📣 Calling all California dispensary owners, managers, buyers and budtenders!
You're cordially invited to one of the most anticipated industry events of the year: the Kiva Sales and Service Trade Show. Join us for a day filled with networking and exhibitions from the cannabis industry's best brands. Come visit the PAX team for live sampling and exclusive deals.
📅 Date: May 16th
🕚 Time: 11am - 7pm
📍 The Bike Shed Moto Co., 1580 Industrial St., Los Angeles, CA 90021
👉 Contact your KSS rep, PAX's California team (tagged below) or register here to attend: https://lnkd.in/ebXWAVEw
We can't wait to see you. 💚
Brennan M.Hallie Shano CecereAmanda Magariello
Kacey C.
Brian Nishiyama
How's your Independence Day promotional planning going?
The team at Surfside put together a handy little 1-pager
outlining #cannabis sales trends from 2023
to help retailers and brands understand which summer holidays
are worth investing in.
Top summer holiday?
Independence Day, of course.
July 3rd, 2023, saw a 31% spike in sales,
which is comparable to other ethnographic opportunities
like the Super Bowl (42% spike on Saturday) and Halloween (27% on 10/31).
This year, with Independence Day being on a Thursday,
#Surfside is expecting 2 x the sales (closer to 60%).
To put Independence Day in context
July 4th promotions account for 1.7% of your annual revenue
And 7% of summer revenue.
That's nothing to sniff at.
Check out the Surfside report today.
Comment below or DM us if you need any help!
#Vetrina#CannabisRetail#PromotionalPlanninghttps://lnkd.in/gFt-Z3Hp
ICYMI: Our latest CANNAtalk at StratCann’s “Growing Relationships” event in Kelowna, BC was a deep dive into navigating the cannabis retail landscape both domestically and internationally. 🌿
On Monday, June 10th, industry leaders Aaron Anderson (VP of Sales at Tricanna Industries), Jeff Aubin (CEO of Smoker Farms), Zachary Chester (CEO of Island Genetics), and Walker Patton (CCO at Woody Nelson), moderated by Nico Hache, discussed critical factors such as quality verification, pricing strategies, and market trends.
Key insights included:
- Differences in provincial cannabis boards and their impact on market access
- The potential and pitfalls of direct-to-retail and farmgate sales in BC
- Strategies for product differentiation and market positioning
Read the full article and watch the video for comprehensive coverage. 👇
https://lnkd.in/dSKKepFc
Join the CANNAtalk community for updates on upcoming events and stay informed about industry best practices and trends!
#CANNATalk#StratCann#CannabisRetail#IndustryInsights
Together lets take the industry to the next level 🚀 🚀 🚀
Unite at The Revelry Buyers' Club – New York’s Premier B2B Cannabis Trade Show
Get ready to ignite your business potential at the Revelry Buyers' Club, New York's exclusive B2B cannabis trade show. This pivotal event stands as the most concentrated gathering of licensed New York operators, featuring retailers, cultivators, processors, brands, and select ancillary providers.
Registration for May 30th Buyer’s Club is OPEN 😊
- Licensed retail operators receive complimentary passes
- Early bird exhibitor pricing through April 15th
See you there ✌🏽
Mark Your Calendar: Thursday, May 30th – A Day of Unparalleled Cannabis Business
Prepare to dive into a sea of opportunity with over 250+ retailers, 120+ cultivators, processors, and brands, and 1000+ industry professionals, all under one roof. This day will be a cornerstone for networking, learning, and forming valuable connections in the blossoming heart of New York's cannabis industry.
Experience the Power of Community and Innovation
The Revelry Buyers' Club is not just an event; it's a movement towards a more integrated, resilient and cooperative market in New York. With every handshake and exchange, you'll be part of shaping the future of this industry in the Empire State.
Don’t Miss Out – Register Now and Energize Your Business!
Spaces are filling fast, and you won’t want to miss this electrifying opportunity to elevate your network and knowledge. Join us at The Revelry Buyers' Club, where the pulse of New York’s cannabis industry beats the strongest.
Everyone: Consider Sponsorship to maximize your brands exposure. Everyone will be vetted for confirmation of attendance.
Brands, Producers and Cultivators: Talk to your partners and determine if you want to exhibit together or separate.
Retailers: RSVP ASAP, we got you, but register your team and develop your strategy for the occasion.
Ancillary Service Providers: Consider sponsorship opportunities, industry tickets or exhibiting.
Prospective Licensees: This event prioritizes the licensed and operating. Industry tickets are the best option for you and they will go fast, seriously, book ASAP.
Lulu TsuiJacobi HollandPeter Mercado-ReyesJason Starr (He/Him)Geraldine Mae Cueva & Saki Fenderson
New York Cannabis Retail AssociationCannabis Association of New YorkWeedmaps
What a ride! Embarc's California State Fair activation wrapped, and I'm still buzzing.
We built a dispensary/museum in the middle of the fair and saw thousands and thousands of people pass through over 17 days.
What really stayed with me was the crowd's curiosity about cannabis.
Attendees wandered in from art exhibits and hypnotist shows to our cannabis education area.
They learned about the plant's history, its effects, and could then buy and consume on-site.
We’ve never been able to take a customer on a journey like that before.
We met folks who'd never considered consuming, asking wide-eyed questions about everything.
And seeing older attendees get emotional about cannabis being normalized hit HARD for me.
I have to say, our team knocked it out of the park despite the challenges.
Stocking enough product for 17 days was trickier than we thought.
And our systems got a real, high-volume, rapid fire workout.
But we figured it out together, just like we always do.
We showed that cannabis can fit right in at mainstream events.
And, we did this in collaboration with our partners at Equity Trade Network (we had dinner in SF last night still talking about how surreal that experience was).
In a way, it felt like a glimpse into the future.
Alas, no time to get sentimental....
To Outside Lands we ride ✌️
Our team is onsite and ready to kick off our 4th year at this event.
This is the first time Embarc is taking a more consumer facing role.
We've been working up to this moment and I'm incredibly proud and excited. It's going to be a great weekend.
Anyone else going to Outside Lands?
#cannabis#cannabismarketing#events#marketing#cannabiscommunity
Everyone is going to be so mad when they realize I was right about the future of the cannabis industry.
Putting all your eggs in the basket of dispensaries and grows while the real money to be made over the next decade moves to hospitality.
Just think about how much a bar makes on one drink with 2 oz of alcohol vs a liquor store selling the whole bottle.
Not only can hospitality concepts charge more per gram, this new industry will also shape brand success. The brands that are in front of this new crowd of social consumers (that isn't yet at play!!!) will gain a brand loyalty that was previously unattainable.
Just imagine someone saying: "Oh! That's the strain I had at Cirrus Social Club last week and I had the best night. I'll pick some up to try at home."
Sorry to tell you cannabis industry, but the days of opening a dispensary and racing each other to the bottom as the only means of sales are over. Now everyone will have to provide a value for customers to want to participate in. You'll have to spend a little more to make it worth their while.
Of course a place like Cirrus costs a little more to create. Our end goal isn't to get people in and out buying as much as possible. Our goal is to get people to spend their time with us as much as possible and spending money throughout their experience.
I can see the future of cannabis in the next decade. Can you?
#cannabisindustry
If I’ve learned anything in my decade working with the cannabis industry, it’s that successful trade shows like CWCBExpo understand the culture and needs of the communities they serve. That’s because it’s one thing to have experience running trade shows, and a whole other to understand the industry you’re working in.
Any trade show organizer needs to have their finger on the pulse of the industry they serve. You need to know the questions to ask, where to go for trends, and need to build a mental Rolodex of who’s who. This is especially true in cannabis, where trends move fast and businesses need to move even faster. It’s a lot of work, but I wouldn’t have it any other way.
#cwcbexpo#tradeshows#tradeshowcommunity#nyevents#trends#cannabusiness
Such a great event! Really valuable insights on the technologies that will drive retail efficiencies in cannabis. I believe it's so important for us as brands to understand the challenges faced at the retail level. Last nights discussion, specifically in regards to supply chain management has me thinking how the brand + retailer relationship can become more effective, and what technologies will bridge the gaps! I think back to my retail days, and irresponsible purchasing habits that likely did a disservice to my customers, brand partners, AND finance teams. Being OOS frustrates your customers, shifting them to another product disrespects the brand that likely invested $$'s to earn that customer, and over compensating for that OOS challenges your finance team.
The industry has come so far, but these are still some of our biggest challenges as a brand, with very little control of our shelf space and retailer stocking habits. I'm curious to see what the technological future holds, and also wonder how PAX can assist our retail partners NOW to provide data driven insights, and relieve any operational burdens in supply chain management. When we work together to minimize these bottlenecks ... the brand, retailer, and CUSTOMERS win. Thank you Dutchie!
Agreed. Thank you for lighting up the cannabis hospitality experience conversation Arend Richard and Sara Stewart. It directly ties into and evolves the cannabis travel and tourism innovation discussion.
In the United States, direct travel spending totaled $1.2 trillion in 2022, which produced an economic footprint of $2.6 trillion throughout the county.
Modern day hospitality-minded cannabis experience centers intersecting with the US travel economy is a smart strategic direction, for those with the appetite to go above and beyond a low price leader product resident transaction.
Those cannabis experience outposts that decide to invest in visitor economy strategies (travel industry partnerships, tourism ecosystem marketing, etc.) and choose to establish themselves as a modern day cannabis attraction in the tourism ecosystem, will differentiate and thrive long term - if executed correctly in a data-driven way.
From a 360 branded lounge experience point of view, Arend hit the nail on the head - "Our goal is to get people to spend their time with us as much as possible and spending money throughout their experience." If you are creating a consumption space, think in that direction!
#cannabistravel#cannabistourism#visitoreconomystrategies#effectpairing#theganjatraveler#themakumethodApplegarth Consultative ServicesThe Cannabis Trail, Inc.Cannabis Travel Association International
Everyone is going to be so mad when they realize I was right about the future of the cannabis industry.
Putting all your eggs in the basket of dispensaries and grows while the real money to be made over the next decade moves to hospitality.
Just think about how much a bar makes on one drink with 2 oz of alcohol vs a liquor store selling the whole bottle.
Not only can hospitality concepts charge more per gram, this new industry will also shape brand success. The brands that are in front of this new crowd of social consumers (that isn't yet at play!!!) will gain a brand loyalty that was previously unattainable.
Just imagine someone saying: "Oh! That's the strain I had at Cirrus Social Club last week and I had the best night. I'll pick some up to try at home."
Sorry to tell you cannabis industry, but the days of opening a dispensary and racing each other to the bottom as the only means of sales are over. Now everyone will have to provide a value for customers to want to participate in. You'll have to spend a little more to make it worth their while.
Of course a place like Cirrus costs a little more to create. Our end goal isn't to get people in and out buying as much as possible. Our goal is to get people to spend their time with us as much as possible and spending money throughout their experience.
I can see the future of cannabis in the next decade. Can you?
#cannabisindustry
In only a few months, SiLLY NiCE has risen to #2 in the NY cannabis concentrates market. The Diamond Powder is proving to be a favorite amongst consumers throughout New York State, and the latest report from Headset confirms it. Also, in the top 10 at #6 is the Frosted Hash Ball.
#nyc#newyork#cannabis#cannabismarketing#marketing#salesdata
SiLLY NiCE Diamond Powder Rises To #2 Overall On New York Concentrates List 📈
Silly Nice, a black and veteran-owned cannabis brand based in Harlem, has captured the #2 spot on Heasdet’s most up-to-date New York Concentrate sales list. Within just five months of its launch, the Silly Nice Diamond Powder has not only captivated consumers and their tastes with its potent 84% THC purity but has also claimed the second spot in the competitive New York market.
Operating from Harlem, Silly Nice infuses every product with the spirit of New York. We are proud to be available in 60+ dispensaries throughout New York City, Queens, Albany, and more. You can find all of Silly Nice’s products, such as the Diamond Powder, Diamond Frosted Flower, and Frosted Hash Ball, which is currently ranked at #6 on the Headset New York State concentrate list in all dispensaries. Must be 21+.
#cannabis#newyork#newyorkstate#concentrates#blackowned#veteranowned#newyorkcity#salesnews#analytics#harlem#nyc#newyorknewyork
George Jage of MJ Unpacked (coming to Atlantic City this April) recently joined Ganjapreneur for an insightful Q&A about his experience convening cannabis professionals over the past decade, the current fundraising landscape for brands, and more. Here's an excerpt:
"If you were looking for an easy road to riches and picked cannabis, you might want to turn around and head back. It is bumpy and filled with pitfalls, but the reward is way beyond what any of us can imagine. Setting aside the opportunity to create wealth, equity, fame or fortune, we are collectively building a brand new industry and changing the world, for the better I believe. That needs to be the core source of your strength."
Read the full interview below!
Founder and Executive Director of Orange County NORML, Community Outreach and Retail Events Manager at Glass House Brands
3moSee you all there today!