CT Retail Weed Sales Fall for Second Month March 13, 2024 Tom Hymes Connecticut, News & Insights, Retail 0 Comments Signaling a trend no market wants to see, Connecticut’s retail cannabis sales for both medical and adult-use fell by well over a million dollars between January and February. According to the Connecticut Department of Consumer Protection (DCP), which regulates the… Read More→
NYC Licensees Press State to Increase Enforcement of Illicit Stores February 29, 2024 Tom Hymes New York, News & Insights, Retail 0 Comments A letter-writing campaign organized by CannabisNYC is urging state lawmakers to engage in “immediate legislative action against the proliferation of unlicensed cannabis storefronts.” The deadline for licensed New York City dispensary owners and others to sign the form letter was… Read More→
Title: 2024 Dispensary Case Study; Adaptive Reuse: Transforming Forgotten Spaces into Profitable Cannabis Dispensaries February 27, 2024 Melinda Gwaltney Retail 0 Comments By Melinda Gwaltney Everyone loves a good building rehab, especially when it lends itself so well to a retail dispensary. One of my favorite clients has a knack for purchasing questionable buildings, making incredible improvements and reopening as a destination… Read More→
2024 Dispensary Case Study; Transforming the In Store Experience January 22, 2024 Melinda Gwaltney Retail 1 Comment By Melinda Gwaltney Looking on consumer trends, we can see that in 2024 the in store experience will be a deciding factor for customer spending in cannabis. Customers are tired of fast food modeled retail dispensaries and are hungry for… Read More→
Stiiizy tries to silence explosive LA Times investigation December 13, 2023 AggregatedNews Black Market, California, News & Insights, Retail 0 Comments One of the largest cannabis retail chains in California threatened to sue the Los Angeles Times for defamation for publishing a story regarding alleged ties between the company and illegal cannabis sales. The story, published Tuesday, found that holding companies owned by Tony Huang,… Read More→
Tips for Streamlining Wholesale Purchasing for Cannabis Dispensaries and Retail Operations December 12, 2023 Claudia Post Delivery Service, Retail 2 Comments By Claudia Post As the cannabis industry grows increasingly competitive, lean and smart operating is critical to the success of any dispensary business. In the end, it doesn’t matter how great your sales might be if your operating expenses are… Read More→
Pipeline Taps Into Experience of Andrew DeAngelo, Christopher Peak October 10, 2023 Tom Hymes News & Insights, Retail 0 Comments Despite a long history in the cannabis industry during which there were periods of time when everyone and their uncle was a cannabis consultant, with the inevitable bad results, professional consultancy thrives today and will continue to grow as more… Read More→
What Drives Budtenders to Recommend a Brand? May 15, 2023 Madeline Scanlon Marketing, Retail 2 Comments By Madeline Scanlon Budtenders play a unique role in the retail environment. As both salespeople and educators, they have a much larger influence on the purchasing decision than most other store employees. Brightfield Group studied this impact on consumer purchasing… Read More→
Cannabis Xpress CEO Chris Jones Keeps it Simple May 1, 2023 Tom Hymes Company Stories, Retail 1 Comment Utilizing a strategy that puts a road-less-traveled philosophy into literal practice, Toronto-based Cannabis Xpress has placed its current 14 (soon to be 15) cannabis retail stores in less-populated areas of Ontario that other retailers have all but ignored. The build-them-where-they-ain’t… Read More→
Increased Costs, Decreased Revenue Squeezing Canada’s First Retailers from Market March 30, 2023 Brian MacIver Retail 0 Comments Ahead of the fifth anniversary of Canada launching its adult-use cannabis program, the country’s market has dealt with growing pains similar to the ones seen in mature U.S. state markets. Overproduction has forced wholesale prices past many growers’ profitability points… Read More→
A topless marijuana dispensary may be coming to Western Mass. February 28, 2023 AggregatedNews Retail 0 Comments "This is definitely a way to stand out." Two entrepreneurs in Whately are looking to strip down their existing business model and reimagine it to provide what would be a unique offering in the state’s competitive cannabis industry. The owners… Read More→
First cannabis store with a bar and a bakery under the same roof opens in Illinois February 2, 2023 AggregatedNews Retail 0 Comments The first store in Illinois to combine marijuana and alcohol sales opened Wednesday in Wheeling, with its owners hoping to make it a place for customers to hang out and relax.Okay Cannabis is unlike any other business in the state,… Read More→
NYC’s second legal, recreational weed dispensary set to open in Greenwich Village January 24, 2023 AggregatedNews News & Insights, Retail 0 Comments New York City’s second legal weed store – and the first owned by a person with a prior marijuana conviction – is ready to open its doors in Greenwich Village on Tuesday. Beginning at 10 a.m., the sprawling Bleecker Street… Read More→
Marijuana industry sales slow down after pandemic surge December 9, 2022 AggregatedNews Retail 0 Comments After enjoying a sales surge during the pandemic, the U.S. cannabis industry is showing signs of a slowdown as it faces economic and regulatory challenges and people choose to spend their money elsewhere. In states with established marijuana markets such… Read More→
Weed Is Coming to Circle K Gas Stations in US Next Year Deal with Green Thumb Industries will begin with 10 stores in Florida. This could help marijuana go more mainstream. October 19, 2022 AggregatedNews Retail 0 Comments Deal with Green Thumb Industries will begin with 10 stores in Florida. This could help marijuana go more mainstream. Weed is coming to US gas stations. Circle K, the global convenience-store chain, signed a deal with Green Thumb Industries Inc., one of the largest… Read More→