Member Spotlight: Glory Global

Member Spotlight: Glory Global

Member Spotlight

About Glory Global

 

Joseph Gnorski

Glory Global, Glory-Global.com

Joseph Gnorski is Senior Vice President of Retail Markets for Glory Global, which provides cash technology solutions to a variety of industries, including the cannabis sector.

Tell us about your company.

Glory Global was founded in Japan more than 100 years ago, actually starting as a light bulb company. But following World War 2 we developed a machine that would count and sort coins, so we shifted our focus to cash technology and have been doing that ever since. So now we provide these solutions to sectors across the economy, from grocery stores and restaurants to casinos and now, cannabis.

 

What role does your company play in the cannabis industry?

Cannabis is predominantly a cash business, so the value we ultimately provide to our customers is equipping them with technology that allows them to more efficiently and accurately count, secure and authenticate their cash. The time saved allows them to focus on improving the customer experience and growing their business.

Our first customer in the space was looking for ways to save time so they could focus on expansion. Cannabis businesses who are looking to expand – maybe even out of state – really can’t survive a scenario in which they must manually oversee cash counts in their back rooms on a daily basis. It just takes too much time.

Joseph Gnorski, VP of Retail Markets, Glory Global

Joseph Gnorski is Senior Vice President of Retail Markets for Glory Global, which provides cash technology solutions to a variety of industries, including the cannabis sector.

What excites you about the cannabis industry?

This industry is very new, so we’re seeing a lot of really interesting innovation. Because our solutions provide time back to the staff,, I see a lot of them creating something entirely new and interesting and better for their customers. It’s always fascinating to see how different organizations take that time and resources and put them back into their organization.

There are a lot of companies that have created fascinating customer experiences by removing that sort of transactional element of cash out of the process. Seeing those changes is what really gets me excited.

There are a lot of companies that have created fascinating customer experiences by removing that sort of transactional element of cash out of the process.  Seeing those changes is what really gets me excited.

What are the biggest challenges facing your business?

We operate all over the US, so we must navigate different regulations and laws on a state-by-state basis. As a result, it can be difficult – not just for us but for our clients – to standardize processes, to scale and to grow. This is a very new industry with a lot of new businesses – some of which are making their first entrance into running a company – so any barriers to growth can be tough to overcome. 

What changes could help you be more successful in Illinois?

We would love to see more standardization when it comes to payments and banking. It can get a complicated when you process electronic transactions and deal in large volumes of cash while trying to follow a slew of regulations. So, the easier that system can be, the easier it is to stay in compliance and stay transparent.

Connect with Joseph Gnorski and Glory Global!