Thursday, November 23, 2017

Retailing

Retailing
A new report shows that the marijuana industry has a great deal of potential for retailers. Running a legal marijuana dispensary is just as profitable as owning a Starbucks according to an analysis of a recent BDS Analytics study by Arcview Market...
Often dubbed “Illinois’s premier dispensary,” FloraMedex is located in the tiny Chicago suburb of Elmwood Park, in a historic Industrial Revolution-era building boasting exposed-brick, industrial architecture. When Michelle Farina first saw the loft-style mixed-use facility populated by a top-notch...
Cy Scott of Headset Inc. on the changing demographics of cannabis purchasing, the slow erosion of flower’s market dominance, and why he’s bearish on the medical market. “Concentrates, pre-rolls, and vapor pens have high growth as well as large market...
Know thy customer. Knowing your customers’ wants, habits, and needs is key at a dispensary. “There are many times that I remembered something that a patient said once, and the next time they came in I was ready to build...
Baker is joined by Grassworks’ management and will leverage the best of the company’s tech to augment offering that now serves over 700 dispensaries. DENVER – Baker, the leading customer engagement software company for marijuana dispensaries, today announced the...
Vessel is flourishing in a state with declining sales, increased competition, and ever-changing laws. Vessel, the Dutch-inspired dispensary in the northwest Slabtown district of Portland, has been ranked the best dispensary in Portland by the hip local newspaper, the Willamette...
They’re open to new products and experiences, yet need more coddling and tend to browse, but if you know how to serve them, marijuana tourists can provide a healthy boost to your bottom line. In 2016, some 42.9 million people...
Businesses operating in the cannabis market soon will be able to access traditional bank credit. When this happens, every aspect of the market—grower, manufacturer, wholesaler, distributor, dispensary, and retailer—will have access to credit, provided they meet creditworthiness norms. From...
Ohio officials have selected 11 companies chosen to receive tier II medical marijuana grow licenses for operations up to 3,000 square. House Bill 523 took effect on September 8, 2016, and legalized medical marijuana in Ohio. Now, the program has...
“Business is great!” said Michael Holly, who has served as general manager for The Evergreen Market cannabis dispensary chain for almost ten months. Holly has been an avid connoisseur of cannabis for more than two decades. The former DJ...

People

Latest Stories