Once the Face of the State’s Cannabis Loan Fund, He Now Fears Foreclosure November 30, 2024 AggregatedNews New York, Retail, Social Equity 0 Comments All cameras were on Roland Conner when he first opened, but in a fate experienced by other store operators, his deal’s costly requirements are threatening his dreams. In June, Roland Conner sat down to compose a letter to the creditors… Read More→
Green Dragon founders fired up to “get back to where we were” with new joint November 7, 2024 AggregatedNews Retail, Spotlight 0 Comments The trio say they’re now focused on Fired, which has seven stores in the works between Denver and Aurora. The first dispensary chain founded by Alex Levine, Andy Levine and Lisa Leder is preparing to cease operations in Colorado, three years… Read More→
Building a Sustainable Cannabis Dispensary: Practices That Lower Your Carbon Footprint & Drive Customer Loyalty October 29, 2024 Brendan McKee Retail 0 Comments By Brendan McKee, Co-Founder, CFO & COO, Silver Therapeutics A recent PwC survey found that 46% of consumers are buying more sustainable products to reduce their carbon footprint. In fact, consumers are actually willing to pay nearly 10% more (9.7%)… Read More→
The cannabis industry is fighting over how many stores one company can own. Here’s why. June 24, 2024 AggregatedNews Massachusetts, Retail 0 Comments A debate over the cap on weed permits has sparked worries about broken promises to entrepreneurs of color and fears of a marijuana monopoly When recreational cannabis became legal in Massachusetts in 2016, the state imposed strict limits on how… Read More→
Legalization Is On The Way—Is Your Dispensary Ready? April 3, 2024 Andy Poticha Retail 0 Comments By Andy Poticha, With multiple states on the brink of legalizing adult-use cannabis, the transition from medical to recreational dispensaries is a clear and present reality for many cannabis companies. The good news is, based on the experience of the… Read More→
MedMen’s fall shows the difficulties of the legal weed business March 26, 2024 AggregatedNews Retail 0 Comments In the summer of 2018, MedMen opened a boutique cannabis dispensary on Abbot Kinney Boulevard in Venice — “the coolest block in America,” as the company hyped in a press release at the time. With natural light pouring through floor-to-ceiling windows… Read More→
New York’s Marijuana Scorecard: 85 Legal Shops, 2,000 Illegal Ones March 24, 2024 AggregatedNews Black Market, New York, Retail 0 Comments The lack of legal dispensaries and the overwhelming proliferation of illegal ones are the biggest concerns of the rollout three years after legalization. After three years of fits and starts, the rollout of New York’s recreational cannabis market gained speed… Read More→
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→