cannabis retail Archives

Your TakeNovember 21, 2023

Tips for anyone looking to open a cannabis retail dispensary in New York.

StaffOctober 24, 2023

57% – How many cannabis consumers say their favorite dispensary is based on “location”

There’s an old adage in real estate: location, location, location. The same appears true for cannabis. in a recent survey, location was the top driver of favoritism among recent dispensary shoppers. Dispensaries need a strategy for attracting shoppers based on location – and that means more than just an address these days. For example, if a potential shopper only a few blocks from you looks up “weed near me” online, your shop better come up!

Source: Brightfield Group, US Cannabis Retail Brand Health, H1 2023

Adam JacksonSeptember 29, 2023

Dispensaries must maintain a robust online presence.

StaffAugust 22, 2023

Gen Z purchasing habits in Illinois make them a lucrative target.

Adam JacksonJune 27, 2023

The proposed changes specifically target diversely owned retailers.

StaffJune 13, 2023

$13 billion – Forecasted value of the U.S. cannabis flower market in 2023

Flower is king. No other product type comes close to the value of cannabis flower. In 2023, flower is expected to account for more than 40% of U.S. cannabis market revenue – and that doesn’t include pre-rolls.

Source: Brightfield Group, US Cannabis Market Sizing, 2023

StaffJune 6, 2023

52% – How many budtenders say swag affects their brand recommendations

While it might be “stuff we all get,” budtenders want it. Hoodies and more expensive items are preferred by budtenders, naturally, but they say consumers prefer stickers and lighters.

Source: Brightfield Group, Canadian Budtender Study, Q2 2023

Adam JacksonFebruary 3, 2023