Two common challenges reported by cannabis growers are low yields and small profit margins. Although recent research of cannabis yield has focused on lighting and nutrition, little research has examined how changes in other cultivation practices may be beneficial. The objective of this study was to evaluate the following two techniques to potentially improve yield: fertilizer restriction (FR) to reduce plant size and, thus, increase plant density and shoot number manipulation (SNM) to reduce shoot length and improve biomass partitioning. The FR technique involves leaching the substrate and providing only tap water for 0, 1, or 2 weeks at the start of flower initiation, whereas SNM involves pinching shoot tips 2, 3, or 4 times to produce 4, 8, or 16 shoots/plant, respectively. This study used a full factorial treatment design for a total of nine treatments (three FR × three SNM). Plants were flowered under 12-hour photoperiods for 8 weeks and then destructively harvested for data collection. The results demonstrated that both techniques improve plant productivity in different ways. The FR technique reduced all mass measurements (g/plant) and decreased plant area (m2/plant); therefore, the yield metrics (kg·m−2) increased with the increasing FR treatments. The SNM technique did not affect plant area, but more pinching events resulted in a decrease in reproductive shoot length (cm/shoot) and an increase in inflorescence to trim the dry mass ratio (inflorescence:trim). Shorter shoot lengths are desirable for eliminating trellis support netting, which helps growers reduce material costs and improve labor efficiency during harvest. Increasing the inflorescence:trim may also reduce labor costs related to trimming, which comprise the largest cost of production by many growers. Although both techniques offer advantages, there are trade-offs that must be considered in the context of overall profitability.