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BDSA has expanded its cannabis retail sales tracking to include category-level coverage for the Florida medical market and Michigan adult-use and medical markets.
Retailers can maximize basket sizes and in-store experiences by positioning products most likely to be purchased together on shelves to encourage cross-sell and upsell opportunities.
The U.S. cannabis industry is one of the shining lights of the domestic economy. As many other industries have suffered due to the ongoing COVID-19 pandemic, legal cannabis continues its path of strong economic growth.
BDSA has expanded its cannabis retail sales tracking coverage to include Canada through a new strategic licensing agreement with Hifyre, Inc., a wholly-owned subsidiary of Fire & Flower Holdings Corp.
Saage Insights recently published its “2021 Cannabis Trends Brief,” which points to pandemic-related hardship, heightened awareness of social justice struggles, and other issues impacting the cannabis industry.
Stephanie Daley, VP of market expansion, Wana Brands, Boulder, CO, recently spoke to Cannabis Products about what the company looks for when it considers expanding, building connections with manufacturing partners, and its recent moves into Illinois and Missouri.
Recreational cannabis sales will drive global legal market growth by 376 percent over the next five years, outpacing medical and CBD, according to global market research company Euromonitor International’s new cannabis database.