Bloomstack to run your business.

My company already has a software implemented. Can I still be eligible to apply for BBPP?

Yes. Having existing software does not stop you from applying for Bloomstack Beta Partners’ Program. In fact, one of the targeted endeavours of the BPP is to help you replace and upgrade your existing software solutions with Bloomstack’s all-in-one management system.

I am in the process of applying for a business license. Am I still eligible to apply for BBPP?

No. You can only apply program once you have a valid license.

I have applied for the renewal of my license. Can I still be eligible to apply for the BBPP?

No. You will have to wait until you receive your renewed license.

I did not get shortlisted for BBPP. Can I still use Bloomstack?

Yes. It will be a DIY implementation with help from our support team. We will set up a website for you on our servers which will cost you $ 500/month. You will also get access to our exclusive Bloomstack Cannabis Community.

Can I pay the full price for the software and become a part of BBPP without going through the whole process?

Good question. However, the short answer is no.

This initiative is not really about the money but more about the synergy that we are looking for in our Beta Partners since these are the core set of enterprises we would be working closely with.

The good news is you might be eligible for signing up for a ready-to-plug-in off the platform which comes with a nominal, monthly subscription fee of $500. Such selected members can simply set up their system under a DIY approach with assistance from our support team, eventually becoming a part of our community.

What is REGGAE CAMP?

REGGAE is an acronym for Risk & Efficiency Goals Gap Analysis Exercise and CAMP is Compliance And Methodology Plan. This is our very detailed business analysis procedure that will be a part of your onboarding process. This helps us to know your workflows, operating procedures, and any challenges and bottlenecks and you gain invaluable insights on your business and set clear objectives. The Reggae Camp takes 2-3 weeks to complete.

How do I provide my feedback to Bloomstack?

Once you are onboarded, you will get access to our internal feedback portal where you can submit your response.

Will all of my investment convert into stocks?

Yes, 100% of your Investment will get converted into equity. As a Bonus, we are allocating additional 75% towards your fees to use Bloomstack platform. That gives you a value of 175% as a partner. For ex: If you invest $100,000 in Bloomstack you'll receive $100,000 in equity + $75,000 in credit towards your implementation and platform fees.

Frequently Asked Questions